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How does an installment loan work?
Some of the features that come with installment loans
Use the money for any purpose, from Vacation to Debt Consolidation.
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Payday and title loans give borrowers quick access to cash for a short time. With a title loan, lenders place a lien on a car owner’s car title in exchange for a loan.
NORC at the University of Chicago is conducting a survey on behalf of the American Economic Association (AEA) about the professional climate in economics.
During Ally Financial’s earnings announcement today (transcript here), CFO Chris Halmy revealed that the FDIC has given permission for the bank to start using FDIC insured deposits for auto loans with credit scores as low as 620.Previously, Ally could only use deposits for loans to borrowers with 650 or higher credit scores.
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Source: iStock. More than 11% of America’s student loan payments are more than 90 days delinquent or, even worse, in default. But the Department of Education is hopeful its new student loan servicing system, slated to debut in 2019, will get federal loan borrowers back on track.
This Article presents a new frame of reference for thinking about the federal government’s complicity in supporting the domestic slave trade in the antebellum United States.