Where Do You Pay off Student Loans?

Looking for the right place to pay off loans? Unfortunately, there’s no blinking neon sign for borrowers to “Repay Loans Here.” Instead, borrowers may have to go old school, and make a phone call to meet their new best friend—the student loan servicer. It all starts with contacting the Federal Student Aid Information Center to … Read more

The Ivy League’s Biggest Scam: Expensive Graduate Degrees That Don’t Pay Off

If you are thinking about enrolling in a pricey Ivy League graduate program, read a recent Wall Street Journal article titled “Financially Hobbled for Life’: The Elite Master’s Degrees That Don’t Pay Off.” Reporters Melissa Korn and Andrea Fuller report on a WSJ analysis of student debt owed by people who graduated from prestigious schools … Read more

Typical Retirement Expenses to Prepare For Like a Boss

Sleeping in until noon. Spoiling the grandkids with gifts and freshly baked cookies. Traveling around Western Europe to sip wine and eat croissants. Many people dream about how their retirement years will play out. These goals are 100% attainable—as long as retirees have saved enough during their working years. Unfortunately, not all Americans know what … Read more

Timeshare Exit Team Scores a Kind of Win and Loss at the Same Time

couple study discuss

One of those companies that says they help people to get out from their timeshare has ended a suit against them on the verge of a jury trial. Reed Hein & Associates does business as Time Share Exit Team. Court documents filed by Westgate Resorts, Westgate Vacation Villas, Westgate Lakes, Westgate GV at the Woods, … Read more

4 Tips To Help Manage Your Personal Finances Better

Managing personal finances. It can be a challenge for various reasons. Regarding personal finance management, your goal might be to make positive changes to your financial circumstance and live more comfortably. The question is, how can you begin to manage your personal finances more simply? And which steps can you take to stay on top … Read more

California on Verge of Passing Debt Settlement Law That Protects Consumers

California is getting ready to pass AB-1405 titled “Fair Debt Settlement Practices Act.” Ironically, a number of settlement companies are located in California, Irvine in particular. Unless something magical happens the bill will pass. As it stands today, the bill has some serious consequences for settlement companies. This can be of no surprise to an … Read more

The Navy Student Loan Repayment Program is Awesome

The U.S. Navy offers service members a proud and venerable tradition, having patrolled the seas since its inception in 1775. Almost 250 years later, the Navy still offers its sailors a remarkable life experience, a chance to serve the country, and a host of benefits that make life somewhat easier for military personnel. One perk … Read more

Sellers of Deceptive Business Opportunity Will Have to Pay Some

Consumer Complaint Submission

The operators of a scheme that falsely promised participants could earn large sums of money from memberships sold to other participants will be permanently prohibited from engaging in any future business and investment opportunity as part of a settlement with the Federal Trade Commission. In a complaint first announced in November 2020 as part of … Read more

7-Eleven Buys Speedway

Most of us have seen a 7-Eleven or a Speedway retail store but I had no idea 7-Eleven bought Speedway. FTC Orders the Divestiture of Hundreds of Retail Stores Following 7-Eleven, Inc.’s Anticompetitive $21 Billion Acquisition of the Speedway Retail Fuel Chain Proposed order prohibits 7-Eleven from enforcing noncompete provisions for franchisees or employees working … Read more

Covid Delayed Foreclosures to Begin But CFPB Softens the Blow

The Consumer Financial Protection Bureau (CFPB) has announced new rules to assist homeowners to attempt to avoid foreclosure now that the protections against forclosing have phased out. CFPB Acting Director Dave Uejio. “An unchecked wave of foreclosures would drain billions of dollars in wealth from the Black and Hispanic communities hardest hit by the pandemic … Read more

Burlington Financial Group Targeted for Deceptive Debt-Relief and Credit-Repair Services

On June 29, 2021, the Consumer Financial Protection Bureau (CFPB) filed a proposed order in federal district court against Burlington Financial Group and its owners and executives, Richard Burnham, Katherine Burnham, and Sang Yi, for allegedly deceiving consumers into hiring the company to lower or eliminate credit-card debts and improve consumers’ credit scores. If entered … Read more