Connect with us

Hi, what are you looking for?

Jewish Business News

Business

Discover to pay $16 Million back to student loan borrowers

Talk about kicking someone when they’re down.

student_debt USA

 

Discover made it even more difficult for thousands of student borrowers to pay back their loans by misleading them on their statements, the Consumer Financial Protection Bureau said Wednesday.

The bank must refund $16 million to customers for illegal student loan practices and pay a $2.5 million penalty, as well as pledge to improve the way it bills and collects from student loan borrowers…

For the full story, click here

CNN MONEY by Katie Lobosco

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.