Here’s what student loan debt cancellation would mean for these borrowers

Here’s what student loan debt cancellation would mean for these borrowers

Washington CNN  —  About 43 million people are waiting to find out if President Joe Biden will wipe away all or part of their federal student loan debt. In April, after facing months of pressure from other Democrats to cancel $50,000 per borrower, Biden said he was considering some broad student loan forgiveness, though a … Read more

Newtek Business Services Corp. Reports First Quarter 2022 Financial Results | News

Newtek Business Services Corp. Reports First Quarter 2022 Financial Results | News

BOCA RATON, Fla., May 04, 2022 (GLOBE NEWSWIRE) — Newtek Business Services Corp.  (“Newtek” or the “Company”) (Nasdaq: NEWT), an internally managed business development company (“BDC”), announced today its financial and operating results for three months ended March 31, 2022. First Quarter 2022 Financial Highlights Total investment income of $20.3 million for the three months ended March … Read more

I’m 62 with $100,000 in student loans and $13,000 in credit card debt. What can I do?

I’m 62 with 0,000 in student loans and ,000 in credit card debt.  What can I do?

How to get out of student loan debt Getty Images/iStockphoto Question: I work as a nurse for a small for-profit agency. I am an employee and I do not have the possibility of working overtime. I only have every other weekend where I could work overtime. I have serious medical issues with huge medical bills … Read more

Small businesses will feel the pressure of rising interest rates – here’s what to expect

Small businesses will feel the pressure of rising interest rates – here’s what to expect

This article is reproduced with permission from NerdWallet. The Federal Reserve raised interest rates by 0.25% on Wednesday March 16 – the first rate increase since 2018 – and indicated that it would gradually raise rates throughout 2022. Small business owners could feel the impact of these rate increases with more expensive loans, higher credit … Read more

Small businesses will feel the pressure of rising interest rates – here’s what to expect

Small businesses will feel the pressure of rising interest rates – here’s what to expect

This article is reproduced with permission from NerdWallet. The Federal Reserve raised interest rates by 0.25% on Wednesday March 16 – the first rate increase since 2018 – and indicated that it would gradually raise rates throughout 2022. Small business owners could feel the impact of these rate increases with more expensive loans, higher credit … Read more

I was making $100,000 a year, but I had $85,000 in debt. How to get out of debt faster

I was making 0,000 a year, but I had ,000 in debt.  How to get out of debt faster

Getty Images/iStockphoto Question: Over the past few years, I’ve racked up $85,000 in credit card debt. I had two jobs and was making $100,000 a year but once COVID hit I lost my second job and couldn’t find another that paid close to what I was making before . I joined American Consumer Credit Counseling, … Read more

Small businesses will feel the pressure of rising interest rates – here’s what to expect

Small businesses will feel the pressure of rising interest rates – here’s what to expect

This item is reproduced with permission from NerdWallet. The Federal Reserve raised interest rates by 0.25% on Wednesday March 16 – the first rate increase since 2018 – and indicated that it would gradually raise rates throughout 2022. Small business owners could feel the impact of these rate increases with more expensive loans, higher credit … Read more

Goldman Sachs is betting you’ll want a $10,000 loan from the investment bank

Goldman Sachs is betting you’ll want a ,000 loan from the investment bank

David Zalik, founder and CEO of GreenSky. Chris Hamilton | GreenSky Goldman Sachs, the 153-year-old investment bank, is now officially in the home improvement loan business as it continues to push into the finances of ordinary Americans. The bank plans to add one million customers a year to its fledgling retail division of Marcus through … Read more

Wells Fargo Expands Adoption of nCino to Transform Small Business Banking Experience | News

Wells Fargo Expands Adoption of nCino to Transform Small Business Banking Experience |  News

WILMINGTON, North Carolina, March 31, 2022 (GLOBE NEWSWIRE) — nCinoInc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that Wells Fargo and company (NYSE: WFC) will expand its use of the nCino Bank Operating System® to accelerate digital transformation within its Consumer and Small … Read more

Wells Fargo expands nCino adoption to transform Small

Wells Fargo expands nCino adoption to transform Small

WILMINGTON, NC, March 31, 2022 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that Wells Fargo & Company (NYSE: WFC) will expand its use of the nCino Bank Operating System® to accelerate digital transformation within its Consumer and Small … Read more