student loans

US Consumers Defer Payments On More Than 100 Million Loans

US Consumers Defer Payments On More Than 100 Million Loans
US Consumers Defer Payments On More Than 100 Million Loans
June 18, 2020  |  Loans

There are now more than 100 million skipped payments on student loans, auto loans and other kinds of debt, according to a report by The...

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US Household Debt Hits All-Time High
US Household Debt Hits All-Time High
May 05, 2020  |  Debt

Household debt has risen substantially in 2020 thus far, shooting up to $14.3 trillion, a number bypassing the height of the Great Recession by $1.6...

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Have We Seen The Bottom Of The Student Loan Delinquency Crisis?
Have We Seen The Bottom Of The Student Loan Delinquency Crisis?
May 04, 2020  |  Consumer Finance

Long before the advent of the COVID-19 epidemic and the litany of financial and economic disruptions brought in its wake, the student loan situation in...

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Deep Dive: Paper Checks: The Bane Of Student Disbursements?
Deep Dive: Paper Checks: The Bane Of Student Disbursements?
February 14, 2020  |  Disbursements

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Household Debt Exceeds $14T After 2019 Spike
Household Debt Exceeds $14T After 2019 Spike
February 11, 2020  |  Debt

Household debt in the U.S. has reached a 12-year high, rising more than $600 billion last year –the highest since right before the financial crisis...

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Discover’s Payment Services Drive Network Volumes Up 9 Pct
Discover’s Payment Services Drive Network Volumes Up 9 Pct
January 23, 2020  |  Earnings

Discover Financial Services posted fourth-quarter results that topped earnings expectations on the heels of loan growth and payments volume. Get the Full Story Complete the form...

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CFPB Charges Student Loan Debt Relief Firms With Unlawful Behavior
CFPB Charges Student Loan Debt Relief Firms With Unlawful Behavior
January 10, 2020  |  CFPB

The Consumer Finance Protection Bureau (CFPB) has filed lawsuits against several companies offering to forgive student loan debt for allegedly obtaining peoples’ data illegally, charging...

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SoFi Founder Mike Cagney Notches Near-$103M For New FinTech
SoFi Founder Mike Cagney Notches Near-$103M For New FinTech
December 02, 2019  |  Investments

Silicon Valley’s Figure Technologies, co-founded by SoFi Founder Mike Cagney, has raised $103 million in a Series C funding round, reports said on Sunday (Dec....

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Summer Lands $10M To Help Students Eliminate Debt
Summer Lands $10M To Help Students Eliminate Debt
September 26, 2019  |  Investments

A startup that focuses on helping student borrowers with their debt has raised $10 million in a funding round, according to a report. Get the...

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