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What does Coast Professional Inc do?

Coast is a top-performing accounts receivable management and business support services company that specializes in onshore debt collection, contact center, and back-office functions for public and private entities.

What is Coast Professional?

Coast is a top-performing accounts receivable management and business support services company that specializes in onshore debt collection, contact center, and back-office functions for public and private entities.

What collection agency does Navient use?

As a bit of background, Navient is the nation's largest student loan servicer, servicing over 12 million borrowers. Pioneer Credit is a subsidiary of Navient, and Pioneer is responsible for the collection of defaulted student loans.

How much student debt is there?

Federal student loans make up the vast majority of American education debt\u2014about 92% of all outstanding student loans is federal debt. The federal student loan portfolio currently totals more than $1.6 trillion, owed by about 43 million borrowers.

What collection agency does the IRS use?

Before you receive a phone call, both the IRS and the private collection agency (PCA) will send you a letter. The IRS Notice CP40 and the PCA's initial letter contain a Taxpayer Authentication Number. The PCA uses this number to verify your identity and you can use the number to confirm the PCA's identity.

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Does Coast Professional Inc work for the IRS?

Coast Professional is a legitimate company that collects debts for the IRS, other government agencies, and educational institutions. We'll discuss what they do, what your rights are, and how to get them off your credit report.

Does the IRS use Coast Professional Inc?

The IRS has entered into qualified collection contract with Coast Professional Inc. This is a Private Collection Agency (PCA) used for debt recovery.

How much do Americans owe in student loan debt?

According to a Department of Education analysis, the typical undergraduate student with loans now graduates with nearly $25,000 in debt. The skyrocketing cumulative federal student loan debt\u2014$1.6 trillion and rising for more than 45 million borrowers\u2014is a significant burden on America's middle class.

Why is Coast Professional calling?

Coast Professional will call, email, or mail you if you have unsettled debt (or they think you do). Because they deal with federal student loan collections, this might mean you've defaulted on your student loan payments. All student loans can affect your credit score and be sent to collections if you fail to pay.

What is the average student loan debt in the US 2022?

Student loan borrowers in the United States owe a collective nearly $1.75 trillion in federal and private student loan debt as of August 2022, according to the Federal Reserve Bank of St....Average student loan debt. Debt typeAverage debtVeterinary school debt$183,30210 more rows

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