JUST IN: HELB Announces 80% Penalty Waiver for Loan Defaulters Who Pay in Full
Thousands of Higher Education Loans Board (HELB) defaulters now have a chance to reduce their financial burden, thanks to an 80% penalty waiver for those who settle their outstanding loans in full. In a notice issued on Monday, HELB encouraged beneficiaries with overdue payments to take advantage of the offer by reaching out through its official communication channels. “Settle your HELB loan in a lump sum and enjoy an 80% waiver on accrued penalties. Simple, rewarding, and just a call, DM, or email away!” the board announced. However, the notice did not specify a deadline for the offer, leaving borrowers with
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