06 Feb

Who makes money off your student loans? You might be surprised

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 …
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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.
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Vanderbilt University News


P2P lenders TWINO reaches €100 million loans funded landmark
Latvia’s TWINO, a peer-to-peer lending platform, has announced that it has funded €100 million P2P loans in nine countries to date. The P2P lending marketplace has facilitated 6,300 active investors at a return rate of 12.31%. Germany, UK, Latvia, and …
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tech.eu