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Elizabeth Warren to campaign in two Michigan cities next week – She proposed an “ultra-millionaire tax” on the 75,000 wealthiest American families to partially fund universal childcare, student loan debt relief. but opposed raising a cap on charters in her home.
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Efforts to rein in payday loans meet resistance from lawmakers – FastBucks began offering new installment loans with effective annual percentage rates of 520 percent to 650 percent, according to testimony in a lawsuit brought in 2009 by then-state Attorney General.
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New investigations of UT Law School Foundation and forgivable loans begin – As the attorney general investigates the University of Texas Law School. 16 other outstanding loans made under the forgivable loan program without punishing law school faculty for receiving these.
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Fixed-Rate Loan Option at account opening: You may convert a withdrawal from your home equity line of credit (HELOC) account into a Fixed-Rate Loan Option, resulting in fixed monthly payments at a fixed interest rate. The minimum HELOC amount that can be converted at account opening into a Fixed-Rate Loan Option is $15,000 and the maximum.
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