The CFPB is currently suing Navient, the country's largest student loan servicer for creating obstacles to repayment by providing bad information to borrowers.
Lakisha Johnson, a single mother living in a shelter after losing her West Philadelphia home. Johnson planned to pull the family out of this current financial struggle with her tax refund from the IRS. Instead, the IRS kept the $8220 refund as
While travelers resort to all sorts of means to pay off travel expenses, a personal loan is emerging as better alternative. Photo by Lesinka372
Getting away from it all is good for people. Even corporations acknowledge the benefits of vacation time, and psychologists confirm that one way to stay “healthy,” both mentally and physically, is to get away periodically from the stress of business and the
Seniors have become a leading consumer of high interest emergency funding loans. Many are unaware that the law requires lenders to offer price comparisons online.
Katherine E. Adkins of Mayfield, Northampton represents what regulators are targeting for predatory lending. Adkins was arrested for offering illegal payday loans secured by the borrower’s future payroll. After paying a fee, borrowers attempted to deposit checks from Adkins. Banks would not
In California, seniors are the largest group borrowing emergency funds online. Recent laws are attempting to improve online lending by requiring sites to provide price comparisons.
The US government surveyed a group of Americans on what they would do if they had to pay an unexpected expense of $400. Of those, 47% reported they did not have the cash available to pay for an unexpected emergency. Most said
New students participate in orientation at Hastings College in Nebraska where students pay up to $40,000 per year to attend with at least 5% expected to default on their loans after graduation.
Some people are fortunate enough to have a successful kin pay off their student loan debt, like NFL cornerback Logan Ryan taking care of his brother’s $82,000 bill from engineering school. But most recent graduates aren’t so lucky and are burdened by
How Homeowners are Paying For Improvements
When homeowners desire remodels or improvements, they need to consider how to pay for the work. Many people do not have the money needed for these projects so they rely on a loan. In this case, options include getting a home equity