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Payday loan job shadows exec's run for Connecticut governor
Minneapolis Star Tribune
Rivals have piled on criticism of Stefanowski's involvement with a company offering loan products that are not even legal in Connecticut. In the GOP primary, one candidate's advertisements dubbed him "Payday Bob." The 56-year-old gubernatorial ...

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FOX 5 Atlanta

Brian Kemp owes more than $800000 in insider loans to bank he helped start
FOX 5 Atlanta
As the financial pain galvanized the country, companies linked to Georgia businessman Brian Kemp's companies, according to land records and candidate filings, began taking car, property, and real estate development loans totaling more than 2 million ...



Forbes

Why Leveraged Loans Are A Better Signal Than High-Yield Bonds
Forbes
The attention should be focused on the leveraged loan market which is now larger than the high yield bond market. According to Bloomberg, the leveraged loan market is now bigger than the high yield bond market, but barely gets the attention it deserves.



HUD Lean Program announces $3.6 billion in loan production
McKnight's Long Term Care News
Thirty-one lenders closed loans in the fiscal year. Lancaster Pollard announced it has closed 70 loans totaling $619.1 million in 2018. The firm leads all lenders in both total loans and par amount since 2010, with 670 loans totaling $5.4 billion in ...



Bloomberg

Jet Airways Seeks Loan Moratorium to Ease Cash Crunch
Bloomberg
Jet Airways India Ltd. has approached banks for a moratorium on loans and asked for fresh funds to ease a cash crunch, according to people with direct knowledge of the matter, adding to signs the carrier is sliding deeper into trouble. The airline has ...
Jet Airways is said to seek loan moratorium to ease cash crunchArabianBusiness.com

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Motley Fool

Tax Software Leader Wants to Disrupt the Loan Process
Motley Fool
Anyone who has applied for a loan or mortgage knows the process can be daunting. You have to fill out a seemingly endless amount of paperwork, and sometimes you have to provide verification for income that's perhaps not so easy to verify. It can be ...

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Pittsburgh Post-Gazette

Pa. AG Shapiro claims win vs. Navient student loan servicer
Pittsburgh Post-Gazette
The average student loan debt for Pennsylvania college graduates in 2016 totaled $35,759 — the second-highest amount of any state in the nation. Pennsylvanians collectively owed $61.8 billion in private and federal student loans as of December 2016.

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A hidden plan to stick taxpayers with billions in student-loan 'forgiveness'
American Enterprise Institute
Under the existing “Income-Based Repayment” program for federal loans, borrowers may cap their payments at 10 percent of income above a base amount — meaning they pay nothing at all if their income is below that base threshold. Both Democratic ...

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Drgnews

Federal Reserve: Farm Loan Volume Increasing
Drgnews
Large operating loans made by large agricultural banks led to a significant increase in farm lending in the third quarter of 2018, according to the Kansas City Federal Reserve Bank. The total volume of non-real estate farm loans was more than 30 ...



Business Insider

$1.6 trillion in risky corporate debt ballooned after the Trump administration reversed an Obama-era policy ...
Business Insider
The total of corporate leveraged loans has hit $1.6 trillion globally, far exceeding the records set before the crisis of 2008. The loans ballooned after the Trump administration reversed a stricter Obama-era policy discouraging high leverage. Now ...


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