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Latest Loan/Mortgage News

Elizabeth Warren Wants to Cancel Student Loans. Critics Wonder if That’s the Right Solution.
While many borrowers welcomed a one-time loan clearance plan, it also raised long-simmering questions about the cost and quality of college.
Updated: 04/26/2019 05:03A

Broad-based loan growth drives higher profits at Discover
Growth in credit cards, student loans and personal loans helped power a 9% increase in profits at Discover Financial Services during the first quarter.
Updated: 04/25/2019 05:57P

North American Leveraged Loan Covenant Protections Are Practically Useless
Leveraged loans continue to have weak covenant protections. Moody's Investors Services Senior Covenant Officer, Enam Hoque called this the “new normal” ...
Updated: 04/24/2019 07:50P

How Do Student Loans Affect Your Credit Score?
Americans owe more in student loans than they do on credit cards, but how does that debt impact the rest of their financial lives? If the day comes when you want ...
Updated: 04/24/2019 10:01A

These five charts show how bad the student loan debt situation is
One in five adult Americans carry student loan debt. The issue returned to the headlines this week, when Democratic presidential candidate Sen. Elizabeth ...
Updated: 04/24/2019 06:00A

American Jewelry and Loan bets on digital as pawn game changes
Detroit-based American Jewelry and Loan is launching digital loan services as the pawn game evolves. The pawn shop, made famous on truTV's over-the-top ...
Updated: 04/23/2019 07:40P

BBB: How student loan relief firms make money
According to the Federal Reserve, more than 44 million Americans have student loan debt.
Updated: 04/23/2019 11:08A

The government took single mom's $3,063 tax refund to cover her student loans. She's trying to get it back
Tax refunds are a lifeline for many low-income people. For the increasing number of people who've fallen behind on their student loans, however, that relief ...
Updated: 04/23/2019 09:30A

The sabotage of public service student loan forgiveness
Tim Kaine and Randi Weingarten write that the bipartisan Public *Service* Loan Forgiveness program offers us an opportunity to do right by public servants and ...
Updated: 04/22/2019 07:34P

Facing retirement with parent student loans? Transfer them to the kids
It's not wise to use retirement funds to pay down student loans taken out on behalf of your children. Consider refinancing the debt so that the graduate can take ...
Updated: 04/21/2019 06:00A

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