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  2. Paycheck Protection Program - Wikipedia

    en.wikipedia.org/wiki/Paycheck_Protection_Program

    President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self ...

  3. Thrift Savings Plan - Wikipedia

    en.wikipedia.org/wiki/Thrift_Savings_Plan

    After repayment an employee must wait 60 days before applying for another loan of the same type. If the employee separates from federal service before the loan is paid, the employee must repay the loan balance within 90 days, or it will be reported as taxable income.

  4. President Biden just forgave another $5.8 billion in student ...

    www.aol.com/finance/president-biden-just-forgave...

    PSLF is a federal repayment program that allows qualifying public servants, such as teachers, nonprofit employees, nurses and firefighters, the opportunity to have their federal loans forgiven ...

  5. Sallie Mae - Wikipedia

    en.wikipedia.org/wiki/Sallie_Mae

    SLM Corporation (commonly known as Sallie Mae; originally the Student Loan Marketing Association) is a publicly traded U.S. corporation that provides consumer banking.Its nature has changed dramatically since it was set up in the early 1970s; initially a government entity that serviced federal education loans, it then became private and began offering private student loans.

  6. 'I wish I never got that loan': Small businesses say Covid ...

    www.aol.com/small-business-owners-were...

    Some consultants say the alleged problems at the SBA — an agency with about 2,800 full-time employees — stem from the record surge in its workload after Congress expanded the disaster loan ...

  7. Small businesses apply for federal loans after Baltimore ...

    www.aol.com/news/small-businesses-apply-federal...

    A federal program offering loans to small businesses hurt by the collapse of Baltimore’s Francis Scott Key Bridge has received 500 applications, officials said. The funds, which could start ...

  8. Federal Housing Administration - Wikipedia

    en.wikipedia.org/wiki/Federal_Housing_Administration

    Notably, 1 in 16 FHA loan borrowers maintains a credit score below 600, while the average credit score among first-time FHA loan borrowers stands at 677. These first-time homebuyers account for 82% of all FHA purchase loans. Additionally, 23% of all homebuyers opt for an FHA loan, with 28% of those aged 37 or younger choosing this financing option.

  9. 20 Companies That Help Employees Pay Off Student Loans - AOL

    www.aol.com/20-companies-help-employees-pay...

    In 2019, just 8% of employers included student loan assistance in their employee benefits packages, according to research from the Society for Human Resource Management. Even that was a big step up...

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