FedLoan Servicing has problems and is the worst student loan servicer. Their direct debit program is almost a scam for student loan users and their customer service is terrible.
Let me begin by sharing a scenario with you. Jared has made the decision to purchase his first home. He has excellent credit so he has no concerns with obtaining a loan for his house. Jared applies for the loan only to be rejected by the bank. He’s a little confused so he pulls his […]
The most common student loan scams involve paying fees to consolidate or to get forgiveness, law firms and lawsuits, and trying to eliminate your loan debt.
The Fraud Research Center estimates that Americans lose $40-$50 Billion dollars to fraud every single year, and up to 17% of the adult population falls victim to some form of financial fraud in a given year. Most of us believe that we’re too smart to fall prey to financial fraud, but successful fraudsters trick smart […]
One of the most frustrating questions I get everyday (seriously, everyday), from readers is: Is this company that’s saying they want to help me with my student loan debt a scam? Is this a student loan consolidation scam or legit company to work with? My answer? If you’re even asking me, it means you went […]
There is a new scam going around college campuses right now that is impacting hundreds of college students and young adults. It’s the college roommate scam, and if you’re not careful, it could cost you hundreds (maybe even thousands) of dollars. We’ve talked about scams before, but this is a little different. There have been […]
Earlier this year I wrote about Wells Fargo’s new fees for Quicken users. I found out because I was charged for connecting my Quicken to my Wells Fargo checking account. You see, Quicken has two methods of connecting to a bank account: Web Connect (check balances and transactions only) Direct Connect (conduct online banking and […]
So on Saturday, I was checking out some new investing apps for my iPad, when I started using Wikinvest – a cool little app that lets you track your portfolio. Well, I input my information for my Wells Fargo PMA Account, and I got a warning that Wells Fargo may charge a fee for this. […]
I hate being pessimistic, but it can be hard NOT to be pessimistic sometimes, especially when it comes to people and crime. Millions of individuals are scammed each year in the United States, and they don’t have to be if they are just a little vigilant and know what to look for. Here are some things you […]
More and more people are falling victim each year to having their online accounts hacked, and the money withdrawn or transferred out. It is a very scary thought that someone could access your 401(k) or bank account, and simply transfer the money – but it happens, and it happens frequently. While brokerages and industry safe […]
I am an extremely frustrated Wells Fargo customer. Maybe since I’ve always been a capitalist at heart, I never really was bothered too much by bank fees, because most of the time they seemed, on some level, to make sense. However, earlier this month, I came across a fee at Wells Fargo that really made […]
With road travel expected to peak this Thanksgiving Day long weekend, I thought I would share with you some of the most common “Secret” Gas Pump and Gas Station marketing tricks to get you to spend more money. With gas prices reaching highs again, you don’t need to spend anything extra. While none of these […]
Even though there has been a lot of reform in the cell phone industry, one area that is still troublesome is early termination fees. It is probably the most costly potential fee, and it is also the one the consumers have: the least control over and the least knowledge of. Here is what you need […]
Ugggh….I have been having to deal with one of the most egregious offenses one can make in the publishing world – plagiarizing content. Over the past week, I have had two separate websites steal and post my content and call it their own. And it seems to be spreading virally around the blogosphere. Last week, […]
First, sorry about the late Wednesday post today. I wanted to write about my current battle with Best Buy, and it was supposed to be resolved today. Here is what has happened: After reading Elle from Couple Money‘s experience in store at Best Buy, I had to share my current on-going awful experience with Best […]
This post is by Suba at Wealth Informatics: debt reduction, financial planning, informed Consumerism, savvy investing, fun & frugal living leading to financial freedom. I am not talking about Facebook costing you via all the lost productivity that you could have used to make money or time spent with your family. I am talking about […]