Navient Corp. agreed to a nationwide settlement worth $198 million with private student loan borrowers who say their bills should have been discharged in bankruptcy.
Although U.S. consumers have embraced "buy now, pay later" loans in part because of marketing claims that they offer zero-percent financing, shoppers should be on their guard. Some BNPL products charge exorbitant interest rates, along with heavy fees when you miss a payment, according to Consumer Reports.
FERGUS FALLS, Minn. , July 25, 2023 /PRNewswire/ -- The CA Foundation (CAF) is excited to announce its recent donation to RIP Medical Debt, specifically targeting over $3.3 million in medical debt carried by Minnesotans. The state-specific donation allows RIP Medical Debt, a national non-profit, to pay off health care debt by purchasing past due accounts from collection agencies and medical providers.
SACRAMENTO – California Attorney General Rob Bonta today issued a legal alert to remind all employers of the state-law restrictions on employer-driven debt. Employer-driven debt is a term referring to debt incurred by individuals through employment arrangements.
Lawmakers pressed the chief executive of Colorado’s largest towing company Monday about the company’s alleged loan practices that might violate a 2022 law governing the industry.