By Sara Russell and Angeline Jane Bernabe, ABC News (NEW YORK) -- When it comes to taking out loans, the decision to go into debt is a huge financial commitment that requires a lot of thought and planning. For Jeff and Mark... Read More.
By JUSTIN GOMEZ and SARAH KOLINOVSKY, ABC News(WASHINGTON) -- President Joe Biden announced changes to the Paycheck Protection Program (PPP) Monday afternoon, including a two-week window that only allows businesses with fewer than 20 employees to apply for loans, and... Read More.
By JUSTIN GOMEZ, ABC News (WASHINGTON) -- President Joe Biden will announce changes to the Paycheck Protection Program (PPP) on Monday afternoon that includes a two-week window that only allows businesses with less than 20 employees to apply for loans, and includes improvements... Read More.
BY: MARLENE LENTHANG, ABC NEWS (WASHINGTON) — President Joe Biden is facing backlash for rejecting a proposal to cancel $50,000 in student debt and stating point-blank, “I will not make that happen.” During a CNN town hall on Tuesday, an attendee asked Biden about... Read More.
By ANGELINE JANE BERNABE, ABC News (NEW YORK) -- Dominique Jackson is a journalist from Columbus, Ohio. In December, she celebrated paying off her $30,000 in student loans in three years by following advice from financial gurus Dave Ramsey and Tiffany the Budgetnista... Read More.
BY: ABC NEWS (WASHINGTON) — In a contentious hearing on Capitol Hill, Senate Democrats grilled Treasury Secretary Steven Mnuchin over his decision to end several Federal Reserve emergency loan programs financed through the CARES Act. In his opening statement, Sen. Sherrod Brown, D-Ohio, excoriated... Read More.
By Seni Tienabeso, Lindsey Griswold, and Anthony Rivas, ABC News(NEW YORK) -- By his account, Elie Kirkland shouldn't have been at Morehouse College's commencement last year, when billionaire Robert Smith pledged to the class of 2019 to "put a little... Read More.
By CATHERINE THORBECKE, ABC News(WASHINGTON) -- After a years-long battle, the Consumer Financial Protection Bureau has rolled back a series of proposed limitations to payday loans in a move advocacy groups call a "grave error" that could potentially trap vulnerable... Read More.