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Debt Collection Agency Adding Hundreds of Jobs
18 November 08 10:21 AM | Student Loan Girl | 0 Comments   

Premiere Credit of North America , a debt collection agency based in Indianapolis, is a bit of an anomaly in today’s down economy — it is thriving at a time when many businesses are cutting back their workforces and many debt collection agencies are losing Read More...

Filed under: bankruptcy, Chicago Tribune, college, college loans, David Hoeft, debt, debt collection agencies, debt collection, debt collection companies, Debt Collectors, delinquent college loans, delinquent student loans, economic downturn, Education Department, Erika Smith, government debt, Indiana debt collection agencies, Indianapolis debt collectors, NextStudent, Premiere Credit of North America, private student loans, student loan debt, student loan defaults, student loan payments, student loans, The Indianapolis Star, U.S. Department of Education, unpaid student loans, unsecured debt

Bank of America Backs Out of Private Student Loan Business
19 April 08 02:03 PM | Student Loan Girl | 1 Comments   

On April 17, Bank of America Corp. notified student-loan packager First Marblehead Corp. that it would no longer offer private student loans, focusing instead on providing federal student loans. Bank of America’s announcement comes amid increasing unsteadiness Read More...

Filed under: Bank of America, bankruptcy, Boston Business Journal, Chapter 11, college, college loans, credit crisis, federal loans, federal student loans, FFELP, financial aid, First Marblehead, FMC, NextStudent, private loans, private student loans, revenue, shares, student loan market, student loans, TERI, The Education Resources Institute