student loans

Could Income Share Agreements Displace Payday Loans?

Could Income Share Agreements Displace Payday Loans?
Could Income Share Agreements Displace Payday Loans?
May 29, 2019  |  Alternative Credit

Income sharing is not a common method of financing as of 2019 — though, as of late, it has begun to get much more interest...

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Pressure Mounts On CFPB Over Public Service Loan Forgiveness Program
Pressure Mounts On CFPB Over Public Service Loan Forgiveness Program
April 09, 2019  |  Consumer Finance

Launched in 2008 as a provision of the College Cost Reduction and Access Act (CCRAA), the Public Service Loan Forgiveness program’s objectives were pretty straightforward....

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How Frank Wants To Help Students Stay Away From Debt
How Frank Wants To Help Students Stay Away From Debt
March 06, 2019  |  Alternative Credit

Much has been written about the student loan crisis in the U.S. There are now 44 million borrowers who collectively own $1.5 trillion in debt, making...

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Online Lender SoFi Debuts Two Free ETFs
Online Lender SoFi Debuts Two Free ETFs
February 26, 2019  |  Loans

Online lender Social Finance (SoFi) is launching two free exchange-traded funds (ETFs). Citing regulatory filings, Bloomberg reported that the funds — set to waive management...

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FTC Settles With SoFi
FTC Settles With SoFi
February 25, 2019  |  Legal & Regulation

The Federal Trade Commission announced it has resolved its investigation of online lender SoFi, following a public comment period. According to an FTC press release,...

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Young Adults Have Record Debt Surpassing $1T
Young Adults Have Record Debt Surpassing $1T
February 25, 2019  |  Debt

Americans between the ages of 19 and 29 ended 2018 collectively owing more than $1 trillion in debt, the highest level for young adults since...

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Student Debt In ‘Serious Delinquency’ Grows
Student Debt In ‘Serious Delinquency’ Grows
February 18, 2019  |  Loans

Student debt in arrears has hit record highs as measured by data gleaned from the Federal Reserve Bank of New York, Bloomberg reports. The newswire...

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Online Lender CommonBond Cuts 18 Pct Of Employees
Online Lender CommonBond Cuts 18 Pct Of Employees
January 17, 2019  |  Personnel

Online student lender CommonBond has laid off 22 employees — 18 percent of its staff — as it plans to shift investment into new areas....

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