As Democrats Push For Vote On Sen. Elizabeth Warren’s Student Loan Debt Refinancing Bill, Dozens Of Groups Step Up To Endorse It | Masslive.com

How to Get Approved For a Car Loan with Bad Credit and No Cosigner? – Business Updates – Dacula, GA Patch

On Wednesday, several organizations centered on everything from education and lending to labor and progressive activist groups announced they were backing the legislation . “Right now, homeowners can do it. Businesses can do it. Even local governments can refinance their debts when interest rates are low. But most people have no options for their student loans,” Warren said in an email to supporters this week. “The idea behind this bill is simple. Last year, Republicans and Democrats came together to lower the interest rates on new undergraduate loans to 3.8%. But nothing was done for the millions of people who have older student loans at 6%, 8%, 10% and even higher interest rates. They were just stuck paying — and paying and paying.” Which is why Warren’s bill would allow people to refinance student loans under the current rates.
Puedes ver la version sin traducir en http://www.masslive.com/politics/index.ssf/2014/06/as_democrats_push_for_vote_on.html

RLPC-Rosneft loan going ahead despite UK banks’ exit – bankers
| Reuters

You can purchase either a Mortgage Reducing Term Assurance (MRTA) or Mortgage Reducing Term Takaful (MRTT). Depending on the terms of conditions, most of these insurance plans will ensure that your current home loan will be settled should you face total and permanent disability, or death. Stamp duty and legal fees You will need to hire a lawyer to prepare your sales and purchase agreement in addition to your loan agreement, and pay the necessary government stamp duties according to the stipulated regulations. Note that some banks offer a fee waiver or discount on stamp duty. Always ask about fee reductions when taking to your loan officer. Delays and penalties The process of purchasing a property is long and drawn out. Take note that you may be penalised if there are any delays in the completion of the paperwork. Speak to your lawyers and ensure you are aware of any deadlines for payments and draw-downs. Building maintenance fees A common burden for those buying an apartment or condo. This is a monthly fee that must be paid to enjoy the services offered in your condominium. Utility deposits Basic necessity bills required to obtain electricity, telephone and water supply.
Puedes ver la version sin traducir en http://www.freemalaysiatoday.com/category/money/2014/06/05/home-loan-basics-for-first-timers/

Warren: Student loans are a ‘one-two punch’ for women – UPI.com

Rosneft, BP and Lloyds declined to comment while HSBC could not immediately be reached for comment. Lloyds is 25 percent-owned by the British government, which has repeatedly condemned Russia over its annexation of Crimea in March and accused it of involvement in a separatist rebellion in eastern Ukraine. Moscow denies the charges but Rosneft chief Igor Sechin has been hit by U.S. sanctions as part of a broader move to punish Russia for its seizure of Crimea from Ukraine. The loan was launched to banks in late November at $5 billion but progress has been slow and it was reduced to up to $2 billion in April. Bankers said the deal still has enough support from lenders to go ahead despite the loss of Lloyds, which walked away this week followed by HSBC. “All the other banks are still in the deal, I don’t think it will have any impact, we are surprised they were there in the first place,” a second banker said. In April Royal Bank of Scotland, which is 80 percent owned by the British government, also walked away from a $1 billion club loan for Russian petrochemicals company Sibur. Bankers are watching to see whether Deutsche Bank will continue to support the deal but said the lender was not under the same political pressure as British banks.
Puedes ver la version sin traducir en http://www.reuters.com/article/2014/06/05/idUSL6N0OM3HS20140605

Home loan basics for first timers | Free Malaysia Today

Couple in New Home Taking Picture of Themselves with Cell Phone

Massachusetts Sen. Elizabeth Warren , the bill’s sponsor , positioned the measure as key to reducing a drag on the national economy caused by the $1.2 trillion in student debt held by Americans. “It is a drag on our economy,” Warren said. “It’s harder for young people to buy homes, to start businesses, and to begin their economic lives.” Warren, flanked by fellow Democrats Barbara Mikulski of Maryland, who sponsored the equal pay legislation blocked by Republicans last month , Dianne Feinstein of California, Patty Murray of Washington, Debbie Stabenow of Michigan, Tammy Baldwin of Wisconsin, and Maisie Hirono of Hawaii, called the combination of soaring student loans and paycheck inequality a “one-two punch for women.” Although the number varies depending on how it is measured, most studies find women earn between 15 and 33 cents less than men when equally qualified to do the same work. The number for college-educated women, the senators said, is $0.82. “Young women are working hard to build an economic future for themselves,” she said. “Right now, they face an extra tax.” The Banking on Students Emergency Loan Refinancing Act would allow student borrowers to refinance their loans to 3.86 percent interest — the level matching the level set by Congress last year for new borrowers and would be paid for by enacting the so-called Buffett Rule that eliminates a tax loophole allowing millionaires to pay low tax rates. “Young women are hit by a double whammy by ever-increasingly high student debt,” Mikulski said. “They deserve a fair shot at higher education they can afford.” Research has showed that, despite the continued value of holding a college degree, the rising costs have weighed increasingly heavily on America’s young people. Rohit Chopra, the student loan ombudsman at the Consumer Financial Protection Bureau, testified before the Budget Committee Wednesday that multiple studies have found student debt has kept an entire generation from buying homes, starting businesses and saving for retirement.
Puedes ver la version sin traducir en http://www.upi.com/Top_News/US/2014/06/04/Female-senators-tie-college-loan-push-to-equal-pay/2071401890697/

The government doesnt have the resources and tools to easily manage all of these loans, so they contract it out to financial companies that are better suited to do it. However, thats where students can run into trouble. Since the government has passed the buck, what is a student to do if the company handling the loan messes up? You need to be vigilant What Student Loan Servicers Do The student loan servicing companies are designated by the Department of Education to collects payments, responds to customer service inquiries, and perform other administrative tasks associated with maintaining a federal student loan. Once you apply for a Federal Student loan, the Department of Education assigns your loan to one of its designated loan servicing companies. These companies will disperse the loan to your school, send your statements, and then collect your payments once you graduate. These companies are also the ones that can help with different student loan repayment plans, as well as deferment and forbearance needs. Finally, they are also the ones that will try to collect on loans that havent been paid, including reporting borrowers to the credit bureaus and seeking wage garnishments. These companies are essentially the paperwork keepers for your student loan.
Puedes ver la version sin traducir en http://www.forbes.com/sites/robertfarrington/2014/06/03/is-your-student-loan-servicer-ruining-your-credit/

Is Your Student Loan Servicer Ruining Your Credit? – Forbes

However finance companies operating on the internet can give loans on the basis of their employment potential. Steps of availing a car loan with bad credit history The major steps which can show how to get pre approved for a car loan are: The loan seeker needs to find an internet based finance company that disburses pre approved car loans for bad credit. The loan seeker must also contact a lawyer who can highlight the minimal credit worthiness of the person applying for a loan. Students must file the prospectus of the institution along with the application form for gettingapproved for a car loan with bad credit . The loan seeker must provide some mortgage if the terms of the agreement says so. It is also necessary to insure the unsecured loan so that in case of bankruptcy the borrower can settle his credit from the insurance company. What are the possibilities of getting a loan with a bad credit history? The act of getting pre approved for a car loan is not a very difficult one. It does not take a great deal of work.
Puedes ver la version sin traducir en http://dacula.patch.com/groups/business-updates/p/how-to-get-approved-for-a-car-loan-with-bad-credit-and-no-cosigner

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