Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez have been garnering attention for a new proposal that would cap credit-card interest rates at 15 percent per year. They call it the Loan Shark Prevention Act, a provocative name that has nothing to do with curtailing the practices of “loan sharks” as traditionally defined.
A “loan shark,” as the American Heritage Dictionary puts it, is “one who lends money at exorbitant interest rates, especially one financed and supported by an organized crime network.” Mr. Sanders and...
When I play the Single digit handicappers on My Men’s Group... it’s referred to as, “Swimming with the Sharks!”
When I want to get my daughter out of the swimming pool I tell her I spotted the chameleon pool shark.
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Before the billionaire’s student-loan gift, this student had to leave Morehouse due to financial pressuresMorehouse grads had their lives changed by one billionaire's pledge to wipe out their loans. His stunning gift came too late for this student: The compulsion to shit on good things that you all apparently suffer from is incredible.
Source: MarketWatch - 🏆 3. / 97 Read more »
British Steel goes into liquidation after failing to secure loanBritish Steel, the country's second largest steel producer, has collapsed a... 🤣🤣🤣🤣 Judas Priest, that was a good album RULE BRITANNIA
Source: Reuters - 🏆 2. / 97 Read more »
The Growing Trend Of Retiree Student Loan DebtThe number of seniors with student loan debt continues to grow, and it's a problem that many families will have to face together. why not focus on why higher education costs are rising faster than the rate of inflation This is modern day slavery. Student loans aren't something that retirees want to still think about especially when living off of a fixed income. However, a reverse mortgage can bring a lot of hope to this situation - can give you extra monthly income and help pay off student debt! ReverseMortgage
Source: Forbes - 🏆 394. / 53 Read more »
The Growing Trend Of Retiree Student Loan DebtThe number of seniors with student loan debt continues to grow, and it's a problem that many families will have to face together.
Source: Forbes - 🏆 394. / 53 Read more »
Billionaire pledges to pay off student loan debt for Morehouse College class of 2019Robert F. Smith surprised the nearly 400 graduates of the historically black, all-male college during his commencement address. What a nice thing to do. It would be nice if bill gates would follow his lead This is PHENOMENAL!! Good for those young men. Damn wish someone paid my college off for me
Source: USATODAY - 🏆 100. / 63 Read more »
British Steel rescue loan is worst of bad optionsThe UK’s second-largest steel producer may fail without state credit. Politicians can nationalise the company if they want to save thousands of jobs in a strategic sector. Or they could let the group go bust. The worst outcome is a short-term fix that bails out private owners.
Source: Breakingviews - 🏆 470. / 51 Read more »
Trump took out 30-year loan on $18.5 million home in 2018Trump took out 30-year loan on $18.5 million home in 2018 via GingerGibson JuliaHarte1 Will he be there for 30 years ? Dump makes losing money profitable. That's been an open secret for about 30 years Ok. He’s got it and can pay it back.
Source: Reuters - 🏆 2. / 97 Read more »
Elizabeth Warren calls Navient ‘scammers’ after student loan giant celebrates making the Fortune 500The company is facing multiple lawsuits from the CFPB and states attorneys general. Coming from Fauxcahontas, that's rich. What about the higher education 'scammers' who grossly overprice their product?
Source: MarketWatch - 🏆 3. / 97 Read more »
This Billionaire Just Pledged To Pay Off Everyone's Student Loan Debt In The Morehouse Class of 2019This billionaire just pledged to pay off everyone's student loan debt in the Morehouse Class of 2019: O camarada pagou o “FIES” de toda a galera!! I hope the trend becomes paying it forward to other generations of graduates as these graduates go on to success without the burden of StudentLoanDebt Would be glad to invite him across border to settle a few here in Kenya too.
Source: Forbes - 🏆 394. / 53 Read more »
Thinking of cosigning a student loan for your child? You might regret itAs the cost of college rises, more parents are cosigning private loans for their children's education. That move can leave them on the hook for the debt if their child struggles to repay it themselves. Go to USC like OJ and be a big star Junior college, scholarships, pay-as-you-go, apprenticeships, etc... should all be considered. Signing up for $30k per year tuition/loans just feeds the beast.
Source: CNBC - 🏆 12. / 72 Read more »