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Money loan for students

Written by nn on 7:55 AM

The students and parents to find ways to pay for college, one point more on their list of things to worry about work for the WHO.

Although it is difficult to estimate the number of victims because many people in the context of any fraud, a college, ready to appear in the WHO level as a college is more expensive. The Better Business Bureau received 782 complaints against the stock market, loans, grants and service companies in 2006, an increase of 61 percent compared to 2005. The companies, some of which often change their names and locations-range of seminars, free allocation of money and other seductions for a fee. Once the money changes hands, they disappear fast.
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Last year, Michelle Black struggled to his daughter, Korrina Sanchez, you receive an envelope in the college with the financial support she received a postcard with the invitation to a seminar on the way to navigate the college. She has happily accepted and was impressed by the presentation. Black, a real estate analyst in Missouri City, Texas, in advance paid $ 100 and has committed $ 100 eight months payments in exchange for the promise of future help.

A week later, when Black tried to identify the company, Money Matters College, the number has been disconnected. She stressed the eyes on the website to read and it was under construction. "It started without red flag," she says. The company had $ 100.

Jane Driggs, president of the Better Business Bureau in Utah, the College was founded in money matters, agreed to work of the WHO are very common. "More and more people need financial assistance, and [the], to the fact that people are prepared to do everything to ensure this money," she says.

Seminars, hosted by consultants or companies can offer useful tips and are often legitimate. But some characters-including requests for payment was originally consumers should also consider once before the transfer of money, "Driggs said. Explains the people should be asking:" If I do not do today, the company is still in me tomorrow? "An enterprise is legitimate, you can take your time and decide more later, she adds.

The Better Business Bureau has also heard complaints from students, which checks in the mail, referred to as "free allocation of money." The recipients are said to the check and then submit with money to cover the cost of treatment. The general control proves to be wrong. A University of Wisconsin student lost $ 500 after his victim fell to such a fraud.

The most legitimate forms of grant money directly to the universities, not the students or the parents, said James Boyle, chairman of the College of parents of America, a group that the parents of current and future students of Kollegialregierung. Make sure that everything with the post should be treated with great scepticism, "he says.

For some parents, who often confusion overwhelmed by the high cost and financing of higher education, services, which promise to help attack. "I thought it would be a good idea, because I am very busy, when I in a position to hook [my nephew] with an organization that makes it possible during their training," said Abul Kashem, a doctor in Brooklyn, NY He Seminar has visited a secondary school money issues, were impressed by the speech and video presentations, and paid $ 850 to the promise of future support.

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