25 Jan

Latest Loans News

Banks’ bad loans hit N856.9b, says report
Banks’ assets have depreciated in the last two years, with provisions for Non Performing Loans (NPLs) hitting N856.9 billion, a financial market report has said. The report by the investment and research firm Afrinvest West Africa Plc was released yesterday.
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The Nation


Student loans: What Navient borrowers need to know
The U.S. Consumer Financial Protection Bureau is suing Navient Corp., the nation’s largest student loan service provider, accusing it of “systematically and illegally failing borrowers at every stage of repayment,” according to a press release …
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azcentral.com


Quicken Loans, the New Mortgage Machine
DETROIT — A low buzz fills the air as an army of mortgage bankers, perched below floating canopies in a kaleidoscope of vivid pinks, blues, purples and greens, works the phones, promising borrowers easy financing and low rates for home loans. By the …
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nytimes.com