Sections
student debt
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InnovationPlaid Calls For Startups To Help Tackle $1.6T Student Debt Balance
In its third annual Request for Startups, Plaid is aiming to focus on student debt management along with other areas of financial services...
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Payment MethodsPayment Plans And The College Affordability Test
Call it the $1.6 trillion challenge. College is a rite of passage for some, a dream for others and a financial challenge...
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Alternative FinancesBringing Debt Management Into The Digital Age
“Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.”...
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Alternative FinancesIt’s Not Easy Solving For $1.5 Trillion In Student Debt
This week Democratic presidential candidate Sen. Elizabeth Warren managed to capture a lot of airtime — no small feat in a field...
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LoansStudent Debt In ‘Serious Delinquency’ Grows
Student debt in arrears has hit record highs as measured by data gleaned from the Federal Reserve Bank of New York, Bloomberg...
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LoansLambda’s Student Loan Alternative
Student debt in America has grown to staggering proportions. By the end of 2018, 44 million Americans collectively held $1.5 trillion in...
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Today In DataToday In Data: Big Changes In Unexpected Places
Change can be disorienting, particularly when it comes at a fast pace. It’s why the news that 44 million Americans owe over $1 trillion in...
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Consumer FinanceA Decade On, Lending Transformed By Crisis And Innovation
Necessity is the mother of invention. Invention can become necessity. And in lending, with the financial crisis in the rearview mirror, a...
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LoansBrown University To Replace Student Loans With Scholarships
With the nation collectively owing $1.3 trillion in student loan debt and countless graduates struggling to pay back their student loans, one...
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BankingCFPB Hits Citibank With Fine Over Student Loan Servicing
The Consumer Financial Protection Bureau (CFPB) announced Tuesday (Nov. 21) it has taken enforcement action against Citibank for what the government watchdog...
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DebtConsumer Credit: Privilege Or Entitlement?
There isn’t much that can be said about the “average” American credit user in 2017 because, as it turns out, there really...
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Today In DataToday in Data: U.K. Lender Prodigy’s U.S. Expansion Funding
It can be argued that one of the highest costs to expanding professional careers is that of funding student loans. Post-primary schooling...
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Today In DataToday In Data: CFPB’s Loan Forgiveness Program Complaints
The Consumer Financial Protection Bureau (CFPB) may be in over its head when it comes to key constituents’ feelings regarding its Public...
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LoansStudent Loan Defaults Hurt Homeownership
Student loan debt is still hurting a slew of Americans, with the Federal Reserve Bank of New York saying Wednesday (May 31)...
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Security & FraudFTC: Strategic Student Solutions Defrauded Student Debt Holders
The Federal Trade Commission announced Thursday (May 25) it charged the operators of a phony student loan debt relief and credit repair...
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NewsAmid Reset, Student Loans Offer Tough Lessons on Interest Rates
Students are about to face some real sticker shock on their loans, and quickly. The question is, what will be the fallout,...
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Today In DataToday In Data: AARP’s Report On Seniors’ FinTech Contributions
The FinTech industry is set to see a major boom in funds over the next five years from those in the 50+...
- Loans
Navient Widens Its Monopoly On Student Debt With $6.9B JPMorgan Deal
With over $1.3 trillion owed in just the United States alone, student debt is likely one of the largest pieces of financial...
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RetailWould-Be Millennial Homeowners Crushed Under Student Debt
The 2008 recession is still seeing a ripple effect nearly a decade later. In the years following the recession, as the economy began...
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DebtNavient Can’t Guarantee It Has Student Loan Borrower’s Interest In Mind
Navient, the nation’s largest student loan servicer, has touted that it wants to help American borrowers, but based on a recent filing,...
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LoansHoney, I Grew The Student Loan Default Rate
Defaulting on student debt has never been a good idea. The collection process is intense and one’s credit rating will be utterly...
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CFPBCFPB Debuts Consumer Credit Card Risk Management Tool
The Consumer Financial Protection Bureau (CFPB) announced Thursday (Dec. 15) the launch of Consumer Credit Trends, a web-based tool to help consumers...
- Alternative Finances
Max Levchin’s Lending Startup Affirm Casts Its Interest Toward Student Loans
So what is the next frontier in lending? According to PayPal cofounder Max Levchin, it might just be finding better ways to...
- News
Consumers Rack Up $5.8B Credit Card Debt To End 2014
U.S. consumer borrowing rose by $14.8 billion in December, including a big rebound in credit-card debt during the holidays after a drop...
- News
CFPB, USDE Provide Debt Relief Against Predatory Lending Scheme
The Consumer Financial Protection Bureau (CFPB) and the U.S. Department of Education (USDE) announced Tuesday (Feb. 3) that it will be providing $480...
