Search for: "Student Loan Financial Assistance LLC" Results 1 - 20 of 77
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Student loan assistance will help them overcome financial burdens that could prevent them from pursuing higher education. [read post]
12 Dec 2014, 4:00 am by Barbara S. Mishkin
Mishkin On December 11, the CFPB announced lawsuits against two student loan debt relief companies alleged to have deceived borrowers into paying upfront fees for federal student loan repayment benefits that are available for free. [read post]
20 Jun 2019, 6:53 am by John L. Culhane, Jr.
  The Bureau alleged that when providing this assistance, CU Connect knew, or was reckless in not knowing, that ITT was strong-arming students into the CU Connect Loans, that ITT’s financial aid practices left many students “unaware of the terms, conditions, risks, or even existence of their CU Connect Loans,” and that students were defaulting on the CU Connect Loans at high rates. [read post]
22 Aug 2017, 9:10 am by Wolfgang Demino
 LOAN SERVICER: The Pennsylvania Higher Education Assistance Agency (which does business as AES) was designated as the servicer of the acquired student loans pursuant to pre-existing servicing Agreements between the Pennsylvania Higher Education Assistance Agency (PHEAA) and The First Marblehead Corporation. [read post]
24 Sep 2020, 8:23 am by Rene T. McNulty
On June 14, 2019, the CFPB entered into a settlement with Student CU Connect CUSO, LLC (“CUSO”), another company that had been set up to hold and manage a separate portfolio of private loans for ITT students. [read post]
18 Mar 2021, 3:13 pm by John L. Culhane, Jr.
In its third lawsuit filed under the leadership of Acting Director Uejio, the CFPB, earlier this week, sued Student Loan Pro (SLP), a student loan debt relief company, its owner, and its manager, for alleged violations of the Telemarketing Sales Rule (TSR) and the Consumer Financial Protection Act. [read post]
31 Dec 2017, 5:12 pm by Wolfgang Demino
District Court in Illinois against student loan collector NCO Financial Systems (now operating under a different name), and collection law firm7th-Circuit. [read post]
19 May 2020, 7:35 am by John L. Culhane, Jr.
The defendants included Chou Team Realty, LLC, which does business as Monster Loans (Monster Loans), and Thomas Chou and Sean Cowell (the “Settling Defendants”). [read post]
10 May 2024, 11:29 am by Melissa Revuelta
This commission was a share of the money that the schools claimed from a federal financial aid program, specifically the Federal Direct Loan Program, for the benefit of American students. [read post]
15 Aug 2019, 11:24 pm by MOTP
That was just before the financial crash that brought on TERI's bankruptcy because it the venerable nonprofit did not have sufficient reserves to cover the mounting defaults. [read post]
31 Oct 2018, 2:20 pm by Wolfgang Demino
Hopkins, Consumer Financial Protection Bureau Office of Enforcement.National Collegiate Master Student Loan Trust, Defendant, pro se.National Collegiate Student Loan Trust 2003-1, Defendant, pro se.National Collegiate Student Loan Trust 2004-1, Defendant, pro se.National Collegiate Student Loan Trust 2004-2, Defendant, pro se.National Collegiate Student Loan Trust 2005-1, Defendant, pro se.National… [read post]
17 Sep 2017, 7:30 pm by Wolfgang Demino
  The Company helps meet the growing demand for private education loans by providing national and regional financial institutions and educational institutions, as well as businesses and other enterprises, with an integrated suite of design, implementation and securitization services for student loan programs tailored to meet the needs of their respective customers, students, employees and members. [read post]
5 Aug 2020, 1:19 pm
As with auto loans, student loan debt will often be divided equally even if only one spouse took out a loan. [read post]
12 Nov 2020, 6:32 am by Rene T. McNulty
The complaint alleges that Performance SLC and Crenshaw violated the Telemarketing Sales Rule (TSR) by charging illegal advance fees to student loan borrowers seeking to obtain loan consolidation, loan forgiveness, or income-driven repayment plans for their federal student loans. [read post]
10 Jun 2022, 12:01 pm by Erik L. Johnson
  Moreover, Malini Mithal, Associate Director of the Federal Trade Commission’s Division of Financial Practices, recently stated on our podcast show, that the FTC is using several workaround enforcement strategies to avoid the holding in the AMG matter.Credit Repair and Debt Relief (Credit):  The report discusses the FTC’s settlement with the operators of a student loan debt relief scheme (Student Advocates Team), charged with falsely… [read post]