)Political
Lender Popular Bank fined for poor Covid Relief Loan
Popular Bank has been fined $2.3 million for allegedly failing to prevent fraud against applicants for the Paycheck Protection Program, the federal government’s largest Covid aid for struggling small businesses. The Federal Reserve announced the fine on Tuesday, said New York’s Popular Bank, a subsidiary of Puerto Rico-based Famous Inc., six PPP loans totaling $1.1 … Read more
Lender Popular Bank fined for poor Covid Relief Loan
Popular Bank has been fined $2.3 million for allegedly failing to prevent fraud against applicants for the Paycheck Protection Program, the federal government’s largest Covid aid for struggling small businesses. The Federal Reserve announced the fine on Tuesday, said New York’s Popular Bank, a subsidiary of Puerto Rico-based Famous Inc., six PPP loans totaling $1.1 … Read more
Lender Popular Bank fined for poor Covid Relief Loan
Popular Bank has been fined $2.3 million for allegedly failing to prevent fraud against applicants for the Paycheck Protection Program, the federal government’s largest Covid aid for struggling small businesses. The Federal Reserve announced the fine on Tuesday, said New York’s Popular Bank, a subsidiary of Puerto Rico-based Famous Inc., six PPP loans totaling $1.1 … Read more
Lender Popular Bank fined for poor Covid Relief Loan
Popular Bank has been fined $2.3 million for allegedly failing to prevent fraud against applicants for the Paycheck Protection Program, the federal government’s largest Covid aid for struggling small businesses. The Federal Reserve announced the fine on Tuesday, said New York’s Popular Bank, a subsidiary of Puerto Rico-based Famous Inc., six PPP loans totaling $1.1 … Read more
Lender Popular Bank fined for poor Covid Relief Loan
Popular Bank has been fined $2.3 million for allegedly failing to prevent fraud against applicants for the Paycheck Protection Program, the federal government’s largest Covid aid for struggling small businesses. The Federal Reserve announced the fine on Tuesday, said New York’s Popular Bank, a subsidiary of Puerto Rico-based Famous Inc., six PPP loans totaling $1.1 … Read more
Many school borrowers could get $0 off under Biden’s new plan. Things you should know
Silverkblack | Istock | Getty Images Inside the new student loan repayment plan The proposal was launched on January 10 by the Biden administration, many borrowers could see their monthly payments drop to $0. The new option revises one of four existing income-based plans, which limit borrowers’ fees to a portion of their disposable income. … Read more