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Good News For Student Loan Holders (KPSP Local 2) |
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Repayment of student loans may soon get a bit easier, when a new government payment option begins to provide relief for those struggling to make payments.
Fitch: Ratings Impact Unlikely for U.S. FFELP Student Loan ABS on IBR Plan (Business Wire via Yahoo! Finance)
NEW YORK----While the newly implemented Income Based Repayment plan presents moderate implications for U.S. FFELP student loan ABS trust performance measures, FFELP ratings are expected to remain stable, according to Fitch Ratings.
Banks raise their loan interest rates 'under the radar' to boost their profits (Daily Mail)
Banks raise their loan interest rates 'under the radar' to boost their profits
GM's Opel deal with Magna not a sure thing (Detroit News)
From the outset, the rescue deal announced on May 30 for General Motors Corp.'s German carmaker Adam Opel GmbH showed cracks.
Some college loan payments will be linked to income (San Jose Mercury News)
For the first time in years, there is good news for college students who borrow to pay for their education.
G.M. Said to Seek Alternate Buyers for Opel (New York Times)
As General Motors and the auto-parts company Magna International struggle to conclude a deal for Opel , G.M. is talking to other potential buyers in a bid to win better terms, according to the officials involved in the negotiations, The New York Timess Nelson D. Schwartz and David Jolly report.
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