LVC shenanigans revisted

Wow. It turns out that the NextStudent claims regarding LVC processing for consolidation loans turns out to be pretty widespread. We’re hearing a lot of horror stories from borrowers who are caught in the middle of the banks and lenders who are using questionable LVC processing techniques in an attempt to protect their portfolios. If you get wind of your student loan consolidation application is caught in this situation, don’t hesitate to contact the Department of Education to complain. If the DoE is anything, they are without a doubt an advocate for the student or FFELP loan borrower.