Post-origination servicing
Understand every line your servicer sends you.
For people who already have a loan. Statements, posting dates, escrow adjustments, hardship programs, payoff quotes and lien releases — set out so you can hold your own in a call with your servicer.
- Independent — not a lender or servicer
- No access to any loan account
- Free to read, no sign-up
Scope of service
A reference desk, not a portal
We hold no accounts and cannot see yours. Everything here explains how servicing works, so that you can deal competently with the company that does hold it.
Ref 001 — Guided match
What do you need help with today?
Three questions, answered here in your browser. Nothing is sent anywhere, nothing is stored, and no account details are asked for. You will be pointed at whichever of the four guides is written for your situation.
Your matched guide
No guide matched yet
Answer the first question and a recommended guide appears here. Nothing is sent anywhere — this runs in your browser.
A match is a reading suggestion, not advice about your loan. All four guides are free and you can read any of them in any order.
Ref 002 — Quick reference
Four servicing numbers worth knowing before you need them
Typical ranges seen across United States consumer loan servicing. They are conventions, not rules — every one of them is set by your agreement or your servicer's policy, and yours may differ. Check your own documents before relying on any of them.
Bank transfer posting
1–3 days
Business days for an ACH payment to post. Initiating on the due date is usually too late; initiating three business days early usually is not.
Typical grace period
10–15 days
Days after the due date before a late fee applies. Set by contract, not by statute. Find yours in the fee schedule and treat it as an emergency buffer, not a deadline.
Payoff quote validity
10–30 days
A payoff figure is only correct through a stated date because interest keeps accruing daily. Always ask for the good-through date and the per diem.
Credit reporting threshold
30 days
Delinquencies are commonly furnished to credit bureaus once a payment is a full 30 days past due. A late fee and a credit report entry are separate events.
Ref 003 — Guides
Four servicing guides
Each one covers a single account-management task end to end: what the document says, what the servicer is doing behind it, and what to ask for.
SVC-01
Understanding your monthly statement
Every field on a servicing statement, what it is derived from, and the three lines that most often do not say what people think they say.
Read the guideSVC-02
Payment options and avoiding late fees
How each payment channel differs in posting time and cost, what a grace period actually protects, and how to direct extra money to principal.
Read the guideSVC-03
Hardship and forbearance programs
Deferment, forbearance, repayment plans and modification compared, with what each does to your balance and your credit reporting.
Read the guideSVC-04
How a payoff quote works
Why the payoff figure is higher than your balance, why it expires, and the lien release steps that come after the final payment.
Read the guideRef 004 — How it works
Three steps, and none of them involve us touching your loan
There is no application, no credit check and no handoff to a third party. This is a reading service, and the whole of it happens in your browser.
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Describe the situation
Tell us what is happening
Three questions above: what the problem is, what kind of loan it is, and how soon you need to act. No name, no account number, no email.
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Get a match
Read the guide written for it
You are pointed at one of four guides, and told which sections to start with. Each is a full walk-through of one servicing task, not a summary.
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Use it
Go to your servicer prepared
You call the company that actually holds the ledger, knowing the words on your statement, what to ask for and what they are permitted to do about it.
Ref 005 — Who does what
Your lender originated the loan. Your servicer runs it.
These are frequently different companies, and the servicer can change more than once over the life of a loan without your terms changing at all. The company you signed with may have no further involvement in your account.
That distinction decides who you call. Questions about a payment, a statement, an escrow analysis, a hardship request or a payoff figure go to the servicer, because the servicer is the only party holding the ledger. Questions about the original terms are answered by the agreement you already have.
- A transfer of servicing does not change your interest rate, term or balance.
- It does change where payments go, and sending one to the old address is a common way to become accidentally late.
- Keep the original agreement and every year-end statement. They are your evidence if a ledger is ever wrong.
Ref 006 — Capability matrix
What a servicer can do, and what this site can do
Worth being blunt about, because it determines whether you are wasting a phone call.
| Action | Your servicer | Loan Services Group |
|---|---|---|
| Show your exact balance | Yes | No — we have no access to any account |
| Apply or reverse a payment | Yes | No |
| Issue a payoff quote | Yes | No |
| Approve forbearance or a repayment plan | Yes, within investor rules | No |
| Correct a credit reporting error | Yes, on investigation | No |
| Explain what a statement line means | Yes | Yes — that is what we are for |
| Tell you what to ask for and how | Sometimes | Yes |
Ref 007 — Common questions
Questions we are actually asked
Answered plainly, including the ones where the answer is no.
Can you look up my loan, tell me my balance, or contact my servicer for me?
No. We have no access to any loan account anywhere, no relationship with any servicer, and no way to act on your behalf. We cannot see your balance, apply a payment, request a payoff or open a hardship case. Only the company servicing your loan can do those things.
What we can do is tell you what to ask them for, and what their answer means.
My loan was transferred to a new servicer. Do my terms change?
A transfer of servicing does not change your interest rate, your term, or your balance. Those are set by the agreement you signed and they travel with the loan.
What does change is where the payment goes and who answers the phone. Payments sent to the old servicer after the transfer date are a common cause of an accidental delinquency, so update every standing instruction, including your bank's bill-pay, on the date the notice gives you.
Is a late fee the same thing as a late payment on my credit report?
No — they are separate events with different triggers. A late fee is charged under your agreement once the grace period passes, commonly ten to fifteen days after the due date. Delinquencies are usually furnished to the credit bureaus only once a payment is a full thirty days past due.
That gap is why a payment made on day twenty can cost you a fee without appearing on your credit report at all. Both figures are set by your own agreement and your servicer's policy, so confirm yours rather than assuming the common case.
Why is my payoff figure higher than the balance on my statement?
Because a payoff is calculated to a future date. Interest accrues daily, so the quote adds the interest expected between now and the good-through date, plus any unpaid fees and, on an escrowed loan, any escrow shortage.
Ask for the per diem alongside the figure. With it you can check the arithmetic and work out exactly what closing a few days later costs. Our payoff quote guide includes an illustrative estimator that shows how the components fit together.
Will asking about a hardship program hurt my credit?
Asking is not itself a reportable event. What gets reported is the outcome, and different programs are furnished differently: some are reported as current under a special comment code, others are not, and an arrangement entered after you are already behind does not erase the delinquency that preceded it.
Before you accept anything, ask the servicer in writing how the arrangement will be reported to the credit bureaus, and what your balance looks like when it ends. Get the answer in writing. The hardship guide covers each option.
If I send extra money, does it come off the principal?
Not automatically. Depending on the servicer and the loan, extra money may be applied to fees first, held in a suspense account, or treated as an early payment of next month's instalment — which advances your due date rather than reducing the balance.
If you want it against principal, say so explicitly on the payment and check the next statement to confirm it landed there. Payment options covers how to direct it.
Is any of this financial advice?
No. Everything here is general educational information about how loan servicing typically works in the United States. It is not financial, legal or tax advice and it is not tailored to your circumstances, which we do not know.
Practice varies by loan type, by servicer and by state. Your own agreement and your own statements govern, and for advice about your situation you want a licensed professional or a non-profit credit counsellor.
Ref 008 — Account
Servicing disputes are won on records.
The people who get problems fixed are the ones who can say what they sent, when they sent it, and who they spoke to. A free Loan Services Group account is a private workspace for keeping exactly that — your own servicing record, in your own words.
It is not connected to any lender or servicer, and it never will be, because we do not hold accounts. No account numbers are required, and there is no credit check, because there is no credit product.
- A running note of every call: date, name, reference number, what was promised.
- Your own record of what you paid and when you sent it.
- Nothing is shared with any servicer, because we have no way to reach one.
Or start reading
No account is needed for any of it. Every guide on this site is free, and the guided match at the top of the page will point you at the right one in three questions.