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Why do I keep getting calls about student loans?

Why do I keep getting calls about student loans?

Many borrowers receive a call from an unknown number with a promise to help them repay their student loans. You only need to provide some personal information and pay an upfront fee. Many debt relief companies charge a fee when providing services that you can do yourself for free by contacting your loan servicer.

How do I check the status of my SBA loan online?

Simply log into the SBA Economic Injury Disaster Loan Portal using the email address or username and password with which you registered when completing your online application. Once you’ve logged in, you’ll be able to check the status of your loan.

How long does it take to get a California Finance Lenders License?

This individual license requires 20 hours of pre-licensing NMLS approved education, of which, 2 hours must be California specific. Individuals must also take and pass the national component NMLS exam.

How do I know if a loan company is legitimate?

How to spot a legitimate loan company

  1. Check for contact information. A lender’s phone number, email address and physical address should be readily available on the website, even if it’s an online-only lender.
  2. Investigate online reviews.
  3. Look at the Better Business Bureau.
  4. Make sure it’s registered.

How much does a finance broker earn?

According to ABS stats, the average mortgage broker brings in $2,009.10 a week. That’s a fair bit more than the national average full-time income of $1,288.70 a week. Some mortgage brokers, such as senior practitioners and practice owners, make even more than this.

Do Hard Money Lenders need to be licensed California?

In California, hard money lenders must obtain a license, through either the state or the National Mortgage Licensing System (NMLS). Lenders who work in commercial real estate may need to obtain a license from the California Department of Business Oversight, under the California Finance Lenders Law.