In the U.S. nearly one in 10 community college students cannot get a federal student loan. The federal student loan is considered to be the safest, most affordable way to borrow for college. These students cannot get this loan due to the reason that their schools choose not to participate in the federal loan programs.

20 % of the community college students have no access to federal loans

A new issue elaborated from the Project on Student Debt found that more than 20 % of the community college students in seven states have no access to federal loans, which includes six states (AL, GA, NC, LA, TN, VA) in the southern U.S. African-American and Native-American students were twice as likely as other students that cannot have any access to federal student loans.

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BHM Financial Group, which is a privately owned financing company specializing in secured bad credit loans is announcing their new affiliation with Quick Cash Ltd., which is a small consumer loan provider that is located in St John’s, NL.

More flexible, secured loans to individuals with bad credit

Quick Cash Ltd. is now able to offer larger, more flexible, secured loans to individuals with bad credit or no credit, in addition to their standard loans and services as a result of this new relationship.

In the previous days, payday lenders were only able to lend small sums, amounting to only a percentage of the client’s paycheque. In addition to this, repayment was due on the client’s payday with just slight flexibility in repayment terms.

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