Navient, a major student loan collecting company, agreed to cancel $1.7 billion in debt owed by more than 66,000 borrowers across the U.S. and pay over $140 million in other penalties to settle ...
MEMPHIS, Tenn. — As the cost of living continues to rise, some are turning to high-interest loans to help make ends meet. That’s one of the reasons Rise Memphis and Microsoft hosted an event to teach ...
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Root cause of predatory lending
Alarmed by exorbitant interest rates and other fees imposed by lending platforms, Finance Secretary Ralph Recto had ordered the Securities and Exchange Commission to adopt stricter measures on abusive ...
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