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Consider the following tips to avoid potentially damaging scams. 1. Unrealistic guarantees for approval. One of the easiest ways to spot a loan scam is the promise of guaranteed approval.
And even a legitimate company can’t guarantee positive results. “Don’t be scammed,” McCoy says. “Make sure you do your research and don’t get taken advantage of.” Sacrifice in moderation
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The company was founded in 1994 in Minnesota. [13] In March 2010, the company was the target of data theft. The personal information on 3.3 million student-loan borrowers was taken. [15] In March 2018, ECMC Foundation launched its Education Innovation Ventures portfolio. [16] In February 2018, ECMC Group moved its headquarters to Minneapolis ...
American National University was one of 153 institutions included in a program of student-loan cancellation resulting from alleged fraud. The class-action suit was brought by a group of more than 200,000 student borrowers assisted by the Project on Predatory Student Lending, part of the Legal Services Center of Harvard Law School. A settlement ...
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