News
What is INvest Ed? Indiana's own student loan provider could see a surge in demand
22+ min ago (960+ words) (Indiana Capital Chronicle) - A little-known nonprofit created by Indiana lawmakers more than four decades ago could become a major lender for student loan borrowers. The Indiana Secondary Market for Education Loans " which operates under the name INvest Ed " issues private…...
Desenrola Fies: Find out how to get a discount on your student debt
10+ hour ago (595+ words) This week, the Ministry of Education (MEC) opened the deadline for joining Desenrola Fies 2026, a student loan debt renegotiation program with discounts that can reach 99% of the outstanding balance. The initiative is valid for contracts signed until 2017 and includes students…...
What is INvest Ed? Indiana's own student loan provider could see a surge in demand - WPTA | 21 Alive | Fort Wayne, IN
1+ hour, 34+ min ago (960+ words) (Indiana Capital Chronicle) - A little-known nonprofit created by Indiana lawmakers more than four decades ago could become a major lender for student loan borrowers. The Indiana Secondary Market for Education Loans " which operates under the name INvest Ed " issues private…...
Scholar Net Launches Six-Digit Private Student Loan Certification, Advancing Industry Readiness
5+ hour, 4+ min ago (251+ words) Private loan processing platform enables financial aid offices to certify individual private loans exceeding $99, 999, meeting demand driven by changes to federal graduate lending programs Scholar Net addressed this challenge by collaborating with major industry partners and leveraging an existing capability…...
Credit scores hit 12-year low as debt crisis deepens across US
13+ hour, 43+ min ago (485+ words) Credit scores just hit a twelve-year low as American debt spirals to record levels. The average FICO score dropped to 714, marking the steepest decline since 2014. Student loan repayments and mortgage delinquencies are crushing consumer finances alongside inflation hitting 3. 8% annually. Student…...
Ginnie Mae flags IMB outliers, TPP delinquencies, Show Me risk
5+ hour, 56+ min ago (572+ words) Ginnie Mae President Joseph Gormley said issuer risk has shifted toward IMBs, with some outliers holding risk-layered portfolios. He said FHA delinquency increases largely reflect TPP loans, and the agency is accelerating loan-level transfers and pursuing a partial claims fix…...
Daily 5 report for May 18: What's driving the rise in subprime car loans?
7+ hour, 19+ min ago (31+ words) Automotive News Daily 5 report for May 18: What's driving the rise in subprime car loans?...
Gen X Debt Crisis May 18: Student Loans Hit $48 K Average
12+ hour, 16+ min ago (334+ words) Gen X carries highest average student loan debt at $48, 203 for ages 50-61. Sandwich generation faces triple burden: mortgages, aging parents, and children's college costs. About 6. 4 million federal borrowers in Gen X struggle with debt repayment. The burden intensified as these borrowers…...
When 'no one is minding the store' for student-loan borrowers - AOL
1+ week, 16+ hour ago (1135+ words) This is the second story in Business Insider's new series, "Student debt spiral," examining the companies, policies, and financial pressures reshaping how Americans navigate college loans. Read the first, about what happens when borrowers are told their loans are paid…...
4 things retirees should do immediately after receiving a garnishment notice - AOL
4+ day, 10+ hour ago (354+ words) But while receiving a garnishment notice can feel overwhelming, retirees may have more options than they realize. The steps taken in the hours and days after receiving that notice can play a major role in determining how much income is…...