Monday, Jan 26, 2015
Quincy, IL News - QuincyJournal.com
Trending on the Journal

Recent Comments

AYHSMB - Police-fire pensions to go up in smoke? - Quincy, IL News - QuincyJournal.com
What the heck are you talking about, yesquy? How does collective bargaining come into play with your rant? You're talking about nepotism among a small group of local bozos. I'm talking about unsustainable costs that do not happen in the private sector. Show me a private sector company on the scale of a local FD of PD with the same benefits and retirement. Also, you must believe it's…
XBgCty - Police-fire pensions to go up in smoke? - Quincy, IL News - QuincyJournal.com
Just a little tidbit-- As of January 1, 2015 2150 soldiers had died in the war in Afghanistan since 2001-- On December 20 with the murder of the two NYPD officers, bringing the total number of Police Officers Killed In the Line of Duty since 2001 to 2171. A few more facts here: http://www.nleomf.org/facts/enforcement/ So should…
GuyFawkes10 - Quincy Police Blotter for 1/25/15 - Quincy, IL News - QuincyJournal.com
How do you loan your drivers license to someone else.
XBgCty - Police-fire pensions to go up in smoke? - Quincy, IL News - QuincyJournal.com
Did you read the article you quoted-- Of the pension systems in that article it said ONE of them-- State Employees’ Retirement System, or SERS.--Most of their participants might be eligible. None of the others had that.
quincyhydro - Police shooting, pursuit in Downtown Hannibal - Quincy, IL News - QuincyJournal.com
Only if it's a black person.

Most Popular

Quincy School Board selects architects for new school buildings

Police-fire pensions to go up in smoke?

QPD warns of "Mystery Shopper" scam

Rauner signs order aimed at helping veterans, minorities

JWCC giving test for Teacher aides

QPD officer testing apps available

New rules help Illinois collect out-of-state sales taxes

The Patio restaurant could open as early as February 1

U.S. agency urges change in student loan default rules

9 months ago From stltoday.com

From From stltoday.com:

Some people who pay private student loans on time are being placed in default when the co-signer of their loans dies or declares bankruptcy, the Consumer Financial Protection Bureau said in a report due out today.

These "auto defaults" force borrowers to either immediately repay the full loan balance or ruin their credit, hurting their chances of getting a job, renting an apartment or buying a car.

The practice occurs in the private student loan market in which banks and other financial firms provide education financing. Private loans generally carry higher interest rates and fewer protections than federal loans, and borrowers are often required to have someone else co-sign the agreement to ensure repayment.

In its mid-year report on student loan complaints, the consumer bureau highlighted grievances that have emerged with more than 90 percent of private loans now being co-signed. Chief among the 2,300 complaints about private student loans submitted to the bureau in the past five months was the triggering of a default by the death or bankruptcy of a co-signer, even if the loan was being paid on time.

Click Here to Read Full Article


From the Newsroom

QuincyJournal on Twitter

QuincyJournal 35 minutes ago

Lovelace back in court Monday - Appearance should be the last one before the trial begins in late March http://t.co/oL1QwijNIi
Bob Gough on Twitter

Bob Gough 4 hours, 55 minutes ago

RT @City Journal: President Obama takes credit for growth stoked largely by red state policies. http://t.co/yQEqefJgin http://t.co/KX5BrwAG5h
QuincyJournal on Twitter

QuincyJournal 10 hours, 36 minutes ago

CHS and Northern Partners Sign Illinois Terminal Agreement http://t.co/oEZBzYBSmc
QuincyJournal on Twitter

QuincyJournal 10 hours, 36 minutes ago

85,000 temporary driver's licenses issued to immigrants http://t.co/GzWZazfXyc