(WSVN) – When some people are short on money they get what’s called a payday loan. One South Florida man was told he didn’t pay back the loan. To prove he did he called Help Me Howard with Patrick Fraser. Living paycheck to paycheck is common. Just as difficult, living social security check to social
R.I. Infrastructure Bank OKs $800K in septic system loan financing for Cranston, Scituate residents HOMEOWNERS in Cranston and Scituate may be eligible for no-interest loans to repair or replace failing septic systems and
Vice President Kamala Harris announced a new loan program to help small businesses with priorities like energy efficiency upgrades to production facilities during a stop in Detroit Monday. The program, run through the Small Business Administration, involves using private equity dollars to match government-backed loans. Harris said the awards could range from $250,000 to $10
Banks are seeing a slide in demand for loans — at the same time that they’re tightening lending standards. And the pressures, as noted in the most recent Federal Reserve survey of loan officers through the “Senior Loan Officer Opinion Survey on Bank Lending Practices,” have impacted all manner of loan types, spanning commercial and
(Reuters) – U.S. banks reported renewed weakening in demand for industrial loans and a decline in household demand for credit in the first quarter of the year, according to a Federal Reserve survey of senior loan officers published on Monday. Fed officials had the survey results in hand last week when they decided to keep
The seal of the Pennsylvania Attorney General’s Office. Pennsylvania Attorney General Michelle Henry announced that nearly 18,000 Pennsylvania students who attended The Art Institute from 2004 to 2017 will have their student loan balances discharged. The move is part of a broader federal initiative led by President Joe Biden and the U.S. Department of Education, which
Dallas-based Steward Health Care System filed for bankruptcy early Monday as it’s finalizing a rescue loan with landlord Medical Properties Trust Inc. The firm sought Chapter 11 protection in the Southern District Court of Texas and listed assets and liabilities of $1 billion to $10 billion. The bankruptcy petition allows Steward Health to keep operating
Editor’s Note: This article was originally published by Cato Institute on May 1, 2024 and is crossposted here with permission. Note: This post updates last month’s post. The biggest changes from last month include: The newest plan relying on regulatory changes under the Higher Education Act has been released and is summarized. A new court case against the SAVE plan
Private equity companies are reportedly stepping up efforts to compete with banks on low-interest loans. For example, the Financial Times (FT) reported last week, Apollo Global has increased its long-term forecasts for its lending business, telling investors it expected to be able to originate more than $200 billion a year in new loans, up from $150 billion. Apollo Co-President
Get the latest Syracuse news delivered right to your inbox. Subscribe to our newsletter here. Rep. Brandon Williams, who represents Syracuse, introduced a bill last week that would bar people with convictions from student protests from receiving student loan forgiveness. Under the bill – H.R. 8242 – any person who is convicted of an offense