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Posted in Student Loans
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kaykealeaugh

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Closed accounts (transfers)
I have student loans through FEDLOAN. The account shows closed to transfer, does that mean i still owe the loan since the original company (regency beauty institute) went bankrupt. There is no other company shown at the moment that i could pay it to.

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The school is not the one who issued the funds, but a bank that  is part  of the student loan industry did and you will soon enough be contacted about payments.  Transfers do not release you from the repayment obligation. 

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