The College Investor Audio Show

Latest Episodes:

Problems With Aspire Loan Servicing Nov 30, 2017

Show notes

Aspire Student Loan Servicing is a federal and private student loan servicer.

They may be your loan servicer or maybe they used to be your loan servicer. They currently service private student loans and some FFEL loans.

Despite what they describe as high customer satisfaction ratings as reported from their Department of Education evaluation, they could not accumulate enough accounts to warrant the cost of operating, per their 2015 statement on the matter, and ceased their Direct Loan servicing.

The Department of Education confirmed in a statement that Aspire initiated the end of the contract to service these loans. All Direct Loan accounts with Aspire were transferred to MOHELA. However, Aspire is still servicing other kinds of loans.

Ibotta App Review Get Rebates For Your Normal Shopping Nov 28, 2017

Show notes

Ibotta is an app that allows you to earn rebates for your shopping.

Wouldn’t it be great if you could earn cash back on everyday necessary items without having to clip coupons?

One of easiest way to make money on everyday purchases is to use Ibotta, a free app that makes it easy to save money. Grocery store rebates are some of the easiest ways to earn cash back with this program, and it just takes a few seconds.

Did you know that Ibotta is not just for grocery stores? You can also use Ibotta at pharmacies, clothing stores, restaurants, and convenience stores, home improvement stores. Ibotta even works when you’re shopping online.

People are skeptical when it comes to coupons and apps in general, so we’ve given you our honest thoughts about Ibotta, with the pros, cons, and everything in between.

Amazon Prime vs Netflix Nov 27, 2017

Show notes

How to compare Amazon Prime vs Netflix for college students.

Lenda Online Mortgage Lending Review Nov 24, 2017

Show notes

How to compare Lenda online mortgage lending.

Hulu vs Netflix vs Amazon Prime Video Nov 22, 2017

Show notes

How to compare Hulu vs. Netflix vs. Amazon Prime Video for college students.

The Three Best Rewards Credit Cards For College Students Nov 21, 2017

Show notes

If you’re looking for a new rewards credit card, there are countless options to choose from. As a result, it can be tough to figure out which card is best for you.

While there’s no single credit card out there that’s objectively better than the rest, there are some important features to look for in a card that can help you compare different offers.

And depending on the type of card you’re looking for, our list of the top 10 best rewards credit cards may help you narrow down your selection.

The Ultimate Lyft vs Uber Comparison (For Riders And Drivers) Nov 20, 2017

Show notes

The taxi industry has suffered a huge loss by the increased popularity of rideshare apps, notably Lyft and Uber. I personally have been using these apps almost daily for about a year, and I love them. However, I'm shocked by how many people are still on the fence by these apps.

For riders, it can be strange to get "in someone else's car" the first time, but once you realize the convenience, you'll be hooked.

For drivers, it can be a great source of extra income that you can do on your own terms.

We have done an in-depth comparison for Uber and Lyft for Drivers and Riders.

Whether you’re a rider looking for a quick way to get downtown, or a driver looking to make extra cash for the holidays, we have all the information you need to help you make the right choice.

How These Folks Are Earning On The Side To Buy Holiday Gifts Nov 15, 2017

Show notes

A brief summary of this episode

What To Do If Your Student Loan Lender Messes Up Your Credit Report Nov 15, 2017

Show notes

Student loan errors on your credit report can happen - from missing loans, closed loans, incorrect late payments, inaccurate defaults, and more.

Imagine this situation: You get a letter from Nelnet confirming that your student loans are paid in full. Then two years later, you attempt to go back to school and get a student loan, only to find out you're denied because the National Student Loan Database says you're default on said loan. Through multiple glitches, Nelnet sent your loan to collections instead of marking your loan as paid in full on your credit report.

Or image in this situation shared to me by student loan lawyer Adam Minsky: I had a client who tried to consolidate his loans through the Direct consolidation program though a servicer (Servicer 1). The loans were held by Servicer 2. In the middle of the consolidation process, Servicer 2 transferred the loans to Servicer 3. Servicer 1 sent the consolidation payment to Servicer 2; Servicer 2 didn't return the payment or forward it to Servicer 3. This resulted in a duplication of the loan balance - Servicer 1 demanded payments on the newly issued consolidation loan, while Servicer 3 demanded payments on the underlying loans that were yet to be repaid. The Federal loan servicers all blamed each other and refused to communicate or rectify the situation

Now, while both of these are more extreme errors, glitches do happen. You have to realize that they loan servicing companies employ tens of thousands of people, and process millions of payments and requests each year. Even working at 99.99% correct, errors will still happen to thousands of borrowers each year (sadly)...

What can you do if your student loan lender messes up your credit report or your loans? Here's the steps you can take.

The Best Travel Cards For College Students Nov 15, 2017

Show notes

While you’re in college you have a lot of things going on and you’re on a tight budget. Ramen noodles are on the menu every day and the occasional latte seems like a huge treat.

On top of that, you have to worry about how to afford travel to visit family during school breaks and is a spring break trip even a possibility?

With money being so tight while you’re in school, you can’t even think about travel! Or can you?? Of course you can! With some smart spending and the right credit cards you can travel for free, or pennies on the dollar!