A Look at Borrowing, Repayment, and Bankruptcy Rates by Age
Household debt balances increased in the third quarter of 2018, a seventeenth consecutive increase. Total debt balances reached $13.51 trillion, a level more than 20 percent...
Tag : consolidation
No Way to Treat Veterans. VA Says Missing Payments to Student Veterans Not Coming.
The Department of Veterans Affairs screwed up. Veterans using their earned benefits under the GI Bill for education were shorted payments due for the housing...
CFPB Officially Turns on Consumers Under Acting Director Mulvaney
I had to read the original story from National Law Review twice to make sure I actually got the facts right. Sadly I had. We...
Education Corporation of America and Virginia College Were Already Planning to Close 25+ Schools and Offer Students Refunds
VC Macon sued Virginia College and Education Corporation of America. VC Macon is the landlord of Virginia College and Education Corporation of America. They accuse...
Brookstone Law Receiver Update With Summary Judgment Against Jeremy Foti and Charles Marshall
Victims of the Brookstone Law mortgage scam have an update from the Receiver. “The Court granted the FTC’s Motion for Summary Judgment against Jeremy Foti...
Education Corporation of America Now Run by Court Appointed Receiver
Education Corporation of America got their wish of out of control disaster. The company owns Virginia College and New England Business and Finance and tried...
Federal School Code List 2019-2020
The Federal School Code List is a critical tool to use to verify if private student loans might be protected in bankruptcy. If the school...
Are Sanctuary Belize Owners Getting the Facts or Fake News?
A reader sent me a screenshot of an alleged Facebook post by a Chris Cammarano who is associated with Sanctuary Belize and a lot owner...
Department of Education Seems to Think Student Loan Forgiveness is Optional
The Department of Education Borrower Defense to Repayment has officially gone from being a blessing to a joke and now to essentially lights out. Education...
Have You Ever Seen This Loan Credit Thing Before From Navient?
Okay, this one has me stumped. A consumer received a letter that said: “your loan credit has been retracted because you didn’t make your first...