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Student Financial Aid Websites Illegally Billed Consumers

student loan debt

Today the Consumer Financial Protection Bureau filed a complaint and proposed consent order in federal court against Student Financial Aid Services, Inc. for illegal sales and billing practices. The Bureau alleges that the company, which until recently operated, lured in consumers with misleading information about the total cost of its subscription financial services and hit them with undisclosed and ... Read More »

    Student Loan Consolidation Assistance Slippery Slope of Compliance

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    Recently the site has received a number of great comments about if student loan consolidation assistance services should be regulated or are already regulated under state laws.You can read all the article on this topic, here. When talking about compliance issues for student loan assistance programs the argument seems to come down to one of two statements. We Are Not ... Read More »

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