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Rebekah Coleman Phone: 909-784-2465

Rebekah Coleman has been a writer for several years. She was the features editor for The Duquesne Duke, a student-written publication for Pittsburgh-based Duquesne University. There she covered topics ranging from political change to weekend entertainment. While writing weekly for the publication, she also received a Bachelor’s degree in Print Journalism and Public Relations.

After graduation, she was hired to maintain the marketing department at a custom manufacturing facility.

She now hopes to show that learning about lending can be resourceful and engaging for every age group.

Latest Articles from Rebekah Coleman Google Plus Email: rebekah@loans.org
Japanese swords in home
A ninja loan is a subprime mortgage loan offered to borrowers without proof of income, employment, or assets. The word ninja is a nickname for a loan product available during the subprime market of the early 2000’s. Ninja loans are another name for NINA which stands for no income, no assets, and was coined in a book by Charles Morris. The loans are also referred to as liar loans, according to Rick Sharga, executive vice president of Auction.com. Ninja loans were issued to unqualified borrowers...
Graduating student debt
Private student loans are vilified. Subprime mortgage loans are slowly being eradicated. But there is another loan product readily available to borrowers that could do even more damage: PLUS loans. As a part of the student funding program offered by the Department of Education, PLUS loans fill in the large gaps left by limited federal options like Perkins Loans and federal grants. In August of this year, President Obama passed a law decreasing the interest rate on federal student loans....
Line graph consistent results
Fixed home loan interest rates increased while adjustable rates declined this week according to rate reports provided by loans.org. For the week ending Nov. 7, 2013, the 30-year fixed-rate mortgage averaged 4.06 percent, an eight basis point increase from 3.98 percent set last week. The 15-year FRM shifted upwards this week from 3.03 percent to 3.08 percent. Adjustable rates acted in an opposing manner. The 5/1 adjustable-rate mortgage dropped from 2.71 percent to 2.69 percent this week....
Student browsing laptop in apartment
Student loans can be used for housing costs such as on-campus and off-campus rent. Borrowers can use student loans for other educational costs beyond tuition such as housing, food, and textbooks. There are some restrictions for certain student loans, both private and federal, and borrowers should closely review their loan terms. For example, Perkins federal student loans are primarily meant for tuition costs, but other federal and private loans can be used for both on-campus and off-campus...
Couple celebrating home sale
Mortgage interest rates continued a two-week decline which created a positive stimulus for borrowers but conversely reduced any possibility for the Fed bond purchase program to decrease. Rate reports provided by loans.org show that all three primary mortgage interest rates decreased slightly for the week ending Oct. 31, 2013. The 30-year fixed-rate mortgage dropped from 3.99 percent last week to this week’s average of 3.94 percent. The 15-year FRM averaged 3.0 percent, a decline from 3.03...
Hurricane Sandy destroyed house
It’s been a year since Hurricane Sandy struck the eastern shores of the United States but many small businesses are still struggling to rise above the destruction. The main source of help is disaster business loans, but few have reached their final destination. As a part of its disaster business loan program, the Small Business Administration (SBA) approved a total of $2.2 billion. But an entire year later, only one-quarter of the loans have made their way into borrowers’ hands, according to a...

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