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Student Loans & Abusive Debt Collection

March 18, 2014

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The news is full of stories of college graduates getting their diploma, being thousands of dollars in debt with student loans and not being able to get a job in their chosen field. However, what most news stories do not mention is what graduates are facing with debt collectors. Debt collection of student loans is […]

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Are Lenders Using Facebook To Determine Creditworthiness?

March 16, 2014

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According to a recent CNN article discussing what impacts a consumer’s credit score, it was revealed that an increasing number of lenders are using your social media accounts to impact your credit. It may seem crazy, but some lenders believe that your social connections are a good indicator of your credit worthiness. For example, if […]

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You’re Asked to Co-Sign? Review These Important Facts First

January 21, 2014

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Hold your horses before you sign on that dotted line to help your high-strung son or daughter find his or her first place. There are some things you need to consider before being a co-signer, as it’s not what many think. For starters — you’re not simply co-signing a lease or rental agreement, but rather actually signing it as […]

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Yes, Mortgage Brokers Can Go to Jail for Mortgage Fraud

January 14, 2014

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The law is impartial, blind and indiscriminate, even to those with legal authority. Never forget that. This is definitely the case when the news presented a story about a mortgage broker from Woodbury, Massachusetts, sentenced to 1 to 3 years imprisonment for essentially stealing above $650K from his participating mother-in-law. It was, of course, a […]

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