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However, if you fall behind on your payments, your loan may go into default, which can come with some serious consequences. By definition, defaulting on a loan happens when you miss payments for a ...
Trump announced plans to transfer the federal student loans from the Education Department to the SBA. Here’s what could ...
Working capital ratio Working Capital Ratio = Current Assets ÷ Current Liabilities If the ratio is less than or equal to 1, this means you have low cash flow and a working capital loan can help.
Borrowers' loans will not be affected by the move to the Small Business Administration, but the transition may be rocky.