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COVID-19 Economic Injury Disaster Loans can be settled with smaller 'hardship' payments, SBA says
Newsday· 1 day agoBusinesses and nonprofits having trouble repaying their COVID-19 Economic Injury Disaster Loan can avoid a costly default by requesting to make smaller ...
What Causes Inflation?
GoBankingRates via AOL· 14 hours agoInflation has been one of the bugaboos of the post-pandemic era, increasing from 2.3% in December 2019, as measured by the Consumer Price Index, to 9.8%...
What are the pros and cons of a reverse mortgage, and is it right for me?
CNN.com· 7 days agoTapping your home’s equity with a reverse mortgage may sound like the ideal way to supplement your...
Joplin man draws federal prison time on fraud schemes totaling $300,000
The Joplin Globe, Mo. via Yahoo Finance· 2 days agoMay 21—SPRINGFIELD, Mo. — A federal judge sentenced a Joplin man Tuesday to five years and three months in prison for defrauding a federal government loan program and conducting ...
Updated: CFPB Extends Sec. 1071 Compliance Deadlines After Surviving Community Financial | JD Supra
JD Supra· 4 days agoUPDATE: Minutes after the below QuickStudy was published, the CFPB declared that it will issue an interim final rule to extend compliance deadlines for the Final Rule. The CFPB’s alert discussing ...
Private Credit Fund Takes Rare Step of Limiting Inflows to Cope With Demand
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- HPS Investment Partners has taken the rare step of limiting inflows in one of its...
What Is An Unsecured Loan?
Time Magazine· 5 days agoUnlike secured loans, unsecured loans are not backed up—or “secured”—by a piece of physical collateral, like a house or a car. Perhaps most importantly,...
CFPB Averts Disaster at Supreme Court, But Challenges Remain | National Law Journal
Law.com· 6 days agoIn its ruling Thursday, the Supreme Court rejected a challenge from the payday loan industry to the...
The 11 Best High-Yield Savings Accounts of May 2024
Penny Hoarder via AOL· 6 days agoSome of the links in this post are from our sponsors. We provide you with accurate, reliable information. Learn more about how we make money and select...
Power restored to most hit by deadly Houston storm with full service expected by Wednesday
Newsday· 4 days agoThe widespread destruction of Thursday’s storms left at least seven dead and brought much of Houston...