Borrowers who receive student loan forgiveness are relieved of their duty to repay a portion or all of their federal student loan debt. The recent high-profile failure of numerous for-profit...
This is going to be a lucky year for folks that qualify for the $1.1 billion loan cancellation plan by the federal government. See below if you qualify. The U.S. Department of Education announced...
In just reported second-quarter results, JPMorgan posted a $2.3 billion benefit from releasing $3 billion in loan loss reserves after the bank took $734 million in charge-offs. In the first quarter, t...
Banking giant Wells Fargo wrote to customers on Thursday that it was shuttering all personal lines of credit in the coming weeks, and will no longer offer the product.The news sparked mixed feelings a...
Covid is affecting Airline businesses but with a huge bailout from the government, United Airlines is flexing with new airplanes, along with newly designed interiors. This will allow the company...
Wells Fargo has fulfilled the pledge it made last year to invest $50 million in Black-owned banking institutions.In a press statement released yesterday, the company disclosed that it made equity-capi...
Delaware State University is cancelling up to $730,655 in student debt for the recent graduates who have faced financial hardship during the COVID-19 pandemic. The historically Black university h...
People will likely require a third shot of the COVID-19 vaccine, instead of just two, as immunity against the virus weakens. This was disclosed by the chief medical officer of BioNTech, a German biote...
PPP loan for small business 2021The Paycheck Protection Program (PPP) was created in 2020 amid the coronavirus pandemic to support businesses that were the hardest hit. There had been some controversi...
Black investment bank, Siebert Williams Shank & Co’s Clear Vision Impact Fund said on Thursday that it is set to begin giving loans to small businesses that are either minority-owned or small bu...