MarketWatch

41000 former for-profit college students could be eligible for student loan forgiveness
MarketWatch
Tens of thousands of students who attended Corinthian Colleges, a now-defunct for-profit college chain, could be eligible for student loan relief. The Consumer Financial Protection Bureau as well as several states attorneys general announced a proposed ...
Corinthian Colleges Students Set to Get $183 Million Break on Bad LoansMoney Magazine
Corinthian College students get loan forgivenessRochester Business Journal
Ex-Corinthian students in Illinois could be eligible for part of $11.6M settlementChicago Tribune
Minneapolis Star Tribune -USA TODAY -Consumerist
all 36 news articles »


TechCrunch

Original Tech helps banks offer better loan applications | TechCrunch
TechCrunch
Americans apply for more than 250 million new financial products each year, but the majority of those applications are completed on paper or over the phone. A..

and more »


Santa Clarita Valley Signal

Real Estate Talk: Lenders easing loan standards
Santa Clarita Valley Signal
Homebuyers and Realtors may get what they've long endorsed — eased credit standards on home loans. In fact, the share of lenders who report having relaxed mortgage credit rules has ticked up gradually since the fourth quarter of 2016. That's according ...



The Nation.

The Latest Predatory Banking Practice You Haven't Heard About: Auto Loans
The Nation.
According to the Committee for Better Banks, Santander Consumer USA, which provides about one in five auto loans nationwide, is fiercely pursuing delinquent borrowers who have gotten mired in debt for financial products they cannot afford and should ...



CNBC

If you have student loan debt, you might also need life insurance
CNBC
The share of student loan borrowers owing at least $50,000 has more than tripled in the past decade, from 5 percent to 16 percent. In the unlikely event you pass away, cosigners or your spouse could be responsible for paying off your student debt. Term ...
Here's Why Your Company Should Offer Student Loan Repayment BenefitsStudent Loan Hero (blog)
CFPB Finds Higher Debts for Student Loan BorrowersState PIRGs
Student loan repayment workshop to be held in SkaneatelesAuburn Citizen

all 4 news articles »


Student loan debt crushing older Americans too
Fox Business
According to a new report by FICO, the percentage of Americans ages 65 and older with student loan dues increased 300% from 2006 to 2016, compared to 100% for Americans ages 35-64. This statistic will continue to rise as the population ages and older ...



ESPN FC

Fiorentina sign defender German Pezzella on loan from Real Betis
ESPN FC
Fiorentina have signed Argentinian defender German Pezzella from Real Betis on loan with an option to buy, the Serie A club have announced. The 26-year-old, who joined Betis from River Plate two years ago, has represented his country at Under-20 and ...
Fiorentina loan Pezzella from Real BetisFourFourTwo

all 10 news articles »


New York Times

Wells Fargo Borrower Got Unneeded Insurance, and Ruined Credit
New York Times
For three months, he made his $410 loan payments without a hitch. But in early May, Wells Fargo sent both borrowers a letter saying it had not received the necessary documentation showing that the car was insured. A second notice saying the same thing ...

and more »


Forbes

Why Big Changes To Student Loan Forgiveness Are Probably Inevitable
Forbes
A growing number of student loan borrowers -- nearly one in three -- aren't making headway in paying down their loans five years after leaving school. That's nearly double the rate a decade ago, according to a new report from the Consumer Financial ...



Reuters

Chinese banks battle slowing loan growth, default risks loom
Reuters
"Loan demand is strong throughout the whole year," said Ma Kunpeng, chief financial industry analyst at China Merchants Securities. "The core conflict in the second half is loan quota - whether banks will be able to extend more loans than they ...

and more »

Google News