Debt

London libraries collect millions of fines for overdue loans

London Libraries have imposed more than £ 5million in fines since 2015, we can reveal. An investigation by SWLondoner using Freedom of Information requests found that South West London libraries alone have racked up more than £ 1.3million in fines. COVID closures and returning amnesties have left many libraries without …

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Rich Miller’s Capitol Fax column examines what could be happening

Since 2006, federal law has capped annual interest rates on active-duty military payday loans at 36%. The interest rate cap was broadened in 2015 to include several other types of unsecured personal loans. In Illinois, meanwhile, payday loan borrowers were subjected to average annual interest rates of nearly 300%. Illinois …

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How the mRNA vaccine works

A messenger RNA vaccine, also known as an mRNA vaccine, is a new type of vaccine that is the first safe and effective vaccine used to fight the COVID-19 virus in the United States. Most often, vaccines put a weakened or inactivated germ in our body, causing our immune system …

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Biden tries to write off up to $ 50,000 in student debt

Kevin Dietsch / UPI / Shutterstock / Kevin Dietsch / UPI / Shutterstock Student debt has weighed on the economy, and forgiveness programs are politically popular – with voters. They are not as popular with Republicans in the Senate and House of Representatives, which limits President Joe Biden’s approaches to …

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