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Loans

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Top Loans Articles

Displaying items 89-99
  • Subsidized student loans fuel higher tuition

    A recent article in The Sun lamented the scheduled interest rate increase on student loans ("Student loan rates set to rise, barring Congress cram session," June 7). Cancellation of this program would be of benefit to all future students. The increase...
  • S.D. lender that claimed tribal immunity ordered to stop making loans in Md.

    S.D. lender that claimed tribal immunity ordered to stop making loans in Md.
    State regulators have ordered a South Dakota-based payday lender to stop making consumer loans in Maryland after finding the company used predatory tactics and charged excessive interest rates. Western Sky Financial, located on a reservation in Timber...
  • Bad at math? Maybe you should pass on a subprime mortgage

    Bad at math? Maybe you should pass on a subprime mortgage
    Can you figure out how much a $300 sofa would cost during a half-price sale? If five people share the winning numbers for a lottery with a $2-million prize, can you calculate how much money will wind up in each winner’s pocket? If questions like...
  • CFPB orders U.S. Bank to return millions to service members

    CFPB orders U.S. Bank to return millions to service members
    The Consumer Financial Protection Bureau said it ordered U.S. Bank and its partner to return about $6.5 million to service members who had been deceived by the terms and costs of subprime auto loans. The federal agency said U.S. Bank and Dealer...
  • Susan Stover promoted to assistant vice president for APGFCU

    Susan R. Stover has been promoted to assistant vice president, loan centers/sales, a new position at Aberdeen Proving Ground Federal Credit Union. Stover will oversee APGFCU's two new Cecil County loan centers. She will manage a staff of seven and report...
  • Interest rates to double on new student loans

    Interest rates to double on new student loans
    Financial aid directors at Maryland colleges hope that members of Congress will return from their July 4 recess and reverse the doubling of the interest rate on new federal loans for financially needy students. "I am actually hoping they come to their...
  • Dropping the ball on student loans

    Dropping the ball on student loans
    Because Congress couldn't get its act together last month — not really all that surprising given the partisan gridlock in Washington — interest rates on federally subsidized Stafford student loans rose from 3.4 percent to 6.8 percent on...
  • Student loan plan fails for second time in Senate

    Student loan plan fails for second time in Senate
    WASHINGTON – A proposal to extend lower interest rates for some federal student loans failed for the second time in the Senate on Wednesday, putting new pressure on Democrats to reach a compromise on the issue. A unanimous bloc of Republicans,...
  • Congressional Deadlock Only Piles Student Loan Burden Higher

    It comes as no surprise that a deadlocked Congress missed the July 1 deadline to pass a bill that would have kept the interest rates on federally subsidized Stafford student loans from doubling from 3.4 percent to 6.8 percent, as required in 2007...
  • Wells Fargo, JPMorgan 2nd-quarter profits beat Wall Street forecasts

    Wells Fargo, JPMorgan 2nd-quarter profits beat Wall Street forecasts
    Wells Fargo & Co. booked a record $5.5 billion in profit during the second quarter despite a dramatic rise in mortgage rates and signs of a slowdown in its refinancing business. The 19% year-over-year jump in earnings for the nation's largest home...
  • Consumer Portfolio Services a subprime-auto-lender survivor

    Consumer Portfolio Services a subprime-auto-lender survivor
    Consumer Portfolio Services Inc. operates on a simple principle: Everyone needs a car. For more than two decades, the Irvine subprime auto lender, known as CPS, has helped finance vehicles for people who have less than perfect credit. Employing a...