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Cheap funding and marketing muscle could give it an advantage over existing lenders, but this corner of the market may not be big enough to move the needle for the bank.
August 23 -
Student loan demand continues to climb alongside rising rates and tuition costs, but new proposals from the Department of Education are adding further complications for potential borrowers.
August 21 -
With back-to-school season in full swing, credit unions are taking another look at private student loans. Learn about the different ways to get into this business.
August 15
LendKey Technologies, Inc. -
It bothered Jeannie Tarkenton, founder of Funding University, that too many kids from lower-income families didn't graduate because they lacked just a few thousand dollars and couldn't get a loan.
August 13 -
Wells Fargo & Co. is considering whether to jump-start its shrinking student-lending business by catering to borrowers holding U.S. government loans.
August 13 -
Kathy Kraninger, a senior official at the Office of Management and Budget, largely avoided answering direct questions at her nomination hearing.
July 27 -
Jack Remondi issued a direct call Wednesday for the agency to drop its lawsuit against the student loan servicer. “You’ve had five years to look for your evidence, you’ve found none,” he said.
July 25 -
Credit unions have seen massive gains in auto lending in recent years, but one analyst fears CUs may be too focused on that and losing share of wallet elsewhere as a result.
July 6 -
Virginia National will set aside up to $950,000 to cover losses after ReliaMax, a firm that issues surety bonds for student loans, was placed into liquidation.
July 5 -
FutureFuel.io CEO Laurel Taylor and Edmit.me CEO Nick Ducoff discuss approaches to helping students repay their loans and make good debt decisions.
July 3 -
Nelnet’s planned bank would be an online enterprise focused on gathering deposits and making private student loans.
June 29 -
A South Dakota regulator seeks to liquidate ReliaMax Surety, which provides default insurance for many private student loans held by credit unions.
June 21 -
Senate Democrats want acting CFPB Director Mick Mulvaney to explain why the agency is no longer policing student loan lenders and servicers, but any impact on credit unions remains to be seen.
May 22 -
Senate Democrats want acting CFPB Director Mick Mulvaney to explain why the agency is no longer policing student loan lenders and servicers.
May 18 -
Acting CFPB Director Mick Mulvaney has dropped agency plans to crack down on overdraft programs and large marketplace lenders. Here's what else he's changing.
May 16 -
Artificial intelligence will reshape the job landscape at banks; people still want to open accounts at a branch; Mick Mulvaney stacks CFPB bench with political appointees; and more from this week's most-read stories.
May 11 -
The credit unions are primarily in the eastern half of the country, with assets ranging from $11 million to nearly $7 billion.
May 11 -
The bank said it kept fee rebates that should have gone to a small pension fund; some women say the company's “bro” culture hinders their advancement.
May 10 -
The CFPB's acting director announced new political hires and more plans to overhaul the agency in an email Wednesday.
May 9 -
Gill, who spent 14 years at Goldman, will fill a role that has been vacant since last summer at SoFi.
April 9























