Student-Loan Company MOHELA Sued: Union Said It Overcharged Borrowers

The American Federation of Teachers filed a lawsuit against student-loan company MOHELA over claims it misled borrowers on payments and debt relief.

Student-Loan Company MOHELA Plays Key Role in Blocking New Debt Relief

The latest lawsuit that temporarily blocked broader debt cancellation argues the relief would harm student-loan company MOHELA, and in turn, Missouri.

Student-Loan Company MOHELA Part of Student-Debt-Relief Defeat

The majority said six GOP-led states had standing to involve a student-loan company in its lawsuit. This comes even as MOHELA denied its involvement in the lawsuit last year. The Supreme...

Student-Loan Company Involved in Lawsuit Against Biden's Debt Relief

Six GOP-led states filed a lawsuit in Missouri against President Joe Biden's student-debt cancellation. The state houses the loan company MOHELA.

Major Student-Loan Company Has 'a Growing List of Scandals': Report - Business I

The Student Borrower Protection Center said student-loan company Maximus had a history of abuse. Low-income borrowers alleged that Maximus engaged in unfair practices. A Maximus...

Industrial loan company

An industrial loan company ( ILC ) or industrial bank is a financial institution in the United States that lends money, and may be owned by non-financial institutions. They provide niche financial services nationwide. ILCs offer FDIC-insured deposits and are subject to FDIC and state regul...

A Student-Loan Company Gets Fined for 'Breaking the Law': CFPB

The CFPB fined student-loan company Edfinancial over findings the company lied to borrowers. The bureau said borrowers with FFEL loans, in particular, were misled about Public Service Loan...

Slowing Increase in Delinquency Rate of Insurance Company Loans, Stabilization o - 산경투데이

The delinquency rate on loan receivables held by insurance companies has recently shown some signs of slowing, and the non-performing loan (NPL) ratio has also stabilized. According to the "Status of Insurance Company Loan Receivables as of the End of June 2024" report released by the Financial Supervisory Service on the 26th, the balance of loan receivables held by insurance companies as of the end of June stood at 266.4 trillion KRW, a decrease of 2.2 trillion KRW from the previous quarter. ...

WeWork IPO Reveals Company Loaned $7 Million to CEO Adam Neumann - Business Insi

WeWork loaned $7 million to CEO Adam Neumann in 2016, the company revealed in the IPO paperwork it made public on Wednesday.

Student-Loan Company Navient Is Approved to Shut Down Services

Navient is the third student-loan company to shut down its federal servicing this year, as Biden's Education Dept. cracks down on federal aid abuses.