07 Feb

Home energy upgrades get U.S.-backed loans

Home energy upgrades get U.S.-backed loans
Many U.S. homeowners are now eligible for up to $ 25,000 in federally-insured loans to make energy-efficient upgrades such as adding insulation, sealing ducts or replacing windows, the Obama adminitration announced Thursday. Consumers with good credit …
USA Today

Congress Not Exempt from Student Loans
Q: Is it true that members of Congress, their staffers and their family members do not have to pay back their student loans? A: Not true. Some congressional employees are eligible to have up to $ 60,000 of student loans repaid after several years — just …
Fact Check

US Marshals make arrests over non-payment of student loans
Being behind on student loan payments in Texas could cost you more than your credit score. The US Marshals Service in Houston is arresting people who aren’t paying their federal student debt. Paul Aker said that seven deputy US Marshals showed up at his …

Who makes money off your student loans? You might be surprised
Making money off the student loan industry isn’t just for big banks anymore. Thanks to new lending rules and historically low interest rates, the federal government is now getting a sizable piece of the action. Commercial banks like Sallie Mae, a former …
Read more on Yahoo News

The trouble with car title loans is NOT people losing their cars
The standard knock against car title loans is a toothless assertion that the transaction leads to people losing their cars and then their jobs because they have no transportation to get to work, say three researchers led by Vanderbilt’s Paige Marta Skiba.
Read more on Vanderbilt University News