Are you banking on having a portion of your student loans canceled? Read this first. (iStock) The majority of college graduates took out federal student loans to finance their education, borrowing more than $30,000 on average, according to the … Continue reading →
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Credit is a fantastic tool that allows economic mobility and leverage. But for lower-income Americans, growing their credit and maintaining solid scores can be difficult. Now, Experian has partnered with a game-changing nonprofit to create a way for all Americans … Continue reading →
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Moorari Shah is a partner in the Finance and Bankruptcy Practice Group in the firm’s Los Angeles and San Francisco offices. Areas of Practice Moorari combines deep in-house and law firm experience to deliver practical, business-minded legal advice. He represents … Continue reading →
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A recent decision in the 3rd Circuit should prompt debt collectors to review their inclusion of viewable bar codes, QR codes or other technologies when sending debt collection letters. In the wake of Hunstein v. Preferred Collections and Management Services, … Continue reading →
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Subscribe to The Financial Brand via email for FREE! The way banking and financial services are delivered have changed massively with the rise of digital technology. But the industry is still looking to crack the code, so to speak, on … Continue reading →
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Offices of Navient in Wilmington, Delaware, June 9, 2021. REUTERS/Andrew Kelly Summary Law firms Related documents Motion to dismiss proposed class action denied Borrowers allege student loan servicer misapplied payments to prolong debt The company and law firm … Continue reading →
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D.C. Council Chairman Phil Mendelson and Attorney General Karl Racine are putting forward legislation to protect District consumers against “unfair and abusive debt collection practices.” Mendelson introduced the bill Monday, which was written in collaboration with the Office of the … Continue reading →
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Source: Shutterstock. A settlement has been reached over a lawsuit brought by the $4.1 billion Municipal Credit Union and the NCUA against CUMIS Insurance Society after it refused to pay a $9.8 million interim insurance claim to cover the losses … Continue reading →
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Charlene Crowell By Charlene Crowell In recent years, consumer finance protections withered through a series of harsh attacks that either outright rejected or significantly diminished financial guard rails in the marketplace. But a new consumer victory, urged by a groundswell of support … Continue reading →
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Department of Education announced an additional $55.6 million of student loan debt canceled Friday. Biden administration has now canceled $1.5 billion of student loan debt. The Department of Education canceled an additional $55.6 million in student loan debt for 1,800 … Continue reading →
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