Debt-Ans.Com

April 1 (Bloomberg) — Indicted financier R. Allen Stanford was sued by a unit of American Express Co. for $115,712.79 in back credit card debt.

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Thomasville, NC — According to the White House, about two-thirds of students take out college loans with an average student debt of over $23,000. New legislation hopes to ease that burden.

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Top retailers have sounded the alarm about the US government’s recently enacted credit card reforms, warning investors the new rules will hit their bottom lines to the tune of millions of dollars just as consumer spending is beginning to bounce back.

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Tucked inside the health care reform law is significant financial relief for the millions of students who borrow to obtain a higher education. No longer will private lenders play the middleman in federal student loan transactions.

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Filed under: News , President Obama , Health Care Debate With emotions charged over the redesign of the nation’s health care system, little has been said about the revamping of the America’s higher education system — particularly student loan reform — an important part of the bill. Obama’s message with educational reform is that he wants the United States to lead the world in the number of …

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