So Who is Maximus Education Taking Over Navient Loans as Aidvantage?

Navient has announced federal student loans they service, well not all of them, will be transferred to a company named Aidvantage that is part of Maximus Education, LLC. Aidvantage Student Loans Navient says, “Aidvantage is the federal loan servicing unit of Maximus Education, LLC, a company that has one mission – to help you manage … Read more

Student Loan Repair Center – Consumer Complaint – October 21, 2021

Consumer Statement: Attached are your financial disclosure and 3rd party authorization so we can begin work. Please sign and date each doc with an ink pen. Do not sign electronically. Here’s exactly what we need: On attachment FinDisc-ToSign.pdf – sign/date page 2 On attachment DOE3rd-ToSign – sign/date page 1 Please scan/email OR fax back to … Read more

When Bad Debt Advice Hides Behind Good Advice

I just saw a Houston Texas TV story about Suzanne Black, an elderly 70 years old woman involved with a nonprofit debt management company, Money Management International. She paid $63,000 over the last five years with their help to get out of debt. While this may sound all fine and good on the surface, I … Read more

I’m Still Plenty Irritated My Social Security is Garnished for Student Loans

Question: Dear Steve, $35,000 has been collected on my $20,000 student loan debt, and none of it has been applied to the principal only to interest. You told me that “if the mandatory amount garnished is insufficient to cover the interest owed each month, then no payment would be applied to the underlying principal amount.” … Read more

How Do I Get an Amex Card After Cards Closed for Dispute Abuse

Question: Dear Steve, I had two Amex cards, Blue and EveryDay. Unfortunately, they were both closed due to “dispute abuse.” I applied for the Cash Magnet Blue Card, got approved, then when the system updated, it got canceled; how do I get an Amex card? Hansel Answer: Dear Hansel, You don’t. It seems the previous … Read more

What Happened in USA Case Against Rayan Vanderhoof?

Question: Dear Steve, Steve Vanderhoof’s widow Rayan Vanderhoof and her CURRENT STATUS with the Department of Justice and her company Olympus Medical Group Corporation for Medicare Fraud? Was Ms. Vanderhoof ever convicted? Answer: Many of the court records in the case of the United States of America v. Rayan Vanderhoof are sealed and not publicly … Read more

College Goes Bankrupt But Your Student Loans Are Problematic

Vista College, a chain of for-profit college campuses, closed and went bankrupt a few days ago. Most Vista campuses are in Texas, but the chain filed its bankruptcy proceedings in Delaware. Who Owns Vista College? Education Futures Group (EFG), a Chicago-based private equity firm, holds a majority interest. Jim Tolbert, Vista’s CEO, owns 16.7 percent. … Read more