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Fri, 28 Apr 2017 18:35:31 GMT

CBS News

It's a Good Time to Trade Your Student Debt for Home Debt
New York Times
First, it is expanding its cash-out mortgage refinance option, which lets borrowers trade high-rate student loan debt for lower-rate home loans. SoFi, a personal finance lender that is not a bank, became the first to test the program last year, and now ...
Should you roll your student loans into your mortgage?CBS News

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Thu, 27 Apr 2017 08:44:54 GMT

Bloomberg

EU Eyes Taxpayer Cash to Help Ailing Banks Offload Bad Loans ...
Bloomberg
European Union banks may be allowed to tap public funds to offset losses when they sell soured loans, as policy makers tackle a 1.1 trillion-euro ($1.2 trillion) ...

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Fri, 21 Apr 2017 15:08:05 GMT

CNNMoney

What Betsy DeVos wants to do to your student loans
CNNMoney
What the agency does next regarding student loans affects 40 million Americans who borrowed money from the government to pay for college. "We haven't heard any concrete plans from the administration," said Megan Coval, the managing director of policy ...

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Mon, 24 Apr 2017 14:04:54 GMT

USA TODAY

Millennial conundrum: Pay student loans, save for retirement or buy a house?
USA TODAY
Ryan suggests weighing the interest accruing on your student loans versus what a diversified investment account would generate. Generally, he said, those holding a student loan with 5% interest or less should direct their money toward investing in the ...

Tue, 25 Apr 2017 03:28:46 GMT

WRIC

Petersburg exploring private loans after no bank will loan them money
WRIC
A city spokesperson says that left them unable to borrow money the conventional way, so now they are turning to private investors, at a likely hefty interest rate. “They have solicited banks for various loans and we haven't gotten any approval for ...

Sat, 29 Apr 2017 21:53:50 GMT

Benzinga

Here's How Banks Can Simultaneously Love And Hate Subprime Car Loans
Benzinga
Ally Financial isn't alone in its outlook, as major banks are becoming hesitant in issuing new subprime loans suing money from their balance sheets. According to a Bloomberg report, Wells Fargo & Co (NYSE: WFC) lowered the number of loans it made to ...

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Fri, 28 Apr 2017 19:03:38 GMT

The Cairns Post

Good Money, offering no-interest loans, opens on Mulgrave Rd ...
The Cairns Post
CASH-STRAPPED Far Northerners will have easier access to interest-free loans after the opening of a new Good Money store on Mulgrave Rd.

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Tue, 25 Apr 2017 18:29:20 GMT

Mic

Want to refinance your student loans and actually save money? - Mic
Mic
Refinancing student loans can save at least some creditworthy borrowers thousands of dollars on interest payments. Alas, the window for such big savings from ...

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Fri, 21 Apr 2017 15:54:13 GMT

Money Magazine

Students in College Debt Likely Smoking More Weed, Wall Street Analysts Say
Money Magazine
"This shift towards higher student loan debt levels disproportionately affect millennials who are likely more price sensitive," wrote a team of Cowen analysts led by Vivien Azer in a Thursday note. "Supporting our contention that 'Buzz for Your Buck' ...

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Fri, 14 Apr 2017 19:56:11 GMT

New York Times

Lapsed Student Loan Payments May Cost You a Tax Refund
New York Times
In what is called a tax refund “offset,” the government has the right to withhold funds from student loan borrowers who have fallen into default, and apply the money to the loan balance. “It's very common,” said Adam Minsky, a Boston lawyer who works ...
James W. Runcie, Chief Operating Officer Federal Student Aid FROM - US Department of EducationUS Department of Education
Betsy DeVos Undercuts Student Loan Protections Previously Put In Place By President ObamaRomper

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