Month: March 2014

Dawn knows best? Arrogant Hulme foster mum jailed over ruthless pursuit of …

Dawn knows best? Arrogant Hulme foster mum jailed over ruthless pursuit of …

A Manchester foster mother has been jailed for three years for masterminding a ruthless loan sharking racket that preyed on impoverished women. Hard-nosed Dawn Lowe, 50, from Hulme, was paid around pound;24,000 of taxpayers cash to look after needy children while accepting almost pound;300,000 from debtors over a seven-year period Between 2005 and 2012, she…

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Student Loans I: Yes, Something Is Wrong

Student Loans I: Yes, Something Is Wrong

Many of the problematic student loans are held by individuals who left college before graduation, meaning they have incurred debt without diploma. This reality distorts default statistics, making their indicia of school quality misleading. The cost of education is not necessarily commensurate with the quality of the education received, meaning some students pay more and…

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Faith Notes: March 23

Faith Notes: March 23

North Cary Baptist seeks worship leader North Cary Baptist Church is looking for a volunteer to lead the 11 am Sunday worship service at 505 Reedy Creek Road. If you are interested, email Gray Rinehart at grayrinehart@hotmail.com. Walk tHis Way White Plains United Methodist Church will host Walk tHis Way, a walking and social group,…

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MEDIA ALERT: TransUnion Finds Consumer Credit Risk Drops to Lowest Level …

MEDIA ALERT: TransUnion Finds Consumer Credit Risk Drops to Lowest Level …

CHICAGO, IL — (Marketwired) — 03/05/14 — TransUnions Credit Risk Index, a measure of aggregate credit risk in the nation, dropped at the conclusion of 2013 to its lowest level since 2005. With auto loan and credit card delinquency levels hovering near all-time lows for the last two years, and with mortgage delinquencies seeing their…

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Princeton Parks Oversight Will Be Responsibilty Of Recreation Department

Princeton Parks Oversight Will Be Responsibilty Of Recreation Department

Princeton Parks Oversight Will Be Responsibilty Of Recreation Department Following more than a year of planning, maintenance of Princeton’s parks is being consolidated under the Town’s Recreation Department, it was announced at the Princeton Council meeting Monday night. Shifting responsibilities previously shared by the public works and recreation offices to just one department will allow…

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Report: USDA rural development initiatives created 75000 Jobs in 2013

Report: USDA rural development initiatives created 75000 Jobs in 2013

Agriculture Secretary Tom Vilsack has issued a report highlighting the impact of more than $33 billion in USDA investments to support rural businesses, infrastructure and housing in 2013. “This report tells the story of how USDA support has made a tremendous difference in the lives of rural Americans,” said Vilsack. “Our investments help create jobs…

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Money Mic: I’m Scared to Pay Off My Student Loans

Money Mic: I’m Scared to Pay Off My Student Loans

Butch Dill/AP By Lindsay Meredith In our Money Mic series, we hand over the podium to people with controversial views about money. These are their views, not ours, but we welcome your responses. Today, one woman explains why she cant quite get excited about eliminating a debt thats followed her for nearly 10 years: her…

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The Simple Way to Save Money on Your Student Loans

The Simple Way to Save Money on Your Student Loans

Do you have a boatload of student debt youre trying to get rid of? Financial institutions have historically been reluctant to refinance college loans, which, unlike mortgages, are essentially unsecured loans. Often, lenders have not felt comfortable modifying a loan they feel may default in the near future. Over the past year, the government has…

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The long-term impact of student-loan debt

The long-term impact of student-loan debt

Only in post-recession America could the indebted masses become a constituency — and a potential market. Call them Generation Overleveraged. A whopping 40 million Americans owe an even more whopping $1.2 trillion in student-loan debt. The amount surpasses every other type of household debt except mortgage debt. While the federal government has enacted laws that…

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Depositors still bank on state-run lenders

Depositors still bank on state-run lenders

With mounting bad loans and top-level exits, public sector banks are in the news for all the wrong reasons. But they still remain the favourites with Indian depositors. It has been two decades since new private sector banks made their debut in the country, but public sector banks hold 78 per cent of all deposits…

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