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WooBosco
JUST GOT A LETTER IN THE MAIL SAYING ALL MY STUDENT LOANS ARE FORGIVEN!!!!!MY GOD IS AWSOME BOOOAAAAAAAA!!!!!!!!!!!! Story time.... Basically y’all I was in school at the Illinois institute
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Nyaaya
NyaayaIN
Do you have to pay #EMI payments to the #Banks banks during the #Covid_19 pandemic?No, you do not have to make EMI payments till May 31st, 2020. You will have
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QueenGrits
quarantinebee
Having good credit only matters when you’re poor. Credit checks are a discriminatory practice we’ve come to accept as a societal norm I’ve worked in a bank and had clients
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Trinity
TrinityResists
He’s violating his sworn oath & the 10th AmendmentTrump is the antithesis to everything JC said & did yet #Cult45 still believes him as he:—Routinely breaks all 10 commandments—Cheated on
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Robert Peston
Peston
I've been trying to reconcile the confident expectation of those in government and banks that Chancellor @RishiSunak WILL offer 100% guarantees on emergency loans to small businesses with the Chancellor's
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Greg Shill
greg_shill
There’s going to be an epidemic of car-related bankruptcies when the economy turns.https://www.wsj.com/articles/a-45-000-loan-for-a-27-000-ride-more-borrowers-are-going-underwater-on-car-loans-11573295400 As always, read @PamelaFoohey @BobLawless1 @D
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billy buttons
billy__buttons
I'm having a look at Foxtel's financials for the next podcast. Spoiler alert: they look hideous. The covenants on Foxtel's actual debt package are at levels you see for a
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Victoria Guida
vtg2
Now that things are a bit calmer, I’d like to explain the ways the Fed’s trillion-dollar emergency lending programs are designed to work. 1/14 There are a few different ways
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Blake Zeff
blakezeff
Dear Charlie,Trump's temporary pause on student loan interest isn't "front page news" because: 1) He didn't release an actual plan. He made a quick remark & if the past is
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Jeanne MillikenBonds
JeanneBondsNC
"Roughly 95% of Black-owned businesses, 91% of Latino-owned businesses, 91% of Native Hawaiian or Pacific Islander-owned businesses, 75% of Asian-owned businesses stand close to no chance of receiving a PPP
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CapOrbit
CapOrbit
A thread on Mudra loans. They are in the news again after the RBI flagged off the fear of NPAs in Mudra loans. Most people do not know (including the
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George Selgin
GeorgeSelgin
Short thread: The challenges these government-sponsored emergency loan programs must meet are daunting.https://twitter.com/GeorgeSelgin/status/1245691356829417472 For administrative reasons, and perhaps also to lever taxpayers' contribution, it m
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The “Too” Is Implied
MortiestTchalla
1/You are correct low income areas have a higher crime rate... but why and how do we fix it?Through yrs of segregation and redlining blk people were forced into certain
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Zachary Perret
zachperret
PPP applications this week will be chaos. Hugely needed, and will save many small businesses. A few details worth paying attention to: Lender incentives: Lenders are paid a one-time fee
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Rep. Katie Porter
RepKatiePorter
The Government Accountability Office, a non-partisan watchdog, just released a bombshell report on the Paycheck Protection Program (link here for oversight nerds like me). There’s a lot to unpack, but
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Feverish Woman
Woman_of_Truth
Last night the SBA made changes in response to complaints from (((bankers))) who want their cut. Interest rate was doubled from .05% to 1%. And SBA agreed to pay all
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