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Student loan forgiveness gets $350M one-shot expansion
Federal spending bill signed by President Trump includes new funds to fund debt forgiveness for student loan borrowers working in public service or non-profit jobs. The money is earmarked for consumers who didn't qualify because of complex rules or ...
Congress gives new hope for those who didn't qualify for Public ...CNNMoney
Student loan forgiveness program gets $350M one-shot boost to aid struggling

all 6 news articles »

Sixth Tone

Woman Accuses Employer of 'Face Loan' Scam
Sixth Tone
Beauty can come at a hefty price for those taking out a new form of shady online loan, which targets young women seeking to pay for cosmetic surgery. In one case in northwestern China's Shaanxi province, an aspiring internet celebrity surnamed Zhang ...


Exclusive: Trump official quietly drops payday loan case, mulls ...
The top cop for U.S. consumer finance has decided not to sue a payday loan collector and is weighing whether to drop cases against three payday lenders, said five people with direct knowledge of the matter.
Trump official quietly drops payday loan collector case and ...CNBC
Exclusive: Trump Official Quietly Drops Payday Loan Case, Mulls Others - SourcesU.S. News & World Report
Trump official quietly drops payday loan case, mulls others: sourcesRaw Story

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Wall Street Journal

Success for Uber's direct loan despite driverless fatality
The direct placement strategy was intended to avoid attracting scrutiny from US banking regulators because the loan might breach leveraged lending guidelines. The rules raise concerns about transactions having a debt-to-Ebitda ratio of over six times ...
Uber Raises $1.5 Billion From Second-Ever Leveraged Loan DealWall Street Journal
Exclusive: Tempe police chief says early probe shows no fault by UberSan Francisco Chronicle

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The Hill

Mulvaney ends consumer protection probe of payday loan collector ...
The Hill
The acting director of the Consumer Financial Protection Bureau (CFPB) dropped the agency's probe of a payday loan collector and is mulling ending cases against three high-interest lenders,
Exclusive: Trump official quietly drops payday loan case, mulls othersPoliticusUSA

all 2 news articles »

Asbury Park Press

Lakewood schools eye $28M loan to balance budget
Asbury Park Press
LAKEWOOD - The school board Thursday approved an initial budget that includes requesting a $28 million loan from the state. Assistant business administrator Robert Finger says that's how much the district falls short in an overall $165 million budget ...

Competitive Enterprise Institute (blog)

3 Proposals to Temper the Federal Payday Loan Rule
Competitive Enterprise Institute (blog)
When the Consumer Financial Protection Bureau finalized a rule regulating payday loans in October last year, I wrote that this could be the end of the road for millions of desperate customers who rely on these loans to get from paycheck to paycheck ...


College students use financial aid money to invest in bitcoin
"I was definitely surprised," said Drew Cloud, The Student Loan Report's founder. "Living on a tight budget, one would think students would spend that money on groceries, rent or school supplies rather than bitcoin and ethereum." Undergraduate students ...
20% of College Students Admit Using Student Loan Money to Invest in CryptocurrencyBitcoinist
American scam: My kid and I are both supposed to go broke paying for college? Forget itSalon

all 5 news articles »

NBC 29 News

Kaine Co-Sponsored Bill to Help Forgive Student Loans for Public Service Workers Passes Congress
NBC 29 News
WASHINGTON, D.C. – Included in the omnibus federal spending bill that cleared Congress last night was a version of a bill offered by Senators Tim Kaine (D-VA) and Sheldon Whitehouse (D-RI) to fix a glitch in a federal loan forgiveness program that is ...

and more » Press

Minnesota United still looking for returns on loan players Press
Minnesota United has yet to cash in on a loan. The club's ownership group has financed what has become an up to $340 million investment in the team's move to Major League Soccer, with big-ticket items in $200 million for the future Allianz Field and a ...

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