One of the sad realities of life with student loans is dealing with scammers. Many of the most dangerous scams piggyback on recent student loan news to take advantage of unsuspecting borrowers. The latest scam is a classic example. FedLoan Servicing, commonly called myfedloan, has alreadyannoun...
they are structured as “installment” loans. Instead of just $300, they’ll lend youmoremoney because they lets them escape the payday loan regulations. See the LA Times articleBorrow $5,000, repay $42,000 — How super high-interest loans have boomed in ...