arit's picture
Arit John Phone: 909-784-2468

Arit John received a degree in English Literature and creative writing from UCLA, where she worked as a writer and columnist for the Daily Bruin.

Following graduation, Arit spent a summer writing tweets and Facebook posts for a luxury housewares brand before heading to Iceland for three months. There she wrote news and feature stories for The Reykjavík Grapevine, the country’s largest English language weekly.

In addition to covering lending news, Arit also handles loans.org’s marketing. As a recent graduate saddled with student loans, she hopes to cover stories that directly impact people’s lives.

Latest Articles from Arit John Google Plus Email: arit@loans.org
car cost
The average cost of owning and operating a sedan rose to $9,122 for 2013, according to a recent study by AAA. The company’s annual “Your Driving Costs” study found that the average cost for vehicle maintenance, fuel, tires, insurance and depreciation for a sedan driven 15,000 miles a year was 60.8 cents per mile, up 1.17 cents from last year. Tire prices remained steady, but increases in vehicle maintenance, fuel and insurance costs increased the overall total. To find the average costs, AAA...
california flag
California politicians voted down a bill that would have increased regulation on payday lending during a Wednesday meeting of the Senate’s banking committee. The bill, SB 515, would have prevented borrowers from taking out more than four payday loans in one year. It also called for stronger vetting of payday loan borrowers’ ability to pay and would have extended borrowers’ repayment periods. Five members of the California Senate Banking and Financial Institutions Committee voted against the...
Man wonders which loan to pay
If you’re struggling under multiple kinds of debt, the best strategy is to assess your financial situation and develop a plan to pay off each loan. Individuals with serious debt problems should focus on four kinds of financial obligations: basic necessities, secured debt, unsecured debt, and savings. Basic necessities Food, clothing, and shelter are three things you shouldn’t go without, even in the face of mounting interest payments. Kevin Gallegos of Freedom Financial Network, LLC,...
gavel on money
California lawmakers will meet this week to discuss legislation to restrict and further regulate payday lending practices. Senate Bill 515 aims to limit the number of loans a borrower can take out to four per year and would give consumers 30 days to pay back their loans for every $100 borrowed. All payday would also be tracked in a state database. Payday lenders would also be required to standardize their lending criteria and more thoroughly investigate a borrower’s ability to pay. The measure...
car assembly line
Luxury car company Fisker Automotive may file for bankruptcy, according to several sources. Earlier this week The Wall Street Journal reported that the company has been working with restructuring lawyers at Kirkland & Ellis LLP to finalize their bankruptcy petition. Sources familiar with the matter said the company is also looking for buyers and investors, but has yet to finalize a deal. The news comes less than two weeks before the brand’s impending loan repayment to the Department of...
The White House
The Small Business Administration would lose $109 million under President Obama’s current 2014 budget proposal, which was released yesterday. In 2012 the SBA received $918 million dollars. The President’s budget assumes that the SBA will require a smaller budget because fewer businesses are expected to default on their business loans, due in part to an improved economy. Loan programs for small businesses, specifically the SBA’s 7(a) Business Loan Guarantee Program, are at the forefront of the...

Pages