This article contains content that is written like an advertisement. Please help improve it by removing promotional content and inappropriate external links, and by adding encyclopedic content written from a neutral point of view.(November 2015) (Learn how and when to remove this message)
MyRichUncle was a loan product that was marketed to students by the American company MRU Holdings, Inc. (NASDAQ: UNCL). Incorporated March 2, 2000 in Delaware, MyRichUncle entered the student lending market as an originator and holder of private student loans. By 2007, the company was listed on the Naqdaq composite and expanded into holding Federal Family Education Loan Program (FFELP) loans.
It was one of the first companies to use credit algorithms, combined with traditional credit scoring, to determine the terms a student's loan would carry. These proprietary analytic models and decision tools were positioned as a "human capital investment" approach to underwriting student loans.
In 2007, MyRichUncle ran a New York Times advertising campaign that publicized the practice of financial aid offices having relationships with student loan companies. The New York Attorney General, Andrew M. Cuomo, launched an investigation into deceptive marketing practices in the student loan industry shortly thereafter,[1] the result of which was a marketing code of conduct that eight lenders (Campus Door, EduCap, GMAC Bank, Graduate Loan Associates, Nelnet, NextStudent, Xanthus Financial Services, and MyRichUncle) agreed to follow.
Between May 2005 and September 2008, MRU Holdings, the parent holding company of MyRichUncle, originated over $550 million in student loans and became one of the largest providers of private student loans, behind top lenders such as Sallie Mae, Citibank, and JPMorgan Chase. On February 9, 2009, MRU Holdings filed for Chapter 7 bankruptcy and suspended all its operations.
^Jonathan D. Glater (September 9, 2008). "Marketing Code for Student Lenders". The New York Times. ISSN 0362-4331. Archived from the original on November 26, 2022. Retrieved October 10, 2021.
MyRichUncle was a loan product that was marketed to students by the American company MRU Holdings, Inc. (NASDAQ: UNCL). Incorporated March 2, 2000 in...
Willem (The Show of Uncle Willem). The Dutch poet Ome Ko also used uncle as part of his pseudonym. Rich, wise or otherwise eccentric uncles are also popular...
Benjamin Franklin "Ben" Parker, usually referred to as Uncle Ben, was a supporting character appearing in American comic books published by Marvel Comics...
and a modifying clause. ex: NP[myrichuncle from Detroit] is complex as its noun head my and a modifying clause richuncle from Detroit. The internal structure...
1963, to May 1, 1966, for 107 episodes. The show stars Ray Walston as "Uncle Martin" (the Martian) and Bill Bixby as Tim O'Hara. The first two seasons...
Empty Soul "Two Beds and a Coffee Machine", by Savage Garden "Uncle Jack", by Mötley Crüe "Uncle Salty", by Aerosmith "Universal Child", by Annie Lennox "Wash...
Rich Strike (foaled April 25, 2019) is an American Thoroughbred racehorse that won the 2022 Kentucky Derby, racing at 80:1 odds. Rich Strike is the second-biggest...
Uncle Dysfunktional is the fifth studio album by English rock band Happy Mondays. It was released by Sequel Records on 2 July 2007. After the band reunited...
In 2022, she and Richer ran that year's Maldon mud race for Macmillan Cancer Support, following the deaths from cancer of her uncle Bill and Sean Lock;...
2020),[citation needed] known professionally as Allan Rich, was an American character actor. Rich began his acting career when he was nine years old. He...
07. "Want Some More" (produced with Zaytoven) 02. "Mamacita" (featuring Rich Homie Quan and Young Thug) (produced with DJ Dahi and Travis Scott) 06. "Sky...
Lifestyles of the Rich and Famous Passions Guiding Light Another World As the World Turns Riviera (French soap opera) Prime Time Country All My Children ABC...
Uncle Tupelo was an alternative country music group from Belleville, Illinois, active between 1987 and 1994. Jay Farrar, Jeff Tweedy, and Mike Heidorn...
– Happy Hour: The South River Road Sessions – Uncle Kracker 2010 – Top Ten – Sixpence None the Richer 2009 – For Your Entertainment – Adam Lambert 2009...
they are unexpectedly invited by his Uncle Scrooge to his chalet on the Bear Mountain. The misanthropic rich duck wants to stifle his boredom this Christmas...
Shingletown, California, where they lived on a ranch. While Snyder's uncleRich successfully ran and expanded In-N-Out's business operations, Snyder's...
This is a list of episodes from the American sitcom My Three Sons. The show was broadcast on ABC from 1960 to 1965, and was then switched over to CBS until...
My Name Is Red (Turkish: Benim Adım Kırmızı) is a 1998 Turkish novel by writer Orhan Pamuk translated into English by Erdağ Göknar in 2001. The novel,...
pioneering figure in television, and who helped create The $64,000 Question. Her uncle, Gilbert Cates, produced numerous television specials, often in partnership...
Katherine Rich (née Allison, born 16 December 1967) served as a member of the New Zealand House of Representatives for the National Party from 1999 to...
Global Information