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Student Loan Debt Collectors Get a Black Eye

Student loans continue to dominate the news wires as our current administration seeks ways to ease the burden of student loan debt. There are hints of taking a crack at allowing bankruptcy for student loans. But until that time, which may or may not come, there still remains a major problem with the continued default … Read more

U.S. Dept of Education Says Some of Their Debt Collectors Just Suck

Following a review of 22 private collection agencies, the U.S. Department of Education announced today that it will wind down contracts with five private collection agencies that were providing inaccurate information to borrowers. The five companies are: Coast Professional, Enterprise Recovery Systems, National Recoveries, Pioneer Credit Recovery, and West Asset Management. The Department also announced … Read more