No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
This should have went to the BBB, US. Dept of Ed, FTC and Attorney General Office for whatever state this person is in. The Attorney Generals Office acts on behalf of a group of people making the same complaints in regards to any consumer transaction. I would suggest her to contact these other people who were also embezzled, and all go down there and make a complaint to the attorney generals office, they will investigate and subpoena records, and hopefully it will be a class action suit. The only thing is since it was 1997, statuate of limitations might depend on the state she lives in. U.S Dept of ED and Attorney General is the last resort. If they can't assist, then she will have to pay the loan.
With this being so far in the past, I would start with the student loan ombudsman. There are provisions for cancelling student loans if they are taken out fraudulently, and the fact that the school lost their ability to accept financial aid may have an impact as well. The ombudsman should help you get oriented and consder options. It might also be worthwhile to contact an attorney who is knowledgable in student loans.
@jadeite788 wrote:This should have went to the BBB, US. Dept of Ed, FTC and Attorney General Office for whatever state this person is in. The Attorney Generals Office acts on behalf of a group of people making the same complaints in regards to any consumer transaction. I would suggest her to contact these other people who were also embezzled, and all go down there and make a complaint to the attorney generals office, they will investigate and subpoena records, and hopefully it will be a class action suit. The only thing is since it was 1997, statuate of limitations might depend on the state she lives in. U.S Dept of ED and Attorney General is the last resort. If they can't assist, then she will have to pay the loan.
I dont think Fed backed SLs have a SOL. Pretty sure the will follow you FOREVER!!