Misrepresenting the order in which the company would apply extra loan payments and failing to properly discharge federal student debt for borrowers with a total and permanent disability.
Consumers have protections from their creditors, but consumers also have liability to their creditors. Knowing your rights and obligations is the best way to make informed decisions.
Company and Its Former CEO Engaged In Illegal Debt Collection Practices (Reprint from CFPB announcement 7/13/18) The Bureau of Consumer Financial Protection (Bureau) announced a settlement with National Credit Adjusters, LLC (NCA), a privately-held company headquartered in Hutchinson, Kansas, and its former CEO and part-owner, Bradley Hochstein. Frequent unlawful debt collection acts and practices that […]
By Richard J. Parker: Shareholder in Parker, Butte, & Lane, P.C. (reprinted with permission of the author, December, 2017) Immigration status is a complex legal issue for anyone not born in the USA. While some people born overseas are still U.S. citizens at birth, there are some hoops to jump through that do not exist […]
Ever wondered what you should do if you are scammed by a car dealership or a car salesman? What are the used car dealer tricks? How do you avoid a car dealer lying to you about financing?
HOW TO AVOID BEING RIPPED OFF BY A CAR DEALERSHIP OR CAR SALESMAN, part 2. Ever wondered what you should do if you are scammed by a car dealership or a car salesman? What are the used car dealer tricks? How do you avoid a car dealer lying to you about financing? In order to […]
Ever wondered what you should do if you are scammed by a car dealership or a car salesman? What are the used car dealer tricks? How do you avoid a car dealer lying to you about financing? In order to be a victim you need to learn how to beat the salesman or dealership.
He now crushes the voice of the only organization that tries to protect you and me as consumers. November, 2017 Trump appointed Mick Mulvaney as “acting” director of the Consumer Financial Protection Bureau, at the same time he was also the director of the White House Office of Management and Budget. June 6, 2018 Mick […]
May, 2018 – Over the next few months the Department of Education will be sending letters to totally and permanently disabled veterans that they are eligible to have their student loans forgiven. These loans will be federal student loans or aid from the Teacher Education Assistance for College and Higher Education grant program.
The American dream for many is to drive a nice car, own a nice home and have a great job. Unfortunately that dream is dead for many under 40. Young people are leaving college with student loan burdens that would choke a horse – $1.4 TRILLION and counting; surpassing credit cards to become the largest […]
There are two types of student loans – federal and private. Federal loans have some protections for the lenders that private student loans do not. Every month lawsuits are filed by the thousands, many that are invalid, but if the borrower does not respond the court has no option but to award a judgment for […]