student loans

Millennial Student Loan Repayments Threaten Amazon, Walmart’s Bottom Line 
Millennial Student Loan Repayments Threaten Amazon, Walmart’s Bottom Line 
June 08, 2023  |  Retail

Millennials with student loans to lose 6.5% of spending power as repayments resume. That’s the headline PYMNTS reported this week and it’s a headline that’s...

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Student Loan Repayments May Hit Gen X Pocketbooks the Hardest
Student Loan Repayments May Hit Gen X Pocketbooks the Hardest
June 07, 2023  |  Debt

Gen X has been walking a difficult financial tightrope over the past few years, and double debt duty may be leaving “The Forgotten Generation” in...

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FTC Highlights Enforcement Actions Related to Financial Abuses
FTC Highlights Enforcement Actions Related to Financial Abuses
June 07, 2023  |  Regulation

The Federal Trade Commission (FTC) undertook enforcement actions around automobile purchasing and financing, payday lending, and credit repair and debt relief in 2022. The agency highlighted...

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FinTech IPO Index Rallies 3.4%, SoFi Soars on Optimism Over Student Loans  
FinTech IPO Index Rallies 3.4%, SoFi Soars on Optimism Over Student Loans  
June 02, 2023  |  IPO

The FinTech IPO Index’s 3.4% gains were outpaced this week by outsized momentum in names like SoFi, while earnings reports in other holdings continued to...

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NerdWallet and SoFi Earnings Blunt FinTech IPO Gains as Index Adds 1.4%  
NerdWallet and SoFi Earnings Blunt FinTech IPO Gains as Index Adds 1.4%  
May 05, 2023  |  Fintech Investments

A spate of earnings reports rolled in through the past week, and a rough parity between gaining stocks and decliners held the FinTech IPO Index...

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SoFi’s Membership Rosters Surge 46% Year on Year
SoFi’s Membership Rosters Surge 46% Year on Year
May 01, 2023  |  Earnings

SoFi’s latest quarterly results underscore a continued demand for personal loans — and a platform model that supports a continuum of spending, saving and direct...

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Safaricom Launches Mobile Wallet and Mini App for Kenyan Students
Safaricom Launches Mobile Wallet and Mini App for Kenyan Students
April 28, 2023  |  Loans

Safaricom and Kenya’s Higher Education Loans Board (HELB) have partnered on a mobile wallet and a mini app. The new HELB Mobile Wallet will allow...

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SoFi Student Loans Suit Spotlights Platform Model’s Resilience and Vulnerabilities
SoFi Student Loans Suit Spotlights Platform Model’s Resilience and Vulnerabilities
April 10, 2023  |  Digital Payments

The push and pull on student loans has spotlighted SoFi’s digital platform model and the emergence of online financial service ecosystems. As widely reported, SoFi...

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Paycheck-to-Paycheck Population May Surge as SNAP Benefits End and Student Loans Payments Resume
Paycheck-to-Paycheck Population May Surge as SNAP Benefits End and Student Loans Payments Resume
March 28, 2023  |  Connected Economy

Depending on the month, the roster of those of us living paycheck to paycheck is up a bit or down a bit. But through the...

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