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Latest Loan/Mortgage News

Morehouse College grad shares plans after loan debt paid
Morehouse College graduate Elijah Nesly Dormeus explains what billionaire investor Robert F. Smith paying off his student loan debt means to him.
Updated: 05/19/2019 09:36P

Billionaire pays off loan debt for hundreds of students
Morehouse College seniors got a surprise when billionaire investor Robert F. Smith announced during his commencement speech that he would pay off the ...
Updated: 05/19/2019 04:38P

‘They Were Conned’: How Reckless Loans Devastated a Generation of Taxi Drivers
Thousands of immigrants who were chasing the dream of owning a New York taxi were trapped in reckless loans by bankers who made huge profits, The Times ...
Updated: 05/19/2019 03:02A

Interest Rates on New Federal Student Loans Will Dip Slightly
College borrowers will get a small break in the coming school year, as interest rates on new federal student loans fall slightly this summer. Rates had risen in the ...
Updated: 05/17/2019 10:24A

Students and their families need support systems before they're saddled with college debt
State and local governments need to find the resources to help families make smarter financial decisions about college during children's high school years.
Updated: 05/17/2019 08:30A

Trade Battle Poses Risks for Junk-Loan Machinery
The recent escalation of U.S.-China trade tensions is threatening to cut short a nascent recovery in the market for collateralized loan obligations.
Updated: 05/17/2019 08:00A

CFPB Chief Says Education Department Is Blocking Student Loan Oversight
The Consumer Financial Protection Bureau's Kathy Kraninger says the department is getting in the way of efforts to police the student loan industry.
Updated: 05/16/2019 05:00A

More states pass student loan servicer laws
Education groups pan White House cut to Pell surplus — House Veterans Affairs Committee tackles school closures.
Updated: 05/15/2019 10:00A

How Do Loans Work? | US
Taking out a loan can help you in the short term, so be smart about how you pay it back so you don't have to worry about debt in the long term.
Updated: 05/15/2019 09:55A

Bernie Sanders: 'Exploitative' payday loans in Wisconsin average 574% annual rate
Ramping up his latest push for the White House, Bernie Sanders is taking aim at high interest rates on credit cards and payday loans. The Vermont senator ...
Updated: 05/14/2019 03:02P

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