How This Family Went From Debt to a Seven-Figure Net Worth
When they first got together, Andy and Nicole Hill thought they were doing fine financially. They made about $130,000 a year. They bought what they wanted and went out to …
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FTC Sends More than $273,500 in Refunds to People Who Lost Money to Student Loan Debt Relief Scheme
WASHINGTON, D.C. — The Federal Trade Commission is sending more than $273,500 in refunds to people who lost money to a student loan debt relief scheme that charged them illegal …
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AMETEK Announces New Term Loan
BERWYN, PA — AMETEK, Inc. (NYSE: AME) announced that it has entered into a new five-year, delayed draw, bank term loan for up to $800 million with existing lenders under …
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Expansion of COVID-19 Emergency Flexibilities to Additional Federal Student Loans in Default
WASHINGTON, D.C. — The U.S. Department of Education recently announced an expansion of the pause on federal student loan interest and collections to all defaulted loans in the Federal Family Education …
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Department of Education Discharges Over $1.6 billion in HBCU Capital Finance Debt
WASHINGTON, D.C. — The U.S. Department of Education recently discharged approximately $1.6 billion of debt provided to Historically Black Colleges and Universities (HBCUs) that participate in the HBCU Capital Financing …
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Department of Education Announces Action to Streamline Borrower Defense Relief Process
WASHINTON, D.C. — The U.S. Department of Education (Department) announced it will streamline debt relief determinations for borrowers with claims approved to date that their institution engaged in certain misconduct. …
Read MoreConsumer Financial Protection Bureau Encourages Financial Institutions and Debt Collectors to Allow Stimulus Payments to Reach Consumers
WASHINGTON, D.C. — Consumer Financial Protection Bureau (CFPB) Acting Director Dave Uejio recently issued the following statement regarding consumers’ access to Economic Impact Payment (EIP) funds distributed through the American …
Read MoreFederal Government Takes Action Against Operators of An Unlawful Student Loan Debt-Relief Scheme
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) is seeing a student loan debt relief company, its owner, and manager for allegedly charging thousands of consumers more than $3.5 …
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VA Offers Continued Debt Relief Options to Veterans
WASHINGTON, D.C. — The Department of Veterans Affairs (VA) recently reaffirmed its commitment to extend debt relief for Veterans through Sept. 30.
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Federal Government Acts to Ban Payday Lender from Industry, Forgive Illegal Debt
WASHINGTON, D.C. — The owners and operators of a vast payday lending scheme that overcharged consumers millions of dollars will be permanently banned from the lending industry under the terms …
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