student loans

US Credit Scores Soar To 704, But Debt Looms

US Credit Scores Soar To 704, But Debt Looms
US Credit Scores Soar To 704, But Debt Looms
September 25, 2018  |  Debt

New data shows that as U.S. credit scores hit their highest point since the Great Recession, Americans are also borrowing more than ever. According to...

READ MORE >
Public Service Loan Forgiveness Program Accepts Few Applicants
Public Service Loan Forgiveness Program Accepts Few Applicants
September 21, 2018  |  Loans

To help manage their student loan debts, 28,000 borrowers have sent in 33,300 applications for the Public Service Loan Forgiveness (PSLF) program. However, approximately 99...

READ MORE >
New York AG Sues Student Loan Servicing Companies
New York AG Sues Student Loan Servicing Companies
September 21, 2018  |  Security & Fraud

New York’s attorney general Barbara Underwood on Thursday (September 20) sued ten companies and two executives for tricking student loan borrowers into purchasing student loan...

READ MORE >
A Decade On, Lending Transformed By Crisis And Innovation
A Decade On, Lending Transformed By Crisis And Innovation
September 18, 2018  |  Consumer Finance

Necessity is the mother of invention. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

READ MORE >
Scratch Mobile App Makes Paying Off Loans Easy
Scratch Mobile App Makes Paying Off Loans Easy
September 18, 2018  |  Mobile Applications

Startup Scratch is working to make paying off student and personal loans simpler for borrowers through an easy-to-use mobile app. Get the Full Story Complete...

READ MORE >
Mobilizing Student Loan Disbursements
Mobilizing Student Loan Disbursements
September 10, 2018  |  Disbursements

As if accidents and disasters aren’t bad enough, handling the ensuing insurances claims can in itself become lengthy debacles. Underscoring that process, or seeming lack...

READ MORE >
CFPB Ombudsman Quits, Says Bureau ‘Abandoned’ Consumers
CFPB Ombudsman Quits, Says Bureau ‘Abandoned’ Consumers
August 28, 2018  |  CFPB

Seth Frotman, an assistant director and student loan ombudsman for the Consumer Financial Protection Bureau (CFPB), had some harsh words for acting CFPB Director Mick Mulvaney...

READ MORE >
Consumer Borrowing Hits $13.29 Trillion In Second Quarter
Consumer Borrowing Hits $13.29 Trillion In Second Quarter
August 14, 2018  |  Loans

American’s increased the amount of money they borrowed in the second quarter, with consumer borrowing reaching $13.29 trillion during the quarter ending in June. Reuters, citing...

READ MORE >
Wells Considers Lending To Students With Government Debt
Wells Considers Lending To Students With Government Debt
August 14, 2018  |  Loans

Wells Fargo might give its shrinking student lending business a boost by focusing on borrowers with U.S. government loans. The lender would offer loans to...

READ MORE >