May 13, 2024
Loans

Student Loan Borrowers May Get Millions After Servicers Accused of Failure

The Consumer Financial Protection Bureau (CFPB) on Monday filed a complaint against two major private student loan servicers, alleging failure to address borrowers’ requests. The CFPB accused the National Collegiate Student Loan Trust (NCSLT), a group of 15 securitization trusts, and the loan servicer Pennsylvania Higher Education Assistance Agency (PHEAA) of failing to respond to

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Investment

California Biofuel Plant and USDA Specialty Crop Investment

California Biofuel Plant and USDA Specialty Crop Investment From the Ag Information Network, I’m Bob Larson with your Agribusiness Update. **The increasing use of biofuels could generate bullish vibes for ag commodities in the future. And, E-T-F Trends says plans for a biofuel plant in California could spur more investors to take a closer look

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Loans

Revised rules to improve loan climate

Chinese 100 yuan banknotes are seen in a counting machine at a bank in Beijing, China. [Photo/Agencies] China unveiled several revised credit management rules on Friday, which will take effect from July 1. They include measures for the administration of fixed-asset loans, working capital loans and personal loans. Experts said the new rules fit the

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