GCAR ABS subprime auto loan

A pool of subprime auto loans on new and used vehicles will guarantee $ 559.9 million in asset-backed securities, the sixteenth securitization of Global Lending Services since their market launch in 2014. Global Lending Services grants loans through franchised and independent car dealerships, and CLS 2021-2 pool loans have a …

Read More »

Iowa Student Loan Liquidity Corporation (ISL) Announces Consent Solicitation Process Results for its 2005-1, 2011-1 and 2012-1 Notes

WEST OF THE MONKS, Iowa, June 1, 2021 / PRNewswire / – Re: Iowa Student Loan Liquidity Corporation Student Loan Asset Backed Notes, Series 2005-1 (the “2005-1 Notes”), consisting of: Category A-3 tickets of $ 75,305,760, CUSIP: 462592AC0 $ 12,475,354 Category B tickets, CUSIP: 462592AD8 Iowa Student Loan Liquidity Corporation …

Read More »

What Happens When You Don’t Pay Your Federal Student Loans?

Student debt relief has helped millions of Americans during the pandemic. As of March 27, 2020, federal interest rates on student loans have been set at 0% and payments have been suspended. But the policy will currently expire on October 1, 2021, and many borrowers are still struggling financially, leaving …

Read More »