Category: Private Lenders

5 things seniors should know about student loans

5 things seniors should know about student loans

If you’re retired and have student loan debt, you have lots of company. Two senators have introduced a bill to protect Social Security benefits being garnished to pay off student loans. But don’t count on Congress to provide much help — the Protection of Social Security Benefits Restoration Act is a long way from passing,…

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Having cleared out abandoned homes, South Bend must decide what’s next

Having cleared out abandoned homes, South Bend must decide what’s next

The void, and the lack of a concrete plan from the administration to fill it, prompted South Bend Common Council member Regina Williams-Preston, whose district has seen the most homes bulldozed, and affordable housing developer Ann Mannix earlier this month to propose 100 Homes in 500 Days. The plan would fill some of those lots…

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Peters, Capito reintroduce bipartisan student loan rehabilitation bill

Peters, Capito reintroduce bipartisan student loan rehabilitation bill

The FAIR Student Credit Act would expand the loan rehabilitation program by giving private lenders the flexibility to make it easier for borrowers to improve their credit standing. Under current law, federal loans may be rehabilitated one time and borrowers can repair their credit, while private lenders do not have the ability to remove negative…

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Firm proposes privately funding new terminal at Kansas City International Airport

Firm proposes privately funding new terminal at Kansas City International Airport

James said private financing would remove any question of taxpayer risk. “That’s a Kansas City innovative solution to a Kansas City sticky problem,” he said. “It’s something the airlines are comfortable with. It reduces the risk. It gets our airport built.” Engineering firm Burns amp; McDonnell has asked city officials to be the lead firm…

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Africa’s debt spree: Precursor to a new debt crisis?

Africa’s debt spree: Precursor to a new debt crisis?

Some analysts and multilateral financial institutions have warned that Africa could be on the verge of a debt crisis reminiscent of the 1980s and 1990s, when external debt ballooned from $140bn in 1982 to over $270bn in 1990, ultimately proving unsustainable. 90s crisis revisited? At first glance there are strong parallels. During the commodity boom…

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Burns & McDonnell proposes private financing for new KCI single terminal

Burns & McDonnell proposes private financing for new KCI single terminal

Burns amp; McDonnell, one of Kansas City’s foremost engineering firms, has proposed to privately build and finance a new single terminal at Kansas City International Airport, as a way to finally garner voter approval and get the controversial airport project done. Burns amp; McDonnell has quietly floated to city government officials that it would be…

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How to Get a Mortgage With Student Loan Debt (Yes, You Can)

How to Get a Mortgage With Student Loan Debt (Yes, You Can)

While most collegetuitionborrowers get their original loan from the federal government, its also possible to refinance with a private lender. So why would you want to? Because according to a recent survey by college lender marketplace Credible.com, one-third of these borrowers can snag lower interest rates with a private refi, which could free up cash…

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College education: Is going into debt worth it?

College education: Is going into debt worth it?

New college freshmen and their parents have a wide array of choices for college loans. Federal student loans guaranteed by the US Department of Education have lower interest rates and costs, and more flexible options for repayment, than student loans through private lenders. The Consumer Financial Protection Bureau has very helpful information on its website…

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How Atletico Madrid Turned to Private Lenders to Keep Pace with Real Madrid

How Atletico Madrid Turned to Private Lenders to Keep Pace with Real Madrid

When Diego Simeone took over as manager of Atletico Madrid in December 2011, the club was in free-fall. They languished four points from the drop zone in the league standings while their cross-town rivalsReal Madrid topped the table en route to a record-breaking, 100-point title win. Atletico hadn’t beaten Real Madrid since 1999. A month…

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