The government is suing student loan giant Navient, claiming the servicer isn’t looking out for borrowers. Navient agrees, saying its role is to send bills, collect payments, process forbearances and manage the account. The student loan servicer acts in the lender’s interest, claims Navient – not yours.
In other words, Navient isn’t even pretending to help you. If there’s a better strategy available to manage your student loans, don’t expect your servicer to mention it.
 

The government is suing student loan giant Navient, claiming the servicer isn't looking out for borrowers. Navient agrees, saying its role is to send bills, collect payments, process forbearances and manage the account. The student loan servicer acts in the lender’s interest, claims Navient - not yours. In other words, Navient isn't even pretending Read the article

Thousands of student loan approval letters from FedLoan Servicing are not binding and can be rescinded at any time.

According to a report from the Consumer Financial Protection Bureau ‘CFBP’ Experian is fined $3 Million for Deceiving Consumers

Bankruptcy filing – or the prospect of it – usually puts Wynn at Law LLC clients in full-out panic mode. One of the most alarming, last-ditch, hail-Mary ideas coming from this desperation is to cash out a retirement plan to avoid bankruptcy court. In some cases, people can ‘borrow’ against their company retirement plan, usually a 401(k). This is as dangerous as cashing out to cover the financial struggle.
Don’t. Touch. This. Money.

Subprime vehicle loans – according to an article in Automotive News and Bloomberg “about a third of the risky car loans that are bundled into bonds are considered “deep subprime,” a level that has surged since 2010 and is translating to higher delinquencies on the

Robert Weed has the best rate of bankruptcy dismissed in Northern Virginia Just finished checking on the number of my law firm bankruptcy cases dismissed the first three months of this year. (“Dismissed” means thrown out; the opposite is “discharged” which means successfully completed.)   We had 4 dismissals and 90 cases filed—that’s 4.4%.

Robert Weed has the best rate of bankruptcy dismissed in Northern Virginia Just finished checking on the number of my law firm bankruptcy cases dismissed the first three months of this year. (“Dismissed” means thrown out; the opposite is “discharged” which means successfully completed.)   We had 4 dismissals and 90 cases filed—that’s 4.4%. One […]

Robert Weed has the best rate of bankruptcy dismissed in Northern Virginia Just finished checking on the number of my law firm bankruptcy cases dismissed the first three months of this year. (“Dismissed” means thrown out; the opposite is “discharged” which means successfully completed.)   We had 4 dismissals and 90 cases filed—that’s 4.4%. One […]

Credit Reports to Exclude Certain Negative Information, Boosting FICO Credit Scores,
by AnnaMaria Andriotis at The Wall Street Journal