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The definition of crazy is doing the same thing over and over while getting the same result. During the early 2000’s, the government – and Wall Street – urged banks and mortgage companies to lower their standards and give creative loans.

and administered by groups that already work with young people. "One of the reasons I’m being involved is I am an entrepreneur, I have built a business before, I understand the challenges," he told BBC News. "As chairman of the.

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The Education Department said Wednesday the share of people not making payments on their federal student loans within three years of leaving college has risen, reversing five years of reported declines in new defaults. About 11.5.

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Across America, a troubling pattern emerges in data analyzed by Reveal from The Center for Investigative Reporting: Nearly two-thirds of mortgage lenders denied home loans for people of color at higher rates than for white people. But.

Only 1-in-5 American adults is carrying some sort of student loan debt, and yet that relatively small group of consumers accounts for more than $1 trillion owed to lenders, more than either auto loans or credit card debt. And a new survey.

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The standard knock against car title loans is a toothless assertion that the transaction leads to people losing their cars and then their jobs because they have no transportation to get to work, say three researchers led by Vanderbilt’s Paige.

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Critics — including President Obama — say short-term, high-interest loans are predatory, trapping borrowers in a cycle of debt. But some economists see them as a.

I’m one of about 45 million Americans collectively paying back more than $1.4 trillion in college student loan debt. The.

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Jim Bourey did not want surprises. On May 30, 2014, Gov. Terry McAuliffe was scheduled to visit Newport News for the announcement of the first flights by the startup airline People Express. But with just four days to go, the airline did not.

Dec. 21–The Peninsula Airport Commission has agreed to accept $2 million from a local bank and law firm to settle a.

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More than 3,000 people are homeless in Kent, including an estimated 250 living on the streets. In the second of a series of special reports we focus on how so many end up in such a perilous situation. Loan sharks are destroying the lives of.

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The Education Department on Tuesday announced a new process to better identify hundreds of thousands of borrowers who are eligible to apply for an existing federal loan-forgiveness program. The program is for people who are.

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Indeed, student loans can impact what jobs you take, where you decide to live, how you will save for retirement, and other major life decisions. In my own experience, older people have offered me advice or critiqued my life choices even.

Payday lenders have been accused of “irresponsible behaviour” that is trapping people with loans they cannot afford. A study by Citizens Advice found that some companies were still failing to carry out basic checks to make sure borrowers.

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Across America, a troubling pattern emerges in data analyzed by Reveal from The Center for Investigative Reporting: Nearly two-thirds of mortgage lenders denied home loans for people of color at higher rates than for white people. But.