Student loan companies in settlement talks (The Times and Democrat)
NEW YORK - The attorney general of New York is negotiating settlements with eight student loan companies to reform deceptive practices in the industry. A particular focus is the marketing of products so they appear to be federal loans, an official said Friday.
New York Plans to Sue Student Loan Company (New York Times)
The attorney general of New York is preparing a lawsuit against a student loan company, Goal Financial , charging that the lender broke state and federal laws by luring borrowers with iPods, cash and other gifts and that it misled consumers about loan terms and benefits, The New York Times’s Jonathan D. Glater reported, citing a senior official in the office.
Eight student loan companies in settlement talks with Cuomo (Rochester Democrat and Chronicle)
Attorney General Andrew Cuomo is going to be in East Rochester on Monday to talk about his office's efforts to reform deceptive student loan practices.
Letters: A Loan Quandary (New York Times)
Letter about the article ?That Student Loan, So Hard to Shake,? published on Aug. 23.
New York to sue student loan company: report (Reuters via Yahoo! News)
New York's state attorney general is planning to sue the student loan company, Goal Financial, accusing it of engaging in illegal practices to lure customers, the New York Times reported on Thursday.
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