MAN DID NOT BITE DOG; THE STUDENT LOAN ARREST THAT WASN’T
- The headlines were all over the Internet yesterday. People I know were sending me texts making sure I knew about it. “Man arrested for not paying student loan debt,” the headlines blared, sending the industry into a tizzy talking about the criminalization of not paying debts. But the real story is much more plausible. The man in question does have an unpaid student loan debt. He was arrested, however, because he repeatedly failed to show up in court when ordered to do so. A judge then issued an arrest warrant for failing to appear, not because he didn’t pay his student loans.
GEOGRAPHIC IMPACT ON CREDIT SCORES
- Where you live may have an impact on your credit score, according to a new study. Some cities, like Milwaukee and Louisville, Kentucky, have millennials with more items in collections than those in other cities. Is it because they have more millennials in those areas or because those areas provide less financial education than other cities?
TWELVE VYING FOR ACA BOARD
- Twelve members of ACA International have declared their candidacy for the association’s board of directors. Four members will be elected at ACA’s annual convention in Denver in June.
WORTH NOTING: It’s time to get rid of the $100 bill … The FBI wants Apple to help it break into the iPhone of a mass murderer … Big banks should be regulated like nuclear power plants, according to the president of the Federal Reserve Bank of Minneapolis … Self-employed women disadvantaged over maternity leave … One banker says the days of user names and passwords is ending … Railroad company CSX is closing 16 mechanical facilities … This is troubling … Books that Mark Zuckerberg thinks you should read … The latest version of Monopoly has no money … How to get a meeting with anyone … Mindsets that are keeping entrepreneurs from succeeding … A robot designed to waste the time of telemarketers … What to eat to keep your mind sharp.
President Obama: I don’t believe Trump will win
Stephen Colbert remembers the sense of humor of Antonin Scalia
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