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Struggling Small Businesses: The Lingering Impact of Covid-19 EIDL Loans | West Virginia Business News

  • August 27, 2024

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Finance

WSAZ Investigates | Financial problems mount for Justice family businesses

  • August 22, 2024

CHARLESTON, W.Va. (WSAZ) – The owners of The Greenbrier Resort announced Thursday a deal to avert public auction of the prized resort, yet that is just the latest development in a series of financial problems mounting for West Virginia Gov. Jim Justice’s family-owned businesses. It’s an issue WSAZ has been reporting on for years, starting

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Loans

She Found Out Her Parents Stole Her Identity To Get $60K In Loans And Credit. So She Got The Cops Involved And Now They’re Furious She Turned Them In. » TwistedSifter

  • August 8, 2024

We all want our parents to make us feel loved and safe. It’s a reasonable expectation. Unfortunately, the young person got the opposite feelings from her parents, so she had to take a stand. Read her story to see what happened. My parents took out credit cards and loans in my name. It was fine

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Loans

Taxpayers without student loans should not pay for those of others

  • August 5, 2024

(The Center Square) – North Carolinians without student loans “should not have to pay for someone else’s degree,” US Sen. Thom Tillis says. For the 87% in the state’s population without student loan debt, the state’s senior senator says worsening inequality and adding $1.4 trillion to national debt through President Joe Biden’s student loan payment

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Investors

JPMorgan Chase Issues Warning To Investors As US National Debt Hits $34,997,540,505,103

  • July 28, 2024

The US national debt is closing in on $35 trillion, triggering a warning to investors from analysts at JPMorgan Chase. According to new data from the Treasury, the total outstanding public debt amounts to $34.99 trillion – or $34,997,540,505,103 to be exact – as of July 25th. That’s up from $32.59 trillion just one year

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Loans

Brightpoint wins $2.5M of Fort Wayne’s Legacy Fund to loan to small businesses | News

  • July 17, 2024

FORT WAYNE, Ind. (WFFT) — Fort Wayne City Council granted Brightpoint $2.5 million for its Small Business Loan Project Tuesday. That money will come out of the City’s Legacy Fund, which is meant to invest in transformational projects across the city. As of December 31, 2023, the account holds $36,674,431. The Legacy Joint Funding Committee originally

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Loans

How banks, regulators are navigating office loan challenges

  • July 7, 2024

Alanis Morissette could have been talking to regulators and lenders in her 1995 hit “You Learn” which highlighted the benefits of experience. Instead of “you live…you learn,” for bankers it is “you lend……you learn.” In the early 1990s a drawn-out real estate recession and recovery was the result of banks and regulators being heavy-handed when

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Loans

Student Loan Update: Millions of Borrowers Aren’t Paying

  • July 5, 2024

Millions of borrowers still aren’t paying their student loans back months after payments resumed after a three-year pandemic pause, according to the latest data from the Department of Education (DOE). The data from the DOE found that roughly 20 million people aren’t making any payments on their student loans. For three years, the federal government

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Loans

CFPB Finds Failures in Loan Collection and Medical Credit Cards

  • July 3, 2024

The companies collecting Americans’ student loans, auto loans and medical payments have some work to do. That’s according to a report issued Tuesday (July 2) by the Consumer Financial Protection Bureau (CFPB), which found numerous failures in student and auto loan servicing, deceptive and abusive debt collection practices, and complaints centered on credit cards offered by dental and medical

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Loans

Could Medical Debt Forgiveness Follow Student Loans?

  • June 29, 2024

Millions of Americans have medical debts and want the federal government to introduce a forgiveness scheme, like the one for student loans—but is this likely, and would a one-off program solve the root problem? Loan forgiveness has become a hot topic in recent years following the Biden administration’s en masse policies to eradicate education bills

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