Posts Tagged ‘defaulting’

People Are Taking Out Loans Against Their NFTs – And Defaulting

NFTs are easily the craziest financial phenomenon I’ve ever encountered. Via: Vice: In the ongoing speedrun to turn everything into a non-fungible token, savvy traders and entrepreneurs have recently taken a few steps to squeeze more investment opportunities out of their JPEGs. Case in point: it’s now a thing to take out a loan and offer […]

Number Of Americans Defaulting On Student Loans Reaches 4.2 Million

Above Photo: Christian Schnettelker/Flickr A new analysis released this week by the Consumer Federation of America found that the number of Americans in default on their student loans jumped by nearly a fifth in 2016. Rising 17 percent from 3.6 million in 2015, there are now at least 4.2 million Federal Direct Loan borrowers in default. […]

Feds Building Massive Online DNA Database

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