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loan rescue company facing a.g. lawsuit

ohio attorney general mike dewine charged a broadview heights loan modification company with taking money from consumers, and doing little to obtain refinancing for homeowners. 

ebitda growth rebounds in 1q, but loan default rate could rise

the run of strong cash-flow growth for leveraged loan issuers continued in the first quarter. among s&p/lsta index issuers that file publicly, ebitda grew 14% year over year, versus 10% in the fourth quarter, according to data from s&p capital iq. leveraged loan issuers now have put up 11 straight quarters of muscular performance since the recession ended in june 2009.

transunion: late auto-loan payments down in 1q

the rate of late payments for auto loans fell nationally in the first three months of the year to the lowest level in more than a decade, even as lenders financed more vehicle purchases for high-risk borrowers.for ...

as student loan default rates rise, is the law school bubble bursting?

here at the student loan ranger, we recently read about educational credit management, a minnesota nonprofit that is earning commissions of up to 31 percent for collecting on defaulted student loans. seven of their employees earned more than $400,000 in 2010, according to the san francisco chronicle.

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