Bbt consolidating regions
But it closed 77 branches in less desirable markets.
"We will never have a branch-free banking industry, it's just that they're going to be more concentrated and less present in non-urban markets," Bush said.
If you find yourself in a situation where you can’t pay the full amount due on time or have to miss a payment, your loan may be considered delinquent and you may be charged late fees.
Contact your loan servicer immediately for help, and ask them about your options.
Request Help from the FSA Ombudsman Group If you have followed the guide and still cannot resolve your issue, as a last resort, contact the Federal Student Aid (FSA) Ombudsman Group.
The FSA Ombudsman works with student loan borrowers to informally resolve loan disputes and problems.
Looking to cut costs, many banks are aggressively shuttering branches they deem unnecessary and encouraging customers to shift to online and mobile banking instead, said Nancy Bush, a bank analyst and contributing editor at SNL.Sample a single multimedia module or take the entire course.Overall, banks closed 2,267 branches last year and opened only 1,149, according to research firm SNL Financial.The Default Resolution Group helps student loan borrowers in default arrange debt payments.Contact the Default Resolution Group at 1-800-621-3115.