repayment

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Reprieve for Student Loan Borrowers Ends Tomorrow

After pandemic break, millions must start repaying their loans again in October

(Newser) - Millions of Americans must start repaying their federal student loans again in October, with monthly payments averaging hundreds of dollars a month. To get ready, borrowers are cutting expenses, taking on additional work, and looking for options to reduce their monthly payments, per the AP . Megan McClelland, 38, said she'...

Favre Must Pay $825K Within 30 Days in Illegal Welfare Case

Miss. state auditor says ex-NFL star faces a lawsuit if he doesn't return TANF funds

(Newser) - Update: It's pay-up time for Brett Favre, unless he wants to face a civil lawsuit. That was the warning Tuesday from Mississippi State Auditor Shad White, who said in a statement that the former NFL star still owes $828,000 in illegal welfare funds and interest, per the Mississippi ...

This State Wants Its Money Back After Overpaying Unemployed

Missouri says it sent out $150M in overpayments last year, but recipients say they can't pay it back

(Newser) - A recent letter in the mail to St. Louis salesman Mike Conners demanding he pay back the state of Missouri more than $7,500 in unemployment benefits caught him by surprise. But as FOX 2 reports, his letter was no anomaly: The state now says it paid out $150 million...

Mexico on Reimbursing Trump for Wall: Um, Nope

Peña Nieto is willing to work with US on other issues, but says 'of course' it won't pay

(Newser) - At his press conference Wednesday, Donald Trump revisited his new plan to get Congress to pay for his border wall and get Mexico to reimburse the American taxpayer, noting, "What's the difference? I want to get the wall started." And even as the Mexican peso simultaneously hit...

Better Late Than Never: Britain to Repay WWI Debt

It still owes WWI investors some $3.2B

(Newser) - Britain is beginning to pay back some of the $3.2 billion it borrowed to help pay for World War I. The government plans to redeem some national war bonds (issued in 1917) in February, when it refinances $348 million of debt issued as far back as the 18th century....

Tesla Pays Off US Loan 9 Years Early

CEO to taxpayers: 'I hope we did you proud'

(Newser) - Tesla has come a long way since Mitt Romney labeled it a "loser" in the presidential debates. The company has paid off its $465 million 2010 loan from the Department of Energy—plus interest—nine years before it was due, Businessweek reports. With yesterday's payment for $451.8...

Latest Steele Hire Bilked DC Group for $70K
 Latest Steele Hire Bilked 
 DC Group for $70K 
WHOOPS! DEPT
Apr 5, 2010 10:37 AM CDT

Latest Steele Hire Bilked DC Group for $70K

New RNC fundraiser Neil Alpert was ordered to repay 'grandiose' expenses

(Newser) - Under fire for recent flaps over RNC spending, Chairman Michael Steele has hired a new “special assistant for finance”—and possibly walked into another gaffe. Neil S. Alpert, the 31-year-old wunderkind whose new job it will be to “help raise money” and “find new funds,”...

Fed Prods Banks for TARP Repayment Plans

BofA, Citi, 7 others asked to submit outlines

(Newser) - The government is stepping up plans to wind down the TARP program. The Fed has asked nine banks stress-tested earlier this year, including Bank of America and Citigroup, to come up with plans to repay a total of $142 billion in TARP funds. The move represents an evolution in the...

Leibovitz Sued Over $24M Loan

(Newser) - A financial firm is suing Vanity Fair photographer Annie Leibovitz for failing to cooperate to repay a $24 million loan, reports the Telegraph. Leibovitz last year put up her photographs and two homes as collateral for the money to pay off debts. But now Art Capital Group said the 59-year-old...

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