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Nation’s smallest small businesses get left behind during COVID-19 – Voice and Viewpoint
In late March, Congress approved the Coronavirus Aid, Relief, and Economic Security Act, known as the CARES Act, setting aside $376 billion in funding for American workers and small
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Source: Voice and Viewpoint – Voice and Viewpoint Newspaper
Sponsored by NSBE Boston
Family Bank books 85pc rise in profit on improved lending
Family Bank books 85pc rise in profit on improved lending
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Source: Business Daily
Taking Charge of Your Credit Debt | GreenPath Millennial Money | The Michigan Chronicle
By Jordan Woods A recent study has shown a 4% increase in U.S. adults carrying credit card debt. About 23% of existing credit cardholders have added to their current debt due to the pandemic. COVID-19 is directly impacting consumers’ ability to manage credit card debt.  Healthy credit usage is
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Source: Michigan Chronicle - Powered by Real Times Media
Sponsored by Intellitech
$3 trillion HEROES Act promises more COVID-19 relief - The Bay State Banner
The economic effects of a raging pandemic are affecting people of all races, backgrounds, and educational levels. And an unfortunate pattern continues: families hardest hit by the Great Recession are again disproportionately
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Source: The Bay State Banner
Sponsored by Eastern Bank
Uganda's Debt Burden As Financial Year Closes
According to International Monetary Fund (IMF), although the debt stock would increase to respond to the emerging financing needs, debt dynamics would remain sustainable and Uganda would remain at low risk of debt distress, with public debt projected to rise above 54 per cent of GDP in FY 2021/22
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Source: allAfrica.com
Rwanda to Finance 39% of Budget With External Loans
[East African] Rwanda will turn to international lenders to fund its budget deficit for the 2020/2021 financial year due to reduced domestic revenues from a slowdown in economic activities caused by Covid-19 impact.
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Source: allAfrica.com
Kenya: Treasury Plans Sh100bn SME Loans Cover Entity
[Nation] The Treasury plans to help set up a private sector-led company to de-risk lending to credit-starved small traders after the successful launch of a similar firm for homeowners.
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Source: allAfrica.com
Elizabth Warren Wants Joe Biden To Cancel Student Loan Debt
Massachusetts Senator Elizabeth Warren is pushing President-elect Joe Biden to maneuver around Congress and cancel student loan debt for millions.
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Source: Black Enterprise - The Premier Resource for Black Entrepreneurs and Career, Tech, and Money Content for Black People - Black Ent
Study Says Student Loan Forgiveness Will Benefit Low Income Students
According to a new research study, cancelling $50,000 in student loan debt for all borrowers would help lower-income debtors far more than rich ones.
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Source: Black Enterprise - The Premier Resource for Black Entrepreneurs and Career, Tech, and Money Content for Black People - Black Ent
Tough loan guarantee terms for small firms
Only micro, small and medium enterprises with a maximum annual turnover of Sh100 million and 250 employees will qualify for loans guaranteed by the government.
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Source: Business Daily
Sponsored by Association of Latino Professionals For America (ALPFA) Boston Professional Chapter
After selling their house to live in an RV, this couple made over $80k a year traveling the U.S.
Karen Akpan grew up in Cameroon and later migrated to the United States when she was 15 years old. She attended both undergrad and graduate school at Cal State Northridge and accrued a student debt of $70,000. In 2011, she got married to Sylvester who also had student debt of his own. The couple
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Source: Face2Face Africa - The Premier Pan-African Voice
Democrats call on Biden to cancel up to $50K of student loan debt - TheGrio
Prominent Democrats are calling on President Joe Biden to authorize the cancellation of up to $50,000 in student loan debt... View Article The post Democrats call on Biden to cancel up to $50K of student loan debt appeared first on TheGrio.
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Source: theGrio
Sponsored by Greater Boston Veterans Collaborative
Africa: Zambia's Debt Default - A Lose-Lose Situation
[allAfrica] It's almost a year since the start of the COVID-19 pandemic, and no country has been spared the brutal economic and social impact.
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Source: allAfrica.com
Sponsored by Illinois Math and Science Academy
US consumer borrowing up $16.2 billion in September : TheGrio
WASHINGTON (AP) — U.S. consumers increased their borrowing in September, helped by the first gain in the category that covers... View Article The post US consumer borrowing up $16.2 billion in September appeared first on TheGrio.
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Source: theGrio
Namibia: Agricultural Lender Disburses Loans to the Value of N$217 Million Amid Covid-19 Pandemic
[Namibia Economist] Agricultural lender, Agribank, despite the uncertainties brought by the COVID-19 pandemic, delivered solid financial results for a fifth consecutive year, according to an annual report for the 2020/21 Financial Year released on Thursday.
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Source: allAfrica.com
If a Stranger Offers you Student Loan Forgiveness, Hang Up - Voice and Viewpoint

By Anna Helhoski of NerdWallet Student loan scammers have a brand-new hook: 'Biden student loan forgiveness' or 'stimulus forgiveness.' Behind the pitch is the same old fraudster playbook, one that persuades federal student loan borrowers to pay for services they could get for free or to share

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Source: Voice and Viewpoint – Voice and Viewpoint Newspaper
Stop killing your people, Mthuli told
FINANCE minister Mthuli Ncube’s charm offensive to international financiers for help to revive Zimbabwe’s troubled economy has hit a brickwall amid loud calls of political and economic reforms. by Blessed Mhlanga Paris Club chairperson Odile Renaud Basso, responding to an SOS sent by Ncube, told
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Source: NewsDay Zimbabwe - Everyday News for Everyday People
Banks restructure Sh679bn loans on corona cash crunch
FILE PHOTO | NMG
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Source: Business Daily
Kenya: Family Bank Profit Jumps 75% in First Six Months
[Nation] Family Bank reported a 75.2 per cent net profit growth in the half-year ended June on the back of higher interest income.
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Source: allAfrica.com
This Week’s Senate Calendar: May 17-21, 2021
Here’s what’s on tap at the V.I. Legislature this week.
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Source: St. Thomas Source | The trusted independent voice of the Virgin Islands community
Rep. Ayanna Pressley Urges President Biden to Erase $50,000 of Federal Student Loan Debt
U.S. Rep. Ayanna Pressley has called on President Joe Biden to use his power as commander-in-chief to erase upwards of $50,000 of federal student loan debt.
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Source: Black Enterprise - The Premier Resource for Black Entrepreneurs and Career, Tech, and Money Content for Black People - Black Ent
Can Student Loans Ever Be Part Of A Bankruptcy Filing?
The big question here is whether a student loan can be a part of a bankruptcy
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Source: ThyBlackMan
Sponsored by BARBinc
Black Student Loan Debt Should Be An Issue For All Of Us
Black people often end up in the demographic struggling to repay student loan debt for a variety of socio-economic reasons caused by systemic racism that wreaks havoc on generation after generation in a cruel cycle of poverty and resource
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Source: NewsOne
Biden Extends Student Loan Repayment Pause to Jan. 31 
The White House announced Friday that it's extending the federal student loan payment moratorium to January 31, NBC News reported.    The news comes weeks before the moratorium was set to expire at the end of September. The Department of Education said this would be the last extension of the
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Source: Black News Channel - Truth Illuminated
Democrats pressure Biden to address student loan debt crisis | Afro
By Laina S. Miller Capital News Service Washington Bureau Democrats in the House and the Senate have introduced bills calling upon President Joe Biden to forgive student loan debt, which they argue is widening the racial and gender wage gaps and exacerbating the economic problems already worsened
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Source: Afro | The Black Media Authority-0
East Africa: States Review Loan Contracts as UK-Based Overnight Credit Facility Phase-Out Looms - allAfrica.com
[East African] After "scandal" of 2011, of widespread allegations of manipulation, it became evident the Libor global benchmark rate had been fiddled with for years
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Source: allAfrica.com
Billionaire Robert F. Smith Launches Student Freedom Initiative to Ease Student Debt at Historically Black Colleges
Robert F. Smith—the billionaire who pledged during a commencement speech last year to pay off the student debt of the Morehouse College class of 2019—is, according to time.com, launching a new init…
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Source: GOOD BLACK NEWS
Trust Fund clients get loan repayment ease - Barbados Today
Clients of Barbados Trust Fund Limited (BTFL) whose loans are in arrears due to decreased sales as a result of the COVID-19 pandemic, have been thrown a lifeline. General Manager Gerry Amos, other BTFL officials and resource persons introduced some of its clients to the RE RE – Restructuring and
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Source: Barbados Today - News You Can Trust.
RTPark to Lend V.I. Government Money to Tax Break Recipients
The tax-break granting entity the University of the Virgin Islands RTPark will start lending money from the V.I. government treasury to its tax break recipients who cannot get similar terms on the free market, if legislation approved Tuesday is signed into law. First planned back in 2001, the RTP
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Source: St. Thomas Source | The trusted independent voice of the Virgin Islands community
Securing the Keys to Homeownership | GreenPath Millennial Money | The Michigan Chronicle
Millennials have over $1 trillion in debt, the most of any generation in United States history. They’ve also had to work towards financial stability in an economy that has grown slower than any previous generation. The last “golden-era” of economic growth in the United States, the 1990s, saw high
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Source: Michigan Chronicle - Powered by Real Times Media
Sponsored by National Association of Black Accountants (NABA) Boston Metropolitan Chapter
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