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Millions of student-loan borrowers risk being driven into a ‘shadow’ market of costly private lenders, a new report says

Risky lending products could expand as federal student-loan repayment changes begin to roll out, a new report says. Loading audio narration… On Tuesday, advocacy group Protect Borrowers and left-leaning think-tank The Century Foundation released a report on how the private student-loan industry will shift once President Donald Trump’s federal repayment overhaul is implemented.The report found that 40% of Americans would be denied private student loans from traditional, prime lenders due to low credit. It could…

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Einstein Bros. Bagels cream cheese cups recalled over undeclared almonds

Nearly 150 cases of an Einstein Bros. Bagels’ cream cheese flavor have been recalled over the potential presence of undeclared almonds that could pose a life-threatening allergic reaction risk for people with almond allergies. Wisconsin-based Schreiber Foods issued a voluntary recall last week of cases of Einstein’s Honey Almond Cream…

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