Sentences with phrase «involving student loan companies»
This scam involves a student loan company that tells you they can get you the «best» interest rate and loan terms, but you have to pay a «small» fee up front for this service.
https://thecollegeinvestor.com/ Not exact matches
Campaigners said a recent white paper would allow for - profit companies currently being investigated by Congress in Washington to become involved in UK education via government — backed student loans.
You fell behind on your private student loan payments (by more than 90 - days); to the point where your private student loan account was «written off» and sold to a third - party debt collection company (where the bank — and whoever else is involved — can now remove the account from their balance sheet).
The problem is, these scams usually involve the company taking your money, your student loans remain in forbearance for months or years, and the borrower finds out that the forbearance has expired and that nothing was done.
Cases like this involve companies banking on students to believe they can qualify for student loan discharge with help; of course, this help isn't free.
The CFPB has taken quite the active stance against companies that are involved with student loans and trying to game the system.