The "Current balance" amount listed in the "Account Summary" section of the letter represents the current day's total payoff amount. Need your payoff quote in writing? From the MMA "Home" page, select "Documents," then choose the "Mortgage Verification/Loan Summary" option to view/print the letter. IMPORTANT: This amount is only valid if the payment is submitted before 4:00 pm EST. View the current day's total payoff amount in the "Account Details" section of the "Home" page of MMA. You'll then need to determine the date on which you would like to pay your loan(s) in full. The quickest and easiest way to retrieve a payoff quote or to pay off your loan(s) is by logging into Manage My Account. We have several convenient options to obtain loan payoff information: Manage My Account (MMA) Ready to pay off your loan? Need a payoff quote? Have other questions about the payoff process? Whether you're ready to pay off your loan or simply want to add an extra $20 a month to your minimum monthly payment, everything you need to know about paying off your loan faster and paying less in interest can be found here. Help Center > Manage My Account Loan Payoff Information For the latest information regarding the status of student debt relief, visit. The Biden-Harris Administration is seeking to overturn those orders. Visit /coronavirus for updates.Ĭourts have issued orders blocking student debt relief. In the meantime, please feel free to visit /announcements-events/edfinancial-system-transfers for more information. We will remain in contact with our customers throughout this process to provide important updates to your account. Visit /coronavirus for updates.Įdfinancial Services is transitioning to a new loan servicing platform which will allow us to provide an even better customer experience. We will notify borrowers before payments restart. If the debt relief program has not been implemented and the litigation has not been resolved by J– payments will resume 60 days after that. Department of Education is permitted to implement the debt relief program or the litigation is resolved. The student loan payment pause is extended until the U.S. ![]() ![]() One-Time Student Loan CancellationĬourts have issued orders blocking student debt relief. ![]() Edfinancial Transitioning Loan Servicing PlatformsĮdfinancial Services is transitioning to a new loan servicing platform which will allow us to provide an even better customer experience.
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