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New York Times | An Alternative to Payday Loans, but It's Still High Cost New York Times U.S. Bank, one of the country's biggest banks, has again begun offering customers small, high-cost loans, saying the loans now have safeguards to help keep borrowers from getting in over their heads. The loans, between $100 and $1,000, are meant to ... |
89.3 KPCC | Data Shows 99% Of Applicants For A Student Loan Forgiveness Program Were Denied NPR The government made a simple promise to student loan borrowers - work in public service for 10 years, make valid loan payments for 10 years, and the Education Department would forgive the leftover balance on the loan. The program is called Public ... New Findings On Loan Forgiveness; Puerto Rico Schools After Maria; DeVos Calls For Free-Speech Remarks by Secretary DeVos to the National Constitution Center's Annual Constitution Day Celebration Today, Federal Student Aid released two new reports that provide snapshots of the ... - IFAP - Electronic Announcements |
CNBC | Just 96 of 30000 people who applied for public service loan forgiveness actually got it CNBC Earlier this month, CNBC tracked down one of the first people to qualify for student debt cancellation under the public service loan forgiveness program, which allows certain not-for-profit and government employees to have their federal student loans ... You're Probably Not Getting that Loan Forgiveness You're Counting On People who worked 10 years for student loan forgiveness get shafted Public Service Loan Forgiveness Program Accepts Few Applicants |
CNBC | Despite the economic recovery, student debtors' 'monster in the closet' has only worsened CNBC "The huge monster in the closet for me are these student loans that keep getting bigger and bigger," said Strong, 36. When they graduated, they were faced with monthly bills of around $800 each and have since struggled to keep up. "It's so stressful to ... |
USA TODAY | Here's how one consumer desperate for a loan got slammed by a fake check scam USA TODAY Her bank account had but $100 or $200. She only had seasonal part-time work in a school cafeteria. So she searched online for loans made to people in tough spots. And she was rejected each time. “I have real bad credit, so the payday loans are hard to ... |
Forbes | Very Few Borrowers Qualify For Public Service Loan Forgiveness Forbes According to data released by the U.S. Department of Education, only 96 borrowers have qualified for public service loan forgiveness as of June 30, 2018. Only 1% of applications for loan forgiveness have been approved. A total of 28,081 unduplicated ... This government loan forgiveness program has rejected 99% of borrowers so far |
CNBC | This type of loan doesn't help your credit score, even if you stay on top of it CNBC Paying down a loan on time is a good way to build a positive credit history and improve your credit score. But those using a payday loan shouldn't expect any good marks in their credit file if they pay on time. Also called cash advances, payday loans ... |
Bloomberg | Leveraged Loans Are Flying Off the Shelves Bloomberg Money managers, eager for assets whose yields rise as the Federal Reserve hikes rates, snatched up some of the year's biggest leveraged loan offerings this week. Some caution that investors may be buying at the wrong time. Usually after the Fed ... |
Barron's | Loan Growth Is Newest Challenge for Banks Barron's Banks have underperformed this year, returning about 5%—compared with 11.4% for the S&P 500. That's somewhat counterintuitive. Overall, bank loan books remain pretty healthy, higher interest rates have helped boost net-interest income, dividends and ... |
Forbes | How To Quit Your Student Loan Servicer Forbes So, you've been paying your student loans and don't like your student loan servicer. Welcome to the club. There's good news on the horizon. You don't have to stay stuck with a bad student loan servicer. Here's what you need to know. What Is A Student ... |
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