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CNBC

Just 96 of 30000 people who applied for public service loan forgiveness actually got it
CNBC
Earlier this month, CNBC tracked down one of the first people to qualify for student debt cancellation under the public service loan forgiveness program, which allows certain not-for-profit and government employees to have their federal student loans ...
You're Probably Not Getting that Loan Forgiveness You're Counting OnVICE
People who worked 10 years for student loan forgiveness get shaftedMinnesota Public Radio News (blog)
Public Service Loan Forgiveness Program Accepts Few ApplicantsPYMNTS.com

all 4 news articles »


Barron's

Loan Growth Is Newest Challenge for Banks
Barron's
Banks have underperformed this year, returning about 5%—compared with 11.4% for the S&P 500. That's somewhat counterintuitive. Overall, bank loan books remain pretty healthy, higher interest rates have helped boost net-interest income, dividends and ...



Bloomberg

Leveraged Loans Are Flying Off the Shelves
Bloomberg
Money managers, eager for assets whose yields rise as the Federal Reserve hikes rates, snatched up some of the year's biggest leveraged loan offerings this week. Some caution that investors may be buying at the wrong time. Usually after the Fed ...

and more »


U.S News & World Report Money

What Is a Credit-Builder Loan (and Should You Get One)?
U.S News & World Report Money
It's an age-old dilemma for would-be borrowers: Creditors want evidence you can handle a loan or unsecured credit card before they give you one, but there's risk in offering credit products to borrowers without a good credit history.

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Forbes

Very Few Borrowers Qualify For Public Service Loan Forgiveness
Forbes
Fewer than 100 borrowers have qualified for Public Service Loan Forgiveness as of June 30, 2018. Less than 1% of borrowers who have applied for loan ...
This government loan forgiveness program has rejected 99% of borrowers so farMarketWatch

all 6 news articles »


New York Times

An Alternative to Payday Loans, but It's Still High Cost
New York Times
U.S. Bank, one of the country's biggest banks, has again begun offering customers small, high-cost loans, saying the loans now have safeguards to help keep borrowers from getting in over their heads. The loans, between $100 and $1,000, are meant to ...
US Bank launches new Simple Loan program for short-term cash needsWDAY6

all 5 news articles »


CNBC

This type of loan doesn't help your credit score, even if you stay on top of it
CNBC
Paying down a loan on time is a good way to build a positive credit history and improve your credit score. But those using a payday loan shouldn't expect any good marks in their credit file if they pay on time. Also called cash advances, payday loans ...

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Cape May County Herald

Are You in the Market For a Commercial Loan?
Cape May County Herald
At Crest, commercial financing is more than just a business loan – it's a partnership. Our focus is on the relationship, not just the transaction. As a local bank, the decision-makers know you, your business and the local marketplace; and you know them ...



MyAJC

For Brian Kemp, suit over bad loan reveals political, financial perils
MyAJC
But Kemp would be stuck in Carrollton for the next two hours and 27 minutes, trying to explain, under oath, why he shouldn't have to repay a $500,000 loan. By the time his deposition concluded, Kemp had answered “I don't recall,” “I don't remember,” “I ...



The Gazette: Eastern Iowa Breaking News and Headlines

Anticipated forgivable home improvement loan program launches in Cedar Rapids
The Gazette: Eastern Iowa Breaking News and Headlines
CEDAR RAPIDS — City officials this week celebrated the launch of a housing rehabilitation program that will provide homeowners up to $10,000 in forgivable loans to will transform older, rundown and moderate-condition neighborhoods. The Neighborhood ...


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