Author: SLR Editor

U.S. Lawmakers from New York Hold Discussion on Phone Scams

U.S. Senator Kirsten Gillibrand (D-NY), seen here speaking to voters, is pushing for stronger laws related to phone scams.U.S. Senator Kirsten Gillibrand (D-NY) and U.S. Representative Paul Tonko (D-NY) held a roundtable discussion on Sunday, August 27th, to discuss phone scams and the newly proposed legislation to help combat the issue.According to The Daily Gazette, Gillibrand and Tonko, two legislators representing New York in Washington D.C., sat down with a few dozen senior citizens in Saratoga Springs, NY to discuss financial scams targeting certain people. Gillibrand used the opportunity to promote her new legislative piece that would standardize a...

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Maxine Waters Calls for Public Hearing on SoFi’s Bank Charter Application

Congresswoman Maxine Waters (D-CA) has urged the FDIC to hold a public hearing regarding SoFi's bank charter application. On August 25th, Congresswoman Maxine Waters (D-CA) penned a letter to the Federal Deposit Insurance Corporation (FDIC) in which she urged the corporation to hold at least one public hearing regarding SoFi’s application for a bank charter.In June, Social Finance, Inc. formally applied to establish an Industry Loan Company (ILC) with the FDIC. If approved, the banking charter would help SoFi establish a presence in the banking industry by enabling the fin-tech company to offer customers an FDIC-insured NOW account, in addition...

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Charlotte School of Law Closes Its Doors

Pictured above is the city of Charlotte, North Carolina. The Charlotte School of Law has officially shut down. The Charlotte School of Law can now be referred to as the “defunct Charlotte School of Law,” after the school published an August 24th letter that stated they will officially be shutting down.On August 11th, the Charlotte School of Law was informed that their license to offer programs of study in North Carolina had expired after state regulators rejected a request for a license extension.Not soon after, the law school officially announced that they would be closing their doors. Although the official...

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IRS Data Retrieval Tool Set to Return On October 1st

The IRS Data Retrieval Tool, which made it easier to transfer tax return info to the FAFSA, is set to return on October 1st.Much to the smiles of student loan borrowers across the United States, the IRS Data Retrieval Tool is set to return to the Free Application for Federal Student Aid (FAFSA) on October 1st.The IRS had shut down the Data Retrieval Tool back in March after learning that the tool was being used by hackers and criminals to access the sensitive personal and financial information of student loan borrowers in the U.S.The return date of October 1st...

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Gradifi Has 18 More Companies Sign On For Student Loan Repayment Benefit

Employees at over 130 organizations can now receive student loan repayment benefits through Gradifi.Gradifi, one of the leading companies that offers student loan benefit programs to employers, announced that 18 additional companies are now offering Gradifi’s Student Loan Paydown Plan (SLP Plan).The 18 new companies that have signed on with Gradifi have begun offering the SLP Plan benefit to their employees. The companies began their partnership with Gradifi back in early June.The list of new Gradifi clients includes companies such as Alternatives ABA, Inc., Blach Construction, Bellco Credit Union, and ReadCoor Inc. In addition to the other 14 companies,...

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