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Category: Student Loans

Paid for Ranking Placement in Financial Products Grows

February 3, 2020 Bankcenter Staff

The operators of a website that compares student loans and other financial products have agreed to settle Federal Trade Commission…

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Posted in: Fraud, FTC, Marketing, Student Loans

Univ of Phoenix Pinched $191M to Settle Deceptive Ads

December 19, 2019 Bankcenter Staff

The University of Phoenix (UOP) and its parent company, Apollo Education Group, will settle for a record $191 million to resolve…

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Posted in: CONSUMER, Education, Employment, Fraud, Student Loans

Multi-$MMs Student Debt Relief Scam Shuttered

November 12, 2019 Bankcenter Staff

The Federal Trade Commission obtained a temporary restraining order halting an operation that bilked consumers out of millions of dollars…

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Posted in: CONSUMER, Debt Collection, Scams, Student Loans

Federal Reserve Reg M & Z Updated

November 3, 2019 Bankcenter Staff

The Consumer Financial Protection Bureau (CFPB) and Federal Reserve Board announced the dollar thresholds in Regulation Z (Truth in Lending)…

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Posted in: CFPB, CONSUMER, Federal Reserve, Loans, Student Loans

Get Smart About Credit Day

October 15, 2019 Bankcenter Staff

­Thursday, October 17 is “Get Smart About Credit Day” and Experian is joining the American Bankers Association to provide young…

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Posted in: Budgeting, CONSUMER, Financial Education, Savings, Spending, Student Loans

Sallie Mae Enhances Student Credit Card Portfolio

October 11, 2019 Bankcenter Staff

Sallie Mae® rolled out three new credit cards, each uniquely designed to promote and reward financial responsibility, including the only…

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Posted in: CONSUMER, Credit Cards, Student Loans

Student Loan Debit Relief Scams Slammed

September 18, 2019 Bankcenter Staff

The Federal Trade Commission charged the operators of two similar student loan debt relief schemes, and a financing company that…

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Posted in: CONSUMER, Fraud, Student Loans

FAFSA Buffalos Families as October Start Date Nears

September 12, 2019 Bankcenter Staff

Nearly all families surveyed (97 percent) plan to complete the Free Application for Federal Student Aid (FAFSA ®)1, according to a…

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Posted in: CONSUMER, Discover, Student Loans

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