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Bond note
Ever wonder why prices of bonds and bond funds do what they do when interest rates fluctuate? Here’s what you need to know about how bonds work — as well as what you may think you already know that’s wrong.
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Advertisements touting reverse mortgages often leave older consumers confused about the loan terms and unaware of the risks, according to a new report from the Consumer Financial Protection Bureau.
Reverse Mortgage
If you’ve thought about taking out a reverse mortgage, be aware that new rules that recently kicked in might make it harder for you to qualify.
Benjamin Franklin on $100 Bill Silenced by Debt
Big banks are beginning to cut some slack to distressed student-loan borrowers.
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The Consumer Financial Protection Bureau gets more complaints from older Americans about debt collectors than any other issue.
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Borrowers struggling to repay private student loans say they have little choice but to default because lenders won’t revise payments to make them affordable, according to a new report by the Consumer Financial Protection Bureau.
Graduate's Cap and Money, Education Expenses
Though a small percentage of older Americans carry student loans, those who do are incurring this debt faster, have a higher default rate and, as a result, can find themselves living in poverty in retirement, according to a new report from the U.S. Government Accountability Office.
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Ace Cash Express, one of the nation's largest payday lenders, has agreed to pay a $10 million settlement over its collection practices.
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Just as the Federal Reserve Bank of New York is raising concern about growing student loan debt and defaults, President Barack Obama is moving to expand a repayment program aimed at helping lower-income borrowers.
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Are consumers'  credit scores unfairly dinged by medical debt?
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