Ask Amy: Daughter won’t help pay back the loans for her education

DEAR AMY: Years ago, I took out PLUS loans to help put my daughter through college. She took out smaller loans, which she has since paid off.

She has been out of school for seven years and has a good job, while I have unexpectedly lost mine. Ive had to request a temporary forbearance on repayment of these loans.

I have asked my daughter if she could at least split the balance with me. I have not received a reply to my request. This is the second time Ive asked her about this. The first time, her answer was that she was having expensive dental problems, so she could not do it. I understood.

She does not live nearby, and we arent as close as Id like...

New Residential Investment Corp Given Average Recommendation of "Buy" by …

New Residential Investment Corp (NYSE:NRZ) last issued its quarterly earnings results on Monday, August 10th. The real estate investment trust reported $0.45 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.46 by $0.01. On average, analysts predict that New Residential Investment Corp will post $1.72 earnings per share for the current fiscal year.

Several research analysts have commented on NRZ shares. Sterne Agee CRT restated a buy rating and set a $18.00 price objective (up from $16.50) on shares of New Residential Investment Corp in a research report on Saturday, May 23rd. FBR Co. reiterated an outperform rating and issued a $21.00 price target (up from...

Pacific, Wahkiakum businesses eligible for drought-related disaster loans

SACRAMENTO, Calif. #x2014; Small, non-farm businesses in 14 Washington counties and neighboring counties in Oregon are now eligible to apply for low#x2011;interest federal disaster loans from the US Small Business Administration (SBA). These loans offset economic losses because of reduced revenues caused by the drought in the following primary counties that on began July 7, 2015, announced Director Tanya N. Garfield of SBA#x2019;s Disaster Field Operations Center-West.

Primary Washington counties: Clark, Cowlitz, Island, San Juan and Wahkiakum;

Neighboring Washington counties: Clallam, Jefferson, Kitsap, Lewis, Pacific, Skagit, Skamania, Snohomish and Whatcom;


Best Small-Business Loans for Strengthening Your Finances

If you have a strong small business, going into debt may seem counterintuitive.

But the reality is, you may need to borrow at some point to help your small business get stronger and more stable. You might refinance existing debt or invest in a business opportunity, for example.

Needless to say, when borrowing, you need to know what you’re doing. You have to pick the right kind of financing based on your small business’ needs. That’s not always easy to do, given the many choices you have for small-business loans.

Below are some online small-business lenders that can help strengthen your finances. To compare all your options, check out our list of best...

Starbucks to offer loans to staff for housing

The loans will be doled out four weeks after workers apply and will be paid back over the following 12 months through wage deductions. The program is being launched with help from British housing and homelessness charity Shelter and Starbucks expects to be handing out the first batch of loans within three months.

The average deposit for a UK rental properties reached £1,226 ($1,862) in 2014, according to Mydeposits, which provides deposit government-backed protection schemes. The UKs Royal Institute of Chartered Surveyors forecast in September that rents would increase in the near term, with housing prices seen rising 6 percent across 2015.

Starbucks new deposit program...

Franklin County Commissioners approve loans for energy efficiency

Franklin County Commissioners unanimously approved a revolving loan fund for energy-efficiency
projects Tuesday after the head of the finance authority that will administer it answered questions
about it.

Columbus-Franklin County Finance Authority President Jean Carter Ryan said the program will
fill a gap in private-sector lending and that the authority will work with a team of experts to
evaluate the loans.

Last week, Commissioner Paula Brooks questioned the authority’s ability to vet
complicated loans for energy projects and whether private banks could be used instead of taxpayer
dollars. This morning, Brooks said she had met with Carter Ryan,...

Scammers target people with student loans

The FBI is warning anyone with student loan debt to watch for phone scams.

The FBI said the callers are spoofing the number to make it look like someone from the FBI is calling you. College students from universities in various states, including Georgia and Wisconsin, said the scammer pretend to be someone from the US government or an FBI agent. The caller then claims you are delinquent on student loans or dues, taxes or even overdue parking tickets. Sometimes the caller will say you could be arrested or not graduate from school, if you refuse to pay the fees via MoneyGram.

The FBI will never call you directly requesting money, and make sure you do not give out your...

SBA Disaster Assistance–More Than Two Million Loans Approved

WASHINGTON, Sept. 29, 2015 /PRNewswire-USNewswire/ — In the aftermath of floods, earthquakes, hurricanes, tornadoes, power outages, oil spills, droughts and other calamities that have occurred since 1953, the US Small Business Administration has approved more than two million disaster loans to businesses of all sizes, non-profit organizations, homeowners and renters for a total of $53.8 billion.

During the past 62 years the SBA has expanded, updated and improved its disaster assistance operation, making it easier for disaster survivors to rebuild their lives and communities, said SBA Administrator Maria Contreras-Sweet. These two million loans demonstrate the tremendous impact...

Debt Relief for Students Snarls Market for Their Loans

Federal programs designed to ease the burden of college loans are causing snarls in the bond market and raising concerns that banks may soon ratchet back lending.

The programs, which let struggling borrowers scale back their repayments, have made student loans more affordable at a time when millions of Americans are falling behind on their student debts.

But that slowing stream of money is having a knock-on effect in the…

963 beneficiaries get loans under Mudra Bank Yojana

Tribune News Service

Bathinda, September 25

Under the Pradhan Mantri Mudra Bank Yojana, various banks of the district held a mega camp in the city today wherein 963 beneficiaries were sanctioned loans Rs 4.53 crore in the presence of Chief Parliamentary Secretary (CPS) Sarup Chand Singla.

Sarup Chand Singla said Prime Minister Narendra Modi had envisioned setting up of the Mudra Bank for small and medium traders, which had proved to be a boon for them.

He thanked the bank officers and employees for launching the programme in here today.

The CPS said the Prime Minister was aware of the problems at the grass-root level. Taking a revolutionary step, he launched...