[Credit Card Web: Plastic Jungle, Plastic Web, High Rewards, Information Loan Companies, Student College Loans, Education Loan Programs, Is Online Education, Online Teaching For YOu and Your University? ]
MYRichUncle Student Loans: A New Revolution That Threatens University and College Financial Aid Directors' Comfort Zone and Pockets
MyRichUncle.com is not making things easier for lenders and student financial aid administrators. They are not happy and are not sure about what to do with this thorn in their back side. With a series of eye-catching ads in the New York Times and USA Today and a strategy of undercutting other lenders, MyRichUncle's goal is to go directly to the consumers or students. The refurbished company has its influential advocates and detractors. By its aggressive marketing and advertising campaigns, MyRichUncle has alienated many financial aid officials and lenders.
Many detractors and foes tend to believe that MyRichUncle's marketing materials tend to imply that banks and other providers of student loans have offered kickbacks or incentives to get on colleges' lists of "preferred lenders" and that finanicial aid offices do not have students' best interests at heart.
While reading last Sunday's New York Times, I came across MyRichUncle's latest ad, "They're supposed to help you choose the best lenders. But in reality, they may steer you towards lenders that benefit them. Not you. Unless you check for yourself, how do You know you're getting the best loan?" Ads such as this one infuriates some members of the National Association of Student Financial Aid Administrators who believe that their members have been honest. Maybe not too honest up to this point. There is no doubt that the company's philosophy has angered many financial aid officers. It seems the campaigns are working for MRU. The company has no plans to back down. It wants to continue to tell the truth to students and parents.
The company's advertisements suggest that lenders provide a lot of benefits and inducements which include revenue sharing, expense paid trips and other gifts to financial aid officers in exchange for a place on their institutions' lists of preferred lenders. Yet, federal laow explicitly prohibits any "illegal inducements" in the federal loan programs. Cash and other gifts are not well regarded in the alternative loan market.
Other Sponsored Links: GotBlog Shopnowshopping Shopblog
[Visit GotBlog allSportConsidered, ParisHilton gotBlog: Celebrity News & Celebrity Photos, gotBlog ParisHilton #1: Like Monroe, Like Hilton Celebs, FertilityGoldspot Reproductive Clinics & Infertility Treatment Centers, Shopnowshopping Shopbop's Best Fashion & Hidden Trends, Upscale Standard Style Clothes Shopping, TechgadgetCrunch: Digital Cameras & High Tech Fashion Shopping, High Tech, Low Tech: SiliconValleyTechBusinesses Links, Mariposa Sierra Foothills Real Estate & Properties, Nevada, Las Vegas Real Estate, Residential and Commercial Homes, Open House Leads & Real Estate Data Blog, The Latest, Most Recent and Hottest Fashion, Prom & Quincenera News, Podshoppingblog's Car Reviews & Limo Services, Podshoppingblog's PromQuincenera, Sweetsixteen, Hot Car & Quince Accessories Reviews ]
Soccer Jersey Fever, World Cup Fashion
[Success of Southwest Airlines: Importance of Customer Service or CRM and Leadership]
[Find other articles on Customer Relations, Leadership, Competition]
FertilityGoldSpot's Navigation Links
[Coast to Coast Fertility Clinics & Specialists List][FertilityEd: Get Fertility Education from FertilityGold][Botanica Luscious Skin Care Products] [FertilityGoldRush: All the Ways Couples Can Make a Baby] [Go to ExtendFertility GoldSpot][Sex Selections & Disabilities Issues] [No.1 List of Reproductive Specialists, coast2coast Treatment Clinics & Reproductive Centers] [Go to Coast to Coast Fertility Clinics and Centers] [Medical Tourists from the USA, Europe & Africa in India] [Stem Cell Research Funding Debate] [PhotoVideoDaily: Prom Fashion, Summer Fashion Photos & Videos]
[Visit GotBlog allSportConsidered, ParisHilton gotBlog: Celebrity News & Celebrity Photos, gotBlog ParisHilton #1: Like Monroe, Like Hilton Celebs, FertilityGoldspot Reproductive Clinics & Infertility Treatment Centers, Shopnowshopping Shopbop's Best Fashion & Hidden Trends, Upscale Standard Style Clothes Shopping, TechgadgetCrunch: Digital Cameras & High Tech Fashion Shopping, High Tech, Low Tech: SiliconValleyTechBusinesses Links, Mariposa Sierra Foothills Real Estate & Properties, Nevada, Las Vegas Real Estate, Residential and Commercial Homes, Open House Leads & Real Estate Data Blog, The Latest, Most Recent and Hottest Fashion, Prom & Quincenera News, Podshoppingblog's Car Reviews & Limo Services, Podshoppingblog's PromQuincenera, Sweetsixteen, Hot Car & Quince Accessories Reviews ]