May 22, 2012

2010-2011 Federal Student Loan Interest Rates

Hello folks! In our rush of excitement over the passing of SAFRA, we forgot to blog about this year’s federal student loan interest rates. Here is the complete listing, all in one place for convenience: Undergraduate Unsubsidized Direct Stafford Loan: 6.80% APR Subsidized Direct Stafford Loan: 4.50% APR Graduate Unsubsidized Direct Stafford Loan: 6.80% APR [...]

Medical Bankruptcy

Consumer Debt Rose $21 Billion Last Month Thanks to Credit Card Use

The total amount of consumer credit circulating in the United States rose by more than $21 billion last month, raising concerns that more people … [Read More...]

ResCap Files For Bankruptcy, Eyes Paying Back Taxpayer Bailout Money

Ally Financial Inc’s mortgage unit, named Residential Capital (ResCap for short), filed for bankruptcy on Monday, according to Reuters. Ally … [Read More...]