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IBR Bros Lose Right to Drive in Several States

lol http://finance.yahoo.com/news/22-states-where-could-l...
Alcoholic principal's office antidepressant drug
  03/30/15
wtf why?
hairraiser stain
  03/30/15
(Former Licensed Driver)
Alcoholic principal's office antidepressant drug
  03/30/15
Being on IBR does not mean you are in default.
ruby haunted graveyard people who are hurt
  03/30/15
lol bro, your license is probably voided as we speak.
Alcoholic principal's office antidepressant drug
  03/30/15
Doubt it affects most IBR bros.. they can't afford cars anyw...
Irradiated lilac corn cake indian lodge
  03/30/15
Opponents should propose an amendment. The officers and majo...
Razzle-dazzle maniacal senate genital piercing
  03/30/15
jokes on them. LAC grads with degrees in Polynesian transge...
Lavender comical state
  03/30/15
Or do licensed work.
Razzle-dazzle maniacal senate genital piercing
  03/30/15
...
diverse roommate
  03/30/15
just do borrow $300K to go to law school and then lose your ...
exhilarant cordovan address idiot
  03/30/15
Time to either A) Leave the country B) Take up a life of...
gaped opaque bawdyhouse becky
  03/30/15
...
Alcoholic principal's office antidepressant drug
  03/31/15
debtor's gaol nao.
Motley philosopher-king
  03/30/15
...
Alcoholic principal's office antidepressant drug
  03/30/15
Guillotine time.
provocative unholy tanning salon
  03/30/15
Privilege to drive?
Arousing deer antler
  03/30/15
jfc. guillotine these motherfuckers tomorrow.
Red sinister brunch ladyboy
  03/30/15
...
provocative unholy tanning salon
  03/31/15
Defaulting Corey Haim MAF
provocative unholy tanning salon
  03/31/15


Poast new message in this thread



Reply Favorite

Date: March 30th, 2015 3:07 PM
Author: Alcoholic principal's office antidepressant drug

lol

http://finance.yahoo.com/news/22-states-where-could-lose-100030912.html

Failing to repay student loans has all sorts of terrible consequences, but in some states, more than just your financial well-being is at risk — student loan default could cost you your professional certification or even your driver's license.

Two state legislatures (Iowa and Montana) are considering bills that would repeal laws that allow states to suspend the driver's licenses of student loan defaulters, Bloomberg reported in a March 25 piece on the topic. Even if those repeals succeed, several other states have such laws in place. Some states suspend licenses needed to practice in certain fields, from health care to cosmetology, though license suspension can extend to driving, too.

Repeal advocates argue that license suspension is a counterintuitive punishment for student loan defaulters, because it may keep them from working, which theoretically enables them to repay their debts. That's the case Montana state Rep. Moffie Funk is making for the bill she introduced to repeal the state's law that allows driver's license suspension, Bloomberg reports.

According to a list from the National Consumer Law Center, 22 states have laws that enable suspension of state licenses issued to student loan defaulters. The professions and licenses affected by suspensions vary by state and cover a wide range of earning potential, but some of them include doctors, social workers, barbers, transportation professionals and lawyers — the lists can be quite extensive. If your state is on the list and you're at risk of defaulting, you might want to research the details:

Alabama

Alaska

California

Florida

Georgia

Hawaii

Illinois

Iowa

Kentucky

Louisiana

Massachusetts

Minnesota

Mississippi

Montana

New Jersey

New Mexico

North Dakota

Oklahoma

Tennessee

Texas

Virginia

Washington

Student loan default trashes your credit, and the loans continue to incur interest and fees as long as they remain unpaid, so getting out of default can be very challenging. If you have federal student loans, as most people who borrow do, there are many options available to you before you're 270 days past due on your student loan payments (that's the definition of default): You can apply for income-based repayment or pay-as-you-earn programs, in addition to applying for an extended repayment period, which will raise the cost of your loans in the long run but make them more affordable now.

If you want to see how your student loans are affecting your credit, you can get your free credit scores, updated monthly, on Credit.com. You can check your credit reports for free once a year from each of the three major credit reporting agencies at AnnualCreditReport.com. Because student loans are generally not dischargeable in bankruptcy and default can be catastrophic for your credit, it's crucial to prioritize making your loan payments on time.

(http://www.autoadmit.com/thread.php?thread_id=2842456&forum_id=2#27582945)



Reply Favorite

Date: March 30th, 2015 3:09 PM
Author: hairraiser stain

wtf why?

(http://www.autoadmit.com/thread.php?thread_id=2842456&forum_id=2#27582961)



Reply Favorite

Date: March 30th, 2015 4:04 PM
Author: Alcoholic principal's office antidepressant drug

(Former Licensed Driver)

(http://www.autoadmit.com/thread.php?thread_id=2842456&forum_id=2#27583284)



Reply Favorite

Date: March 30th, 2015 4:15 PM
Author: ruby haunted graveyard people who are hurt

Being on IBR does not mean you are in default.

(http://www.autoadmit.com/thread.php?thread_id=2842456&forum_id=2#27583373)



Reply Favorite

Date: March 30th, 2015 4:16 PM
Author: Alcoholic principal's office antidepressant drug

lol bro, your license is probably voided as we speak.

(http://www.autoadmit.com/thread.php?thread_id=2842456&forum_id=2#27583380)



Reply Favorite

Date: March 30th, 2015 4:17 PM
Author: Irradiated lilac corn cake indian lodge

Doubt it affects most IBR bros.. they can't afford cars anyway paying that extra 5% per month.

(http://www.autoadmit.com/thread.php?thread_id=2842456&forum_id=2#27583388)



Reply Favorite

Date: March 30th, 2015 4:18 PM
Author: Razzle-dazzle maniacal senate genital piercing

Opponents should propose an amendment. The officers and major shareholders of companies that default on debt should lose their driving privileges.

(http://www.autoadmit.com/thread.php?thread_id=2842456&forum_id=2#27583390)



Reply Favorite

Date: March 30th, 2015 4:19 PM
Author: Lavender comical state

jokes on them. LAC grads with degrees in Polynesian transgender studies don't drive.

(http://www.autoadmit.com/thread.php?thread_id=2842456&forum_id=2#27583402)



Reply Favorite

Date: March 30th, 2015 4:20 PM
Author: Razzle-dazzle maniacal senate genital piercing

Or do licensed work.

(http://www.autoadmit.com/thread.php?thread_id=2842456&forum_id=2#27583407)



Reply Favorite

Date: March 30th, 2015 4:30 PM
Author: diverse roommate



(http://www.autoadmit.com/thread.php?thread_id=2842456&forum_id=2#27583453)



Reply Favorite

Date: March 30th, 2015 4:28 PM
Author: exhilarant cordovan address idiot

just do borrow $300K to go to law school and then lose your ability to practice because you can't pay your student loans

(http://www.autoadmit.com/thread.php?thread_id=2842456&forum_id=2#27583434)



Reply Favorite

Date: March 30th, 2015 5:51 PM
Author: gaped opaque bawdyhouse becky

Time to either

A) Leave the country

B) Take up a life of crime

C) Both

(http://www.autoadmit.com/thread.php?thread_id=2842456&forum_id=2#27583913)



Reply Favorite

Date: March 31st, 2015 9:19 AM
Author: Alcoholic principal's office antidepressant drug



(http://www.autoadmit.com/thread.php?thread_id=2842456&forum_id=2#27587132)



Reply Favorite

Date: March 30th, 2015 4:28 PM
Author: Motley philosopher-king

debtor's gaol nao.

(http://www.autoadmit.com/thread.php?thread_id=2842456&forum_id=2#27583440)



Reply Favorite

Date: March 30th, 2015 6:24 PM
Author: Alcoholic principal's office antidepressant drug



(http://www.autoadmit.com/thread.php?thread_id=2842456&forum_id=2#27584078)



Reply Favorite

Date: March 30th, 2015 5:46 PM
Author: provocative unholy tanning salon

Guillotine time.

(http://www.autoadmit.com/thread.php?thread_id=2842456&forum_id=2#27583890)



Reply Favorite

Date: March 30th, 2015 5:50 PM
Author: Arousing deer antler

Privilege to drive?

(http://www.autoadmit.com/thread.php?thread_id=2842456&forum_id=2#27583912)



Reply Favorite

Date: March 30th, 2015 6:26 PM
Author: Red sinister brunch ladyboy

jfc.

guillotine these motherfuckers tomorrow.

(http://www.autoadmit.com/thread.php?thread_id=2842456&forum_id=2#27584093)



Reply Favorite

Date: March 31st, 2015 9:20 AM
Author: provocative unholy tanning salon



(http://www.autoadmit.com/thread.php?thread_id=2842456&forum_id=2#27587136)



Reply Favorite

Date: March 31st, 2015 9:21 AM
Author: provocative unholy tanning salon

Defaulting Corey Haim MAF

(http://www.autoadmit.com/thread.php?thread_id=2842456&forum_id=2#27587138)