Private Student Loan Death Release Check

Live. Student or cosigner died? TILA 1650(g): no auto-default on the student, release the cosigner, and no prepayment fees.

Send up to 5,000 private education loans with loan type, agreement date, the event (cosigner death or bankruptcy, student death), default or acceleration actions, notice-of-death date, cosigner release and notification dates, later collection or credit reporting to the cosigner, and any prepayment fee. Applies 15 U.S.C. 1650(g) for agreements on or after November 20, 2018: no default or acceleration against the student solely because a cosigner died or filed bankruptcy, cosigner release within a reasonable time after notice of the student's death plus notice of the release, and the designee option; and 1650(e) (no prepayment fees). Federal title IV, open-end and real-estate-secured loans excluded under 1650(a)(8). Returns release targets and cited findings. Nothing stored.

Price: $0.001 per call after 1,000 free per month.

DebtLayer · Tools · Free tools · Docs · support@debtlayer.io