Loans

A collective of activists erased $1.7 million in student debt for nearly 500 former Bennett College scholars.

Businessman Robert F. Smith’s nonprofit has teamed up with Prudential to create a $1.8M grant program for HBCU students.

Steve and Marjorie Harvey have joined investor and philanthropist Robert F. Smith’s initiative designed to economically empower HBCU students.

Sheena Allen, 29, has launched CapWay to help underserved communities learn more about the importance of financial literacy.

Dee triumphantly raps, “For those who doubted me, yeah this is payback. No sir, I don’t drive a Maybach. But guess what I did? I finished paying Sallie Mae back.”

Be prepared: You'll increase your chances for success in getting a bank loan by following these tips by "The Budgetnista."

Credit scoring is an imperfect science. In essence, it’s about estimating how likely someone is to pay back money borrowed based on their history of doing so in the past. Given a number of situational factors, it’s important though the the industry reexamine its standards every now and then. Well, there’s some good news: apparently the […]

Monday, the “NewsOne Now” panel discussed a recent Wall Street Journal report that found black-owned businesses receive just 1.7% of the $23.09 billion in total SBA loans. According to the WSJ: Black entrepreneurs have largely missed out on a rebound in federal small-business lending since the financial crisis ended. More than four years into the […]

STOCKTON, CA– An outraged California man named Kenneth Wright is claiming that the United States Department of Education raided his home early in the morning, dragging him out in his underwear asking him questions about his and his estranged wife’s unpaid college loans.