Can a student loan company withhold your income tax returns?

Answer I'm not sure what your really asking...and that may even indicate your not really sure what is actually going on I'll guess you have a loan, presumably made for you to use for paying tuition. I'll also guess that you have filed income tax returns and have a "refund" coming - (as I can't see how anyone could or would "withold income tax returns" - YOU file them). Now I'll finally guess that the company that gave you the loan is somehow now getting the refund?

Your refund is yours unless you agreed and assigned the rights to it to another. These days, that pretty much has to be very disclosed and done through lenders that are approved to give "RAL" - that is a refund anticipation loan. These are getting much more regulated, but are still almost always at the highest possible interest rate.

You see them advertised early in the year - "why wait, get you money today - let XYZ file your return for you and we'll give you your refund that same day...even if you don't have all your forms yet...." Those are actually RALs. They charge to do your return, charge to loan you money and take the refund as security, having you sign that it should go to them If you took the loan they gave you and used it for education, etc. , that's your choice Generally, a student education loan company wouldn't get involved with things like a RAL, as you easily could not have one, if you just made other income or had less withheld from your employment, etc.They normally really don't want anything to do with your taxes, just getting the payments you agreed to. If your in default on student loans (especially those part of a government guarantee program) - that's a different story - they may well be able to take any Federal benefits or refunds that you could otherwise have coming of any type So I'm new and couldn't figure out where to post a different answer or if I even could - BUT yes if you have defaulted on a student loan your taxes can in fact be taken by the government to repay the loan.

Please note that they will also charge additional interest as well as penalties. If you have made payment arrangements with a your guarantor once you have made 4-6 consecutive monthly payments you can have the withholding released. You can call 800-304-3107 to find out if you're tax returns are going to be offset.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.

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