Clik here to view.
Collection Agencies Sending Out 1099-C Forms For Zombie Debts?
It seems that some bottom-feeding debt collection companies—the ones who buy old debts that are frequently beyond the point where you can be sued for collection (what the FTC calls “time-barred...
View ArticleClik here to view.
POLL: GM Sorry It Disappointed You, Do You Forgive Them?
General Motors took out an advertisement apologizing for “disappointing” consumers on Monday, asking your forgiveness for years of incompetance. Do you forgive them? In the letter, GM apologizes for...
View ArticleClik here to view.
Man Gets Verizon To Forgive $18K Phone Bill After Four Years
Don’t let your child run off with your cell phone. Not unless you want to risk the chance of the whippersnapper racking up $18,000 in charges and having to tangle with the service provider for the...
View ArticleClik here to view.
Mystery Man Visits Grocery, Confesses To Armed Robbery, Pays Store Back $400
It was kind of weird: a visitor to an Asian grocery/sandwich shop had an envelope in his hand that he would only give to the store’s owner. When the owner’s son hesitated, the mystery courier set the...
View ArticleClik here to view.
Groups Say Proposed Student Loan Plan Doesn’t Provide Enough Assistance
The Dept. of Education recently proposed regulations intended to make the student loan repayment process less burdensome and drawn-out. Nearly two dozen consumer advocacy groups say that while these...
View ArticleClik here to view.
Dept. Of Education Plans To Overhaul Loan Forgiveness Program For Students...
As thousands of former Corinthian College students continue to wait to learn whether or not they’re on the hook to repay billions of dollars in student loans they took out to attend the now defunct...
View ArticleClik here to view.
Feds Will Notify Disabled Borrowers Eligible For Student Loan Discharge
Under the law, borrowers who are permanently disabled are eligible to have their federal student loans discharged. While the government has taken steps in the past to make the process more streamlined...
View ArticleClik here to view.
Student Loan Repayment Programs Will Eventually Forgive $108B In Debt
While several recent reports have suggested that many student loan borrowers face needless hurdles when trying to reduce their monthly payments through the Department of Education’s income-driven...
View ArticleClik here to view.
Trump Administration Looking To End Student Loan Forgiveness Program
This October will mark the first time that student loan borrowers who have worked for 10 years with the government or a qualifying non-profit will be eligible to have their debts wiped clean. It may...
View ArticleClik here to view.
Lawmakers Ask Education Secretary DeVos To Explain Delayed Loan Forgiveness...
Thousands of former students at bankrupt for-profit schools run by ITT, Corinthian Colleges, and others are still on the hook for millions of dollars in student loans, even though the Department of...
View ArticleClik here to view.
Major Student Loan Company Accused Of Overcharging, Delaying Forgiveness For...
A student loan servicing company that handles accounts for millions of borrowers nationwide now stands accused of preying on people in a federal program that forgives the loans of borrowers who work in...
View Article
