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Fitch Publishes Exposure Draft for Rating U.S. FFELP ABS
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Fitch Ratings has published an exposure draft with respect to its criteria for rating U.S. Federal Family Education Loan Program ABS. Fitch invites feedback on the proposals during the consultation period that will end on 30 May 2014.
 
Consumer Alert: Student Loan Debt Scams Increasing
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Student loan debt can be overwhelming to some consumers already riddled with debt from mortgages and credit card bills. The federal government says student loan debt is the single largest form of consumer debt, aside from mortgages. According to a recent report the average student will have amassed $29,000 in student loans before leaving college.
 
Student Loan Dept Scams Increasing
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Some Arkansas consumers have received mailers from a for-profit entity claiming that the entity can help consolidate or defer student loan debt -- services offered at a cost of hundreds of dollars are often available for free.
 
Should You Consolidate Your Student Loans?
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Are your student loans putting a dent in your wallet? Whether you’re having a tough time keeping up with the payments due to carelessness on your part or a lack of funds, consolidation is an option worth considering. A direct consolidation loan, which is offered by the federal government, lumps all outstanding federal student loan balances into one new loan and grants you a repayment term of ...
 
6 Common Questions About Student Loan Defaults and Tax Refunds
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Spring means blooming flowers, budding trees and, if you're lucky, a lovely federal tax refund from Uncle Sam to go toward a big purchase, paying down debt or padding your savings account. But if you've defaulted on a federal student loan, your tax refund may not appear as expected. Most federal student loans are considered to be in default when payments are 270 days or more past due. Once your ...
 
Are You Blowing Thousands On These Unexpected Student Loan Costs?
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NEW YORK ( MainStreet ) — Behold the prudent federal student loan borrower: he borrows only what he really needs, and upon graduation, signs up for the most sensible loan repayment programs.
 
Fitch Affirms College Loan Trust-I Senior Notes; Upgrades Sub Notes
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Fitch Ratings affirms the senior student loan bonds at 'AAAsf' and upgrades the subordinate bonds to 'A+sf' from 'BBBsf' issued by College Loan Trust-I Amended and Restated 2003 Indenture of Trust .
 
LendingTree Empowers Borrowers by Bringing More Choice and Competition to Personal Loans
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CHARLOTTE, N.C., April 14, 2014 /PRNewswire/ -- LendingTree, the nation's leading online source for competitive loan now provides consumers a more competitive marketplace for personal loans. Continuing ...
 
Bank Mutual Corporation Reports 11.7% Increase In Net Income For The First Quarter Of 2014
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MILWAUKEE, April 16, 2014 /PRNewswire/ -- Bank Mutual Corporation (NASDAQ: BKMU) reported net income of $2.8 million or $0.06 per diluted share in the first quarter of 2014, which was an 11.7% improvement ...
 
9 ways to spot — and avoid — a shady student loan 'debt relief' agency
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Student loan "debt relief" scams abound. But how can a borrower avoid falling prey to them? Look out for these nine red flags to spot these agencies - and steer clear of them.