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More than 7,100 student loan borrowers will receive $3.5 million in refund checks after a consumer protection agency said they were scammed by a student debt relief company in renegotiating ...
Student Loan Refund Checks Are In the Mail for Anyone Who Paid During the COVID-19 Moratorium. Yaёl Bizouati-Kennedy. November 17, 2022 at 9:30 AM. JLN Photography / Shutterstock.com.
Larry, 60, has been making student-loan payments since 1995 after graduating from law school. He never thought he would get debt cancellation. A boomer got $182,000 in student loans forgiven ...
For federal student loans, default requires non-payment for a period of 270 days. For private student loans, default generally occurs after 120 days of non-payment. [1] In 2021, outstanding student loan debt has reached a record more than $1.8 trillion. [2]
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After a yearslong fight between the government and student loan debt relief scammers, the Federal Trade Commission said it is processing over $4 million in refunds to student loan borrowers.
In June 1997, New Century Bank was founded as a private bank in Phoenixville, Pennsylvania by Ken Mumma. It had five branches in Pennsylvania. The bank had about $265 million in total assets and $229 million in deposits by 2009, however of its $226 million lending portfolio, $186 million was real estate-related and considered bad loans amidst the Great Recession.