Loan application

Here’s what happens when you lie on your student loan application

Every student preparing for college is struck by the reality of the high cost of higher education. It might be tempting to lie about the Fafsa. However, lying about Fafsa can have serious consequences. You could face criminal charges of fraud and, most of the time, you will have to repay any financial assistance you […]

Loan application

Where you went to college can affect your loan application

WASHINGTON—Should borrowers be denied new loans because they haven’t finished school? This kind of question irks policymakers as they seek to encourage lenders to use new types of data and computer models to allow more borrowers to qualify for loans and at lower prices. These efforts aim to address growing criticism of an existing credit […]