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Central Texas retiree still making payments on more than $100,000 in student debt

Borrowers throughout the country are worried following the Supreme Court’s current decision to invalidate student loan forgiveness in late June. It’s a choice that will significantly affect the financial situations of millions of individuals, especially those in Central Texas. President Joe Biden recently stated in a news conference after the decision, “I understand there are…

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After charging hidden fees and opening fake bank accounts, Bank of America will pay up to $100 million to its clients

The action was taken in response to findings that the bank had broken customer-centric policies by the Consumer Financial Protection Bureau (CFPB) and Office of the Comptroller of the Currency (OCC). As of March 31, 2023, Bank of America had 68 million clients and, based on its reported resources at the time, was the second-largest…

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