Tag Archives: loan

In a heartfelt moment speaking about racial disparities related to student debt, Representative Ayanna Pressley (D-MA) recently revealed that she defaulted on her student loans at one point. “Like 85% of Black students, I had to borrow; and like so many of those students, I also defaulted on those loans,” Pressley said during a press conference organized by the American Federation of Teachers. “We know that Black and Brown students are five times more likely to default for those loans, than… Source link

SAN JOSE — An affordable housing project in San Jose has moved closer to reality with a new loan and the developer’s purchase of the properties where the homes will be built. The Kelsey Ayer Station has landed more financing from Google and the project’s developer has just completed a purchase of the properties needed for the 115-unit development, according to public documents filed in Santa Clara County on Jan. 15. “Google has allowed us to accelerate our development plans and keep… Source link

Fenaba Addo is an associate professor of consumer science at the University of Wisconsin-Madison and Ashley Harrington is the federal advocacy director at the Center for Responsible Lending. The debate around canceling student debt has been front and center in the wake of the presidential election, and President-elect Biden should provide substantial cancellation on his first day in office. This crisis has reached roughly $1.7 trillion and is disproportionately affecting Black students and… Source link

TipRanks Raymond James: 2 Big 7% Dividend Stocks to Buy Now Watching the markets with an eye to the main chance, Raymond James strategist Tavis McCourt sees both risk and opportunity in current market conditions. The opportunity, in his opinion, stems from the obvious factors: the Democrats won both Georgia Senate seats in the recent runoff vote, giving the incoming Biden Administration majority support in both Houses of Congress – and increasing the odds of meaningful fiscal support getting… Source link

Adrian Peterson is on the hook for $8.3 million in defaulted loans after the New York State Supreme Court ruled against him in a summary judgment, according to records obtained by ESPN. The Detroit Lions running back, soon to be a free agent, was hit with a lawsuit in July 2019 from DeAngelo Vehicle Sales LLC, a Pennsylvania loan company (think investment vehicles, not cars). The company alleged that Peterson failed to pay back a loan of $5.2 million issued in October 2016. Peterson reportedly… Source link

Google India pulled down several instant loan apps from Play Store on Thursday for breaching its user safety policies and is reviewing hundreds of similar apps for violation of terms of its Android platform, used by 96% of smartphone users in the country. Many of these app-based lenders were trying to recover a pile of overdue personal loans by resorting to aggressive tactics, including harassment and public humiliation, even as delinquent borrowers grappled with pay… Source link

MUMBAI: Alphabet Inc’s Google has removed lending apps aimed at consumers in India from Play Store in an attempt to safeguard users, it said in a blog post on Thursday. “We have reviewed hundreds of personal loan apps in India, based on flags submitted by users and government agencies,” Suzanne Frey, vice president, Product, Android Security and Privacy said in the post. A recent investigation by Reuters found at least 10 lending apps on Play Store breached Google’s rules on loan repayment… Source link

TipRanks 3 Stocks Flashing Signs of Strong Insider Buying Sometimes, following a leader makes the best investment strategy. And corporate insiders have long been popular leaders to follow. Their combination of responsibility to their stockholders and access to ‘under the hood’ information on their companies gives their personal investment choices an air of authority.The most important thing about these insiders is that whatever else they do, they are expected to shepherd their companies to… Source link

TipRanks Shift Into Hydrogen Could Lift These 3 Stocks Higher In a report on the alternative fuel market, analyst Rupert Merer, of National Bank of Canada, looks at the possibilities and potentialities of the hydrogen as both an energy resource and a commodity. At the heart of the matter, he writes, “Stakeholders across energy markets have reached the consensus that climate change is a problem and decarbonization of our energy supply mix will require a multifaceted approach which includes… Source link

The Tampa Bay Buccaneers quarterback Tom Brady found a way to pick up an extra $1 million in 2020. TB12 Inc., Brady’s company, received a Paycheck Protection Program (PPP) loan of nearly $1 million from the federal government. Data published by the Small Business Administration in December revealed TB12 Inc. received a loan of $960,855 in 2020. News Brady’s company received a PPP loan broke in July, but the exact amount the company received was not known until December. Prior to the Small… Source link