Dept. Of Education Offers Online Service For Students Stranded By ITT Shutdown

Dept. Of Education Offers Online Service For Students Stranded By ITT Shutdown

Thousands of students affected by the abrupt shutdown of all 130 ITT Tech campuses received a lifeline of sorts from the government this week, as it unveiled additional resources to help displaced students understand their new reality and to continue their education or receive federal loan discharges. [More]

Loan Discharges, Transferring Credits: What ITT Tech Students Need To Know

Loan Discharges, Transferring Credits: What ITT Tech Students Need To Know

Nearly 40,000 now-former ITT Technical Institute students are now left picking up the pieces after the for-profit college operator abruptly closed all 130 of its campuses this week. The Department of Education wants to help those students to be aware of all options — and to avoid getting pulled in by shady offers that are too good to be true.
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21 Banks And Credit Unions That Accept Remote Check
Deposits

21 Banks And Credit Unions That Accept Remote Check Deposits

Why trek to local bank to deposit a check when you can slap it on a scanner or use your smartphone’s camera to upload it directly to your bank? Even though it still scares most of the bigger banks, remote deposit checking represents the future of consumer banking. Inside, a list of twenty-one credit unions and banks that are ready to save you a trip to the bank and the hassle of deposit slips.

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Need Affordable Housing? What About A Mobile Home?

Need Affordable Housing? What About A Mobile Home?

Mobile homes have a less-than-stellar reputation, deservedly or not. I know my own mom always warned me against them by saying they were just tornado bait, which was enough to make me leery of even stepping foot inside a friend’s mobile home growing up. But if you’re not irrationally afraid of tornadoes, a mobile home might be a great housing option if you’re on a tight budget or looking to save money, writes Michigan Telephone.

New York Times: Walking Away From Your Mortgage, Not So Bad After All

New York Times: Walking Away From Your Mortgage, Not So Bad After All

Great news, distressed homeowners! If you aren’t eligible for the President’s homeowner assistance package and can’t negotiate a better deal on your mortgage, the New York Times says that turning in the keys and leaving your home may not be the end of your financial world. The Times mapped out a guide for dealing with the various players controlling your mortgage…

Would You Scan Checks At Home For Deposit?

Would You Scan Checks At Home For Deposit?

Banks have hesitated to adopt technology that would let us scan paper checks at home for deposit. The Check Clearing for the 21st Century Act allows banks to exchange electronic images instead of paper checks, but USAA, a credit union associated with the military, is currently the only bank to offer customers a check scanning option. Sure, it’s easy enough to stand on line for a teller or wait for an ATM, but we fear sunshine and people and prefer to stay indoors, thank you. Assuming it was free, is this something you would use if it was offered by your bank? Vote in our poll, after the jump.

Charles Schwab's Bad Computer Costs Customer $17,500

Has someone’s temerity ever cost you? How much? How about $17,500? Jeffrey writes: