OXLC: You Were Warned

Read here for an analysis of Oxford Lane Capital Corporation (OXLC) CEF's high-yield CLO strategy, current NAV challenges, ...

Department of Education announces new focus on warning students of the risks of federal loans — but critics push back, argue more urgent issues exist

Consumer advocates criticized the department’s new focus on financial literacy, saying more pressing issues exist. In a CNBC interview, Carolina Rodriguez, director of the Education Debt Consumer ...
Tax Guru

Equity investment doesn’t fall within meaning of ‘operational debt’ u/s. 5(21) of IBC

NCLT Hyderabad held that equity investment is not a loan and doesn’t fall within the meaning of ‘operational debt’ under section 5(21) of the Insolvency and Bankruptcy Code. Accordingly, application u ...

Medical credit cards offer a lifeline for cash-strapped patients. These 3 tips can help you avoid the pitfalls.

There's no publicly available data tracking the usage of medical credit cards, but annual financial reports show that the number of active health and wellness accounts with Synchrony Financial (SYF), ...