Quiet whispers ... The largest single owner of CCI stock (COCO) is Wells Fargo.
Word is they are looking into offering student loans.
Is there something the rest of us don't know?
2 replies (most recent on top)
Wells Fargo is also one of the companies that support Genesis Loans, the private loan company that has 14%+ interest rates.
Unless Congress changes the regulations, as of July 1, 2010 private lenders are not authorized to make new federal education loans. Wells Fargo was one of the many private lenders before July 2010.