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Kern Firms Received Nearly $ 1 Billion In P3 Funds | New

Nearly $ 1 billion went directly to businesses in Kern County this year as part of the Paycheck Protection Program intended to keep small businesses afloat amid the economic fallout from the pandemic, data shows federal laws released earlier this month. The massive federal aid program has provided more than …

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Ministry of Education suspends collections for defaulting borrowers

Today, the US Department of Education announced it will stop collections for approximately 1 … [+] million student borrowers in default under the old banking student loan system. (Photo by: Robert Knopes / Education Images / Universal Images Group via Getty Images) Education Images / Universal Images Group via Getty …

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Loan commitments fall for the first time in months

New mortgage commitments fell for the first time since May 2020, with new home owner-occupant loan commitments also falling. Australian Bureau of Statistics (ABS) loan indicators data for February 2021 showed new housing loan commitments fell for the first time since May 2020, falling 0.4% to $ 28.6 billion. dollars …

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More and more home loans go into forbearance thanks to Covid-19

Covid-19 has led to a sharp increase in the amount of forbidden loans, reaching 6% in mid-April, according to data from the Mortgage Bankers Association (Credit: iStock) The number of mortgages for which borrowers defer payments has risen sharply, according to new data from a financial industry group. For the …

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It’s official: student loan rates will double on Monday

Millions of students will see the interest rates on their student loans double. Through SHELBY BREMER, Credit.com June 29, 2013, 12:35 • 3 minutes to read Share on FacebookShare on twitterEmail this article June 29, 2013 ?? – More than 7 million students will see interest rates on their student …

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