Topic: Consumer Credit and Debt

Democrats look to resurrect college aid plan

Health care plan could also help resurrect college aid planCongressional Democrats want a stalled overhaul of college aid programs to get strapped onto a fast-track health care bill, giving both Obama administration priorities a better chance of passage. The student loan measure would be the biggest change in college assistance ...
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Obama's proposed student loan overhaul gets boost

WASHINGTON (Reuters) - President Barack Obama's stalled bid to overhaul the federal student loan program by cutting subsidies to private lenders and increasing aid to students received a boost on Friday. Democratic congressional leaders agreed to fold Obama's student-loan proposal into a bill aimed at winning final approval of ...
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Treasury says 1 million homeowners in loan modifications

WASHINGTON (Reuters) - An Obama administration program to help struggling homeowners modify their mortgages has more than one million active borrowers, though fewer than 10 percent have obtained permanent loan modifications, according to a Treasury Department report released on Friday. The report said there were 1,003,902 active loan modifications ...
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Having Bad Credit Is A Growing Problem In America

Having bad credit is a growing problem in this country. But getting a car loan if you have bad credit is another problem for a lot of people. Just because a person has bad credit doesn?t mean they aren?t going to need to purchase things to get through ...
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