May 22, 2012

Late Stafford Loan Disbursements

Generally a student ceases to be eligible for aid once he or she has finished the term and is no longer enrolled. However, a student may submit verification documentation and receive a late disbursement after that time if the Department of Education processed a SAR or ISIR with an official EFC while said student was enrolled.

Medical Bankruptcy

Consumer Debt Rose $21 Billion Last Month Thanks to Credit Card Use

The total amount of consumer credit circulating in the United States rose by more than $21 billion last month, raising concerns that more people … [Read More...]

ResCap Files For Bankruptcy, Eyes Paying Back Taxpayer Bailout Money

Ally Financial Inc’s mortgage unit, named Residential Capital (ResCap for short), filed for bankruptcy on Monday, according to Reuters. Ally … [Read More...]