http://homemortgageloansonline.us Get more information on Home Mortgage Loans Online. Sun, 19 Jun 2011 21:06:14 +0000 en hourly 1 http://wordpress.org/?v=3.1 http://homemortgageloansonline.us/what-can-be-done-about-predatory-lending-practices-in-the-student-loan-industry/ http://homemortgageloansonline.us/what-can-be-done-about-predatory-lending-practices-in-the-student-loan-industry/#comments Mon, 03 Aug 2009 12:59:16 +0000 Home Loans http://homemortgageloansonline.us/2009/08/home-mortgage-loans/what-can-be-done-about-predatory-lending-practices-in-the-student-loan-industry/ More and more students are graduating with loads of debt from “private lenders” (ex. Sallie Mae, Wells Fargo, Xpress Loans) who make loan terms unclear, and repayment plans ambiguous. These loans can rarely be consolidated, have high interest rates, are non-dischargable in bankruptcy, and have very high payments. Congress is realizing that something must be done to alleiviate the burden on the students that fell victim to these lending practices by the banks. What remedies do you think should be allotted these students? How do we fix problems within private lending so students can pay their loans while still maintaining a decent quality of life?

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