This fall, as many students have headed back to college, parents are thinking about how to pay for their kids’ education. Parent loans are one way to do it, but, as with any decision to incur debt, it’s important to get the correct information about the loan before signing on the dotted line. Failure to do so can have devastating consequences, as shown by the NBC News article below.
As always, contact Powell Law Offices, P.C. with any questions about your credit or debt. Powell Law Offices, P.C. also offers small business and short sale representation services, with free consultations.