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TechCrunch

Original Tech helps banks offer better loan applications | TechCrunch
TechCrunch
Americans apply for more than 250 million new financial products each year, but the majority of those applications are completed on paper or over the phone. A..

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Chinese Banks Battle Slowing Loan Growth, Default Risks Loom
New York Times
"Loan demand is strong throughout the whole year," said Ma Kunpeng, chief financial industry analyst at China Merchants Securities. "The core conflict in the second half is loan quota - whether banks will be able to extend more loans than they ...

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Student loan debt crushing older Americans too
Fox Business
According to a new report by FICO, the percentage of Americans ages 65 and older with student loan dues increased 300% from 2006 to 2016, compared to 100% for Americans ages 35-64. This statistic will continue to rise as the population ages and older ...



Money Magazine

Regulators propose $183M settlement with student loan firm
ABC News
Federal regulators have proposed a $183.3 million settlement with a student loan company that authorities allege engaged in predatory lending practices. The Consumer Financial Protection Bureau filed a lawsuit and settlement against Aequitas Capital ...
Corinthian Colleges Students Set to Get $183 Million Break on Bad LoansMoney Magazine
$183M Settlement Means 41000 Former Corinthian Students Will Get Private Loan ForgivenConsumerist
Oregon AG announces settlement with college loan firmKTVZ

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MarketWatch

The share of student loan borrowers owing more than $20000 has doubled
MarketWatch
The share of student loan borrowers who entered repayment owing $20,000 or more doubled — from 20% to 40% — between 2002 and 2014, according to a report published Wednesday by the Consumer Financial Protection Bureau. What's more, the share ...

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Treasurer: Bailing out Pa. general fund with 2nd loan would be 'substantial risk'
Pocono Record
HARRISBURG (AP) — State Treasurer Joe Torsella warned legislators Wednesday that the state's primary bank account will likely run out of money twice this month — and he'll be reluctant to approve a second loan unless legislators quickly pass a ...

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USA TODAY

Student loan borrowers owe more, need longer to repay in full
USA TODAY
Many student loan borrowers face even tougher financial challenges than their counterparts a few years ago, a new federal report says. Nearly half of the borrowers who leave school owe at least $20,000, nearly double the amount owed by similar ...
Student Loan Repayment - Consumerfinance - Consumer Financial Protection BureauConsumerfinance - Consumer Financial Protection Bureau

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Rowlesburg residents deserve loan answers
The Exponent Telegram (press release) (registration)
The next month, Banister was granted an exemption by the state Ethics Commission to make the loan to the town, as long as there would be no profit involved. The matter seemed to be put to rest until in June, Banister asked council to begin the ...

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We Ain't Got No History

Chelsea's Ruben Loftus-Cheek reflects on first loan opportunity at Crystal Palace
We Ain't Got No History
Promoted to the first-team by José Mourinho during the 2014-15 season, Chelsea tried to take a slightly different path with Ruben Loftus-Cheek. Over the past three season, while most of his former teammates in the Academy have gone out on loan and some ...

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Bankrate.com

Considering a personal loan? Learn the basics first
Bankrate.com
But before you borrow, know the basics of personal loans. Unlike a car loan or a home mortgage, personal loans are not secured by collateral. Lenders offering personal loans may want to know why you are borrowing funds; however, in most cases you can ...

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