The Institute of Student Loan Advisors Corporation (TISLA) was founded to ensure that all student loan borrowers have access to free, neutral and clear student loan advice and dispute resolution assistance. We are a 501(c)(3) non-profit who believes that these borrowers have a right to a trusted resource with industry experience to mentor, educate and advocate for them. Student loan borrowers have a right to such a resource without being charged a fee, barraged with advertisements or forced to provide personal information that may later be sold.
Our goal is to help you help yourself. We are not here to manage your student loans for you, but to give you expert advice and help you to manage them successfully. We will offer fair, neutral advice that outlines what you are eligible for that is in line with current regulation and statute.
What We Can Do For You
What We Cannot Do For you
- Offer expert advice on your student loans
- Help you decide which repayment plan make the most sense for you
- Determine if you are eligible for loan forgiveness or discharge
- Offer guidance in any dispute you may have regarding your student loans
- Guide you through completing required forms and applications
- Help you get out of a default or delinquency status
- Offer legal advice
- Offer opinions on a particular company or servicer
- Fill out or submit your forms for you
- Pay your loans
- Change the law or regulations
- Manage your loan accounts for you
From James D. August 1, 2018
“I am very happy that I found freestudentloanadvice.org. I was very frustrated with trying to solve my student loan issues on my own and Betsy was such a great help with advice and follow up. Thank you so much!”
How We Are Funded
At the core of TISLA’s values is the promise of free, neutral and transparent student loan advice. For that reason, we do not accept advertising funds from any businesses nor fees from consumers. TISLA is funded through grants, donations and our fee for service products we offer to employers, schools and associations with constituencies concerned with student debt.
Such donations and partnerships will be listed on this page to ensure continued transparency. If you are interested in helping to fund TISLA, a 501(c)(3) non-profit organization, please contact betsy “at” freestudentloanadvice.org or donate through donorbox online.
TISLA 2018 Annual Report
TISLA offers several affordable and customizable packages to suit your constituencies needs for expert student loan repayment education and assistance. These offerings are suitable for employers looking to attract and retain valuable employees or schools who wish to provide student loan assistance to their alumni, students and employees. Our services can also be a way for associations to provide additional value to their members. Please contact betsy “at” freestudentloanadvice.org for more information on partnering with TISLA.
TISLA is currently completing its board roster. If you, or someone you know, has a passion for the issue of student debt, can contribute their business, non-profit or other expertise and influence, and would like to consider serving, please contact betsy “at” freestudentloanadvice.org
To make certain that all student loan borrowers have access to free, neutral and accurate resources and mentoring to ensure they can successfully manage their student loan debt.
- To be of service to others
Bankruptcy Exemption Limits (what you can keep) Amounts Going Up
Clear proof of Lily Tomlin's saying that
"No matter how cynical you get, you can't keep up."
Attorneys for Wall Street and bottom on the barrel debt collectors alike are trying to get out of having to follow federal law that protects consumers by limiting the kinds of tactics that collectors can use.
Right now, the Fair Debt Collection Practices Act covers debt collecting attorneys the same as all other debt collectors. Lawyers for the collectors are trying to give themselves an immunity shield so that they can go back to using these abusive tactics without fear of being held to account by consumers.
If anything, by virtue of being attorneys, attorneys who collect debts should be held to a HIGHER standard, not allowed to break the law with impunity.
Let your congressional representatives know that you
OPPOSE ANY EFFORT TO EXEMPT ATTORNEYS FROM THE FDCPA.
Here's the text of an alert on the subject from the National Consumer Law Center. The complete text with end notes is at the end (click on it below to download file).
A bill pending in the U.S. House of Representatives, H.R. 5082, Practice of Law Technical Clarification Act of 2018 (Mooney-Gonzalez) (amending the previously filed H.R. 4550), would exempt attorneys and law firms engaged in litigation from the Fair Debt Collection Practices Act (FDCPA) and eliminate Consumer Financial Protection Bureau (CFPB) authority over them.
I am not a bankruptcy attorney, but I have helped many clients understand when they should look into bankruptcy and when there is no need for a bankruptcy filing because the clients have no assets that creditors can reach. If you are concerned that you are drowning in debt and don't know a good bankruptcy attorney to consult, you can make an appointment with my assistant and discuss your situation; I will be happy to refer you to good consumer bankruptcy attorneys if we decide that bankruptcy is appropriate for your situation.
Below is another article in the terrific series by the National Consumer Law Center on this important subject.
Deciding Whether to File for Bankruptcy: Consumer Debt Advice from NCLC
US Ed Department wants to protect Trump U. Type Scam Schools instead of Ripped-Off Student Loan Borrowers
HOW YOU CAN COMMENT:
Three inspiring reminders in three minutes: Sometimes justice prevails, forced arbitration is a system for letting fraudsters hide their crimes, and class actions offer real benefits to people like you and your neighbors
From Paul Bland of Public Justice:
This is another in a series of articles published by the National Consumer Law Center (NCLC).
If you are an Oregonian and you are being pursued for old criminal justice debts
This is one of the most frequent and difficult problems I run into - calls from people who are shocked to see their paycheck reduced by a wage garnishment or who are suddenly bouncing checks and getting hit with overdraft fees for debits and failed payment fees because their bank accounts were garnished ...
This problem is why you should NEVER ignore a demand letter or a lawsuit -- the problem you cause yourself when you do is always exponentially larger and more expensive to solve than the one you started with.
People having trouble paying their mortgage or who maybe need to get mortgage loan modifications should see a HUD- certified housing counselor first!
While these folks are not lawyers, helping people hang onto their homes if they can is their job, so they are familiar with the programs for loan modification and their requirements.
And, because they are government-funded, they do not charge clients for their services. Click here to find one near where you live:
John Gear is a Salem attorney in solo practice