Please be careful. They buy student loans in default at a discount, then charge a 5% loan origination fee to the borrower and use your money to refinance a student loan to someone who already defaulted on it....There is no collateral that you can go against and nothing protect our money should you invest with them. I hope you guys are smarter than the regular Joe and have not given them a dime.
That outfit Fox advertises heavily YREFI
Collapse