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Student Loan Consolidation Scams. The Texas Office of the Attorney General plainly states, “If a company charges you money upfront to consolidate your federal student loans, it is a scam.” ...
Due to the uptick in student loan forgiveness scams, the FTC has sent more than $4.1 million in refunds to borrowers who lost money to scammers. Luckily, the U.S. Department of Education has ...
How to avoid student loan scams. Getting a bunch of texts, emails and calls about student loan forgiveness? Scams come in different forms, so it’s best to take extra caution. Here are a few ways ...
The restart in loan payments this month could make it harder for borrowers to distinguish between a legitimate company and scammers because so many borrowers are making payments for the first time ...
Specifically, the organization calls for the return of standard consumer protections to student loans, including bankruptcy protections and statutes of limitations. The organization also calls for the removal of exemptions given uniquely to the student loan industry from Fair Debt Collection Practices Act, the Truth in Lending Act, and state usury laws. [1]
An alumni association or alumnae association is an association of graduates or, more broadly, of former students . In the United Kingdom and the United States, alumni of universities, colleges, schools (especially independent schools), fraternities, and sororities often form groups with alumni from the same organization. These associations ...
According to the Consumer Financial Protection Bureau, outstanding student loan debt is almost $1.2 trillion, and 7 million borrowers are in default on their student loans. Scam artists attract ...
Cultura RF/Getty Images Student loan debt has become a huge burden on recent college graduates, with figures from credit-reporting agency TransUnion showing that the average student loan balance ...