Professional Bureau Of Collections Of Maryland Student Loans Phone Number
For students who have taken out loans to pay for their education, repayment can be a daunting task. If you are struggling to make payments on your Maryland student loans, you may be contacted by the Professional Bureau of Collections of Maryland. This article will provide you with all the information you need to know about the Professional Bureau of Collections of Maryland student loans phone number.
Who is the Professional Bureau of Collections of Maryland?
The Professional Bureau of Collections of Maryland is a debt collection agency that is authorized to collect on behalf of the state of Maryland. They are responsible for collecting on a variety of different types of debts, including student loans.
The Professional Bureau of Collections of Maryland is licensed by the Maryland Department of Labor, Licensing and Regulation, and they are also a member of the Association of Credit and Collection Professionals.
Why might the Professional Bureau of Collections of Maryland contact me?
If you have taken out a student loan in Maryland and have fallen behind on your payments, the Professional Bureau of Collections of Maryland may contact you to collect on the debt. They may also contact you if your loan has gone into default.
It is important to note that if you are contacted by the Professional Bureau of Collections of Maryland, you should not ignore their calls or letters. Ignoring their attempts to contact you can result in serious consequences, such as wage garnishment and damage to your credit score.
What is the Professional Bureau of Collections of Maryland student loans phone number?
If you need to contact the Professional Bureau of Collections of Maryland regarding your student loans, you can call them at 1-800-779-0209.
When you call, you will be asked to provide your name, your account number, and your contact information. You should also be prepared to discuss your repayment options and to come up with a plan to get your loans back on track.
What should I do if I am unable to make my student loan payments?
If you are struggling to make your student loan payments, there are a few things you can do to avoid defaulting on your loans:
- Contact your lender: If you are having trouble making your payments, it is important to contact your lender as soon as possible. They may be able to work with you to come up with a more manageable repayment plan.
- Consider deferment or forbearance: If you are unable to make your payments due to financial hardship, you may be eligible for deferment or forbearance. These programs allow you to temporarily postpone your payments.
- Explore loan forgiveness programs: If you work in a certain field or for a certain employer, you may be eligible for loan forgiveness programs. These programs can help you reduce or eliminate your student loan debt.
Conclusion
If you have taken out a student loan in Maryland and are struggling to make your payments, it is important to take action before your loans go into default. Contacting the Professional Bureau of Collections of Maryland at 1-800-779-0209 can be a good first step in getting your loans back on track.
Remember, ignoring your student loan debt can result in serious consequences. Take action today to avoid defaulting on your loans.