Search for: "Direct Loans, Borrower Services"
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25 Aug 2022, 9:03 pm
Biden announced a relief package for over 60 million student loan borrowers. [read post]
19 Aug 2022, 9:27 am
As the deadline to consolidate FFEL loans to Direct loans in order to receive PSLF forgiveness (OCT 31, 2022), we recommend that borrowers use Nelnet to consolidate rather than Aidvantage or Mohela as Nelnet is currently processing these quicker. [read post]
15 Aug 2022, 2:35 pm
Part 3—Funding the Internal Revenue Service and Improving Taxpayer Compliance Sec. 10301—Enhancement of Internal Revenue Service Resources: This section provides $80 billion in funding to the Internal Revenue Service (“IRS”), including more than $3 billion for taxpayer services, more than $45 billion for enforcement activities, more than $25 billion for operations support, and more than $4 billion for maintaining and… [read post]
15 Aug 2022, 4:01 am
This repeal would not affect borrowers currently eligible for Public Service Loan Forgiveness. [read post]
29 Jul 2022, 4:00 am
DHS Inspector General Tells Secret Service to Stop Investigating Potentially Missing Texts Due to ‘Ongoing Criminal Investigation’ MSN – Whitney Wild (CNN) | Published: 7/21/2022 The Department of Homeland Security’s inspector general informed the Secret Service it is investigating what happened to January 6-related text messages that may have been deleted, describing it as an “ongoing criminal investigation” and directing the… [read post]
27 Jul 2022, 8:27 am
Normally, only borrowers with Direct Loans who have made on-time payments on their loans and are employed full-time at the time of application would be eligible. [read post]
18 Jul 2022, 5:56 pm
Former students who took out federal loans to attend can apply for full or partial discharge of their loans and may also be eligible for refunds of amounts paid and credit repair services. [read post]
15 Jul 2022, 3:15 am
The order directed the U.S. [read post]
13 Jul 2022, 10:58 am
Most recently: The Rhode Island Department of Banking amended Rule 230-RICR-40-10-2 (Lenders, Loan Brokers, Small Loan Lenders, Third-Party Loan Services and Mortgage Loan Officers) to codify previously issued guidance allowing for remote work locations for mortgage loan originators. [read post]
6 Jul 2022, 1:00 am
This tighter monetary policy is aimed at preventing inflation from spreading more broadly to goods and services. [read post]
5 Jul 2022, 3:57 pm
If a student loan servicer receives a nonconforming payment, the servicer must:Notify the student loan borrower that the payment is nonconforming within 10 days after receiving the payment;Ask the student loan borrower how he would like the student loan servicer to apply to nonconforming payment to the borrower’s account.Prohibitions. [read post]
26 Jun 2022, 12:28 am
Their direct and indirect actions had a large impact on broader society, much of it negative. [read post]
20 Jun 2022, 8:52 am
Accordingly, the district court found that CashCall had engaged in a deceptive practice within the meaning of the CFPA when servicing and collecting on the loans by creating the false impression that the loans were enforceable and that borrowers were obligated to repay the loans in accordance with the terms of their loan agreements. [read post]
19 Jun 2022, 7:52 am
The Joint Consolidation Loan Separation (JCLs) Act of 2021 will: Allow borrowers to submit an application to the Department of Education to split the JCL into two separate federal direct loans. [read post]
10 Jun 2022, 11:26 am
The scammer claimed, “I am purchasing a used excavator in your State and the purchase agreement requires your services, I want to know if you can provide closing service for this purchase. [read post]
30 May 2022, 9:04 pm
Lack of access to affordable capital is a well-documented challenge facing Black borrowers, and LIIF’s BDCI capital product fills an essential gap in the market. [read post]
21 May 2022, 11:11 am
”Recoverable grant useful – may be used to find charitable activities where revenue generation and ability to repay are less certain than anticipated for loans; may help grantee’s financial statements and credit rating; less pressure for grantee to repay; may be more familiar to grantor and grantee (e.g., with respect to compliance)Program related investments (PRIs) are defined in IRC 4944(c) – include loans, equityLoan useful – may build… [read post]
20 May 2022, 4:00 am
Supreme Court ruled a $250,000 cap on the amount of money that candidates can be reimbursed after an election for personal loans to their own campaigns unjustifiably burdened political expression. [read post]
19 May 2022, 10:32 am
The Order also directs SoLo to stop enforcing loans made to Connecticut residents and make restitution of any amounts it obtained in connection with such loans together with interest. [read post]
15 May 2022, 9:11 pm
September 28, 2021 | States Regain Regulatory Power Over Predatory Loan Servicers | The Education Department’s new interpretation of federal law empowers states to protect student loan borrowers. [read post]
