Monthly Archives: April 2017

How to Protect Yourself from Predatory Student Loans

Student debt can accumulate fast, and knowing the inefficient nature of student lending corporations can help you avoid paying unnecessary fees and stop you from acquiring additional debt. Navient, the largest student loan company in the U.S., has just recently been sued for a laundry list of malpractices. The lender was cited for creating unnecessary obstacles for borrowers, incorrect payment processing, misinformation, and cost cutting at every corner. The importance of defending yourself is very high as your credit score is at stake. There are several steps you can take to ensure you’re not letting these companies lock you into paying predatory student loans. Ways to Avoid Getting Slammed by Predatory Student Loans Set up Autopay: Setting up autopay ensures that the lending company will get the payment on time every time, and no egregious late fees or additional debt will be accumulated. You can expect your loan provider to…
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