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Traverse City Record Eagle

Group looks to reap loan support
Traverse City Record Eagle
Young hopes Grand Traverse County Commissioners give serious consideration to his company's request for a loan to bolster that work. Commissioners are expected to consider a Food For Thought application for a $245,000 loan through the state Community ...



The Detroit News

Car-loan rates expected to rise
The Detroit News
Washington — Concern about potential inflation in the U.S. economy has sparked concern that auto-loan interest rates could spike at a time when domestic car sales have already been sluggish. The Federal Reserve raised the interest rate that banks ...



Vox

Paul Manafort got $16 million in loans after the election. Mueller finds that very interesting.
Vox
In September 2016, Summerbreeze got a $3.5 million loan from Spruce Capital, a New York investment firm whose co-founder has developed Trump hotel projects and that is financially backed by a Ukrainian billionaire. (Manafort's home in the Hamptons was ...

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CNBC

Trump administration may make it easier to wipe out student debt in bankruptcy
CNBC
Meanwhile, college-loan balances in the United States have jumped to an all-time high of $1.4 trillion, according to Experian. The average outstanding balance is $34,144, up 62 percent over the last 10 years. Roughly 4.6 million borrowers were in ...

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Accounting Today

IRS says interest on home equity loans can still be deducted
Accounting Today
The Internal Revenue Service said Wednesday that taxpayers can continue to deduct the interest they pay on home equity loans “in many cases,” despite the new tax law's limitations on the mortgage interest deduction. The IRS is getting blitzed by ...
4 Hidden Ways to Boost Your Tax RefundStudent Loan Hero (blog)

all 29 news articles »


New York Magazine

Mueller asking if Manafort promised banker White House job in return for loans
NBCNews.com
Federal investigators are probing whether former Trump campaign chair Paul Manafort promised a Chicago banker a job in the Trump White House in return for $16 million in home loans, two people with direct knowledge of the matter told NBC News. Manafort ...
Mueller Investigating Whether Manafort Promised a White House Job in Exchange for a Personal LoanNew York Magazine
Feds: Chicago bank linked to former Trump aide loan schemeWLS-TV
Special counsel probing whether Manafort promised Chicago banker White House job in exchange for home loansChicago Tribune
Wall Street Journal -New York Post
all 26 news articles »


Student loan borrowers with high debts aren't making progress repaying them
MarketWatch
The share of student loan borrowers owing more than $50,000 jumped from just 2% in 1990 to 17% by 2014, according to a new paper published by The Brookings Institution. The paper, authored by Adam Looney, a former Treasury Department official and ...



New York Post

NYCFC add young midfielder on loan from top German league
New York Post
With the MLS season starting in less than two weeks, New York City FC added another weapon to its midfield. The club announced it signed Ghanaian international Ebenezer Ofori on a season-long loan from VFB Stuggart in Germany's Bundesliga. NYCFC also ...

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Student Loan Hero (blog)

Can Your High Schooler Answer These 6 Interest Rate Questions?
Student Loan Hero (blog)
That's often done in monthly installments, which are more affordable than repaying the loan at once. “It is imperative that a student understands loans are not free money but money that has to be paid back at a later time with interest,” said Ivette ...
10 Questions to Ask Before Taking Out Student LoansUloop News

all 2 news articles »


Inside Higher Ed

Bankruptcy Standards Get New Scrutiny
Inside Higher Ed
The Department of Education signaled Monday that it is interested in tweaking the standards used for determining whether student loan debt can be discharged in bankruptcy. That could point to an opening for potential bipartisan cooperation between the ...

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