Fargo Wells Financial | Federal Student Loans

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What Loan company will take over my federal student loans when the loans are in forbearance so I can go back to school?  Is this something that Wells Fargo can help with in their financial departments.

My loans are government loans from Saillie Mae. I owe them under $5000.
I heard about this company that will take over your school loans from them but I don’t know the name of the company. Not Sure whether this is Fargo Wells Financial though?

No one will “take over” your loans. You will still owe the money to your lender when you are in forbearance. They will simply add interest every month while you are making payments.

If you are asking about defaulting the lender will just contract out with a collection agency to start calling and hounding you to mail them payments. If you make 6 to 12 months worth of willing and reasonable payments you can ask your lender to “rehabilitate” your loan. This is when you are issued a new loan and pay off the one in default so you can get federal fin aid again. Again, rehabilitation can only be done after you have made 6 to 12 months of payments.

Posted in: Credit Cards, Financial, Loans Comments(1) November 2008

How to hack RFID-enabled Credit Cards for $8 (BBtv)

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A number of credit card companies now issue credit cards with embedded RFIDs (radio frequency ID tags), with promises of enhanced security and speedy transactions.

But on today’s episode of Boing Boing tv, hacker and inventor Pablos Holman shows Xeni how you can use about $8 worth of gear bought on eBay to read personal data from those credit cards — cardholder name, credit card number, and whatever else your bank embeds in this manner.

Fears over data leaks from RFID-enabled cards aren’t new, and some argue they’re overblown — but this demo shows just how cheap and easy the “sniffing” can be.

This episode is part of our ongoing series of interviews with some of the thinkers, hackers, and tinkerers at the O’Reilly Emerging Technology conference this year.

For more episodes of Boing Boing tv, visit tv.boingboing.net.

Duration : 0:3:23

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Posted in: Credit Cards Comments(25) November 2008

1. Corrupt Banking System – Cartels Robbing the Public

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This highly informative and easy to understand film covers just about everything that isn’t taught in school regarding the corrupt banking system. It explains how these institutions get away with robbing the unsuspecting public by creating monetary policies designed to enslave society, while keeping the system in a perpetual state of rising debt.
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1. Corrupt Banking System – Cartels Robbing the Public

http://www.youtube.com/watch?v=cy-fD78zyvI

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2. Corrupt Banking System – How “Money” is Created

http://www.youtube.com/watch?v=hfXavRTM4Fg

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3. Corrupt Banking System – Money is Debt

http://www.youtube.com/watch?v=_yvRZoM-2r8

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4. Corrupt Banking System – Monetary Reform

http://www.youtube.com/watch?v=f0p8LepIuVM

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5. Corrupt Banking System – Warning About the NWO

http://www.youtube.com/watch?v=PzXZ_Hs1g6U

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Additional keywords (tags):
tyrranyofsouls tyrannyofsouls

Duration : 0:10:56

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Posted in: Banking Comments(25) November 2008

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