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News
A GOP proposal could snatch your student loan payment right from your paycheck

Student loan borrowers would have their monthly bills automatically deducted from their paychecks if a Republican-backed proposal becomes law. Sen. Lamar Alexander, R-Tenn., chairman of the Senate Health, Education, Labor and Pensions Committee, laid out the details of the massive overhaul to the student loan system in a speech earlier this month. The changes could […]

02/28/2019
News
State to Pay Loans to Boost Mental Health Care in Rural Counties

The Indiana Department of Health is hoping to entice mental health care professionals to work in rural and opioid-stricken counties in the state by offering to help pay their student loans. “This program will help bring more qualified medical professionals to rural Indiana communities and expand access to quality treatment for individuals with substance use […]

02/28/2019
News
Student loan debts top $1 trln in US

The student loan industry is booming, saddling over 37 million college students and graduates with $1.08 trillion in loans in 2013, even as President Barack Obama and lawmakers work to rein in the crippling debt young people face in the US. The average cost of a Bachelor’s degree at a private college or university is […]

02/27/2019
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APR Disclosure. Some states have laws limiting the Annual Percentage Rate (APR) that a lender can charge you. APR for installment loans, secure personal loans, tribal loans, home loans and car title loans range from 6.63% to 1386% and vary from the lender and the state, APR for personal loans range from 4.99% to 450% and vary from the lender and the state, APR range for small business loans from 7% to 30%and vary from the lender and the state. Loans from a state that has no limiting laws or loans from a bank not governed by state laws may have an even higher APR. The APR is the rate at which your loan accrues interest and is based upon the amount, cost and term of your loan, repayment amounts and timing of payments. Lenders are legally required to show you the APR and other terms of your loan before you execute a loan agreement. APR rates are subject to change.
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