Reported 1 day ago
MOHELA is a student loan servicer managing both federal and private loans, but it is not a lender. It handles administrative tasks such as billing and payment processing. Despite being one of the largest servicers, it faces mixed reviews, including lawsuits alleging mismanagement. Borrowers can find out if MOHELA is their servicer through various methods and should be aware of ways to make payments and address issues. Staying informed about their rights and recent developments is crucial for borrowers.
Source: YAHOO