Servicemembers, take these immediate actions to secure your financial freedom
Check your mailbox: Veterans with severe disabilities and student loans should keep an eye out for this
The Department of Education is sending letters to veterans with severe disabilities notifying them that they may be eligible for a tax-free discharge of their outstanding student loans. Here’s what to look for if you’re eligible.
Borrowers whose student loans are forgiven due to death or disability will no longer have to pay federal income taxes on those forgiven loans. Now, tens of thousands of disabled veterans and hundreds of thousands of people living with severe disabilities are eligible for new student loan protections.
Seventy percent of new recruits pay $1,200 for GI Bill benefits they likely will not be using. Investing that money in DOD’s new Blended Retirement System (BRS) is probably a better investment.
If you have a VA home loan, then there is a good chance that you have already come into contact with offers to refinance your mortgage that appear official and may sound too good to be true. Here is what you need to know.
Servicemembers should secure their identities.
Many college students receive scholarships, grants, and student loans to help them pay rent, get to and from school, and cover other costs, like textbooks. We issued this consumer advisory to help students better understand their options when it comes to managing their scholarships and student loans. Learn more about accessing your funds.
Today, we’re launching an initiative on student cards and bank accounts and we want your input. We’ve published a Notice and Request for Information Regarding Financial Products Marketed to Students Enrolled in Institutions of Higher Education in the Federal Register. The title might sound a little formal, but the reality is simple: we want to hear from you.
The Consumer Financial Protection Bureau is issuing a consumer advisory today to all students expecting to receive scholarship and student loan proceeds onto – what appears to be – a school-endorsed debit card. We are also asking consumers to tell us about their experiences getting their financial aid funds. Yesterday, the Federal Deposit Insurance Corporation, […]