Student loan interest resumes Friday and payments restart in October. Here's what borrowers should know
For the first time in more than three years, federal student loan borrowers will be required to pay their monthly student loan bills starting in October. The pandemic-related pause, which went into effect in March 2020, provided relief to nearly 44 million borrowers by freezing their accounts.
2023-08-31 18:27
New Biden student loan plan cuts payments for millions, White House says
WASHINGTON The Biden administration on Tuesday said it was overhauling student loan repayment plans, seeking to make payments
2023-08-22 23:19
Italy's bad loan proposal alarms investors
By Valentina Za and Angelo Amante MILAN A proposed law by Italian Prime Minister Giorgia Meloni's party to
2023-08-16 23:24
China July new bank loans tumble, credit growth weakens further
By Kevin Yao and Qiaoyi Li BEIJING (Reuters) -China's new bank loans tumbled in July and other key credit gauges
2023-08-11 18:53
Credit card and car loan delinquencies pass pre-Covid levels as consumers get squeezed
More Americans are failing to make payments on their credit cards and auto loans, another sign of rising financial pressure on consumers.
2023-08-10 23:23
China's July new yuan loans seen dipping after record H1 - Reuters poll
BEIJING China's new yuan loans are expected to fall sharply in July from June after record lending in
2023-08-10 02:28
PE firm KKR acquires $373 million portfolio of Synovus Bank's prime auto loans
Private equity giant KKR said on Tuesday it had acquired a $373 million portfolio of prime auto loans
2023-08-09 05:52
US court blocks Biden debt relief rule benefiting defrauded students
By Nate Raymond (Reuters) -A federal appeals court on Monday blocked the Biden administration from proceeding with another piece of
2023-08-08 09:59
Biden's student loan policies continue to face legal challenges
Legal challenges are continuing to target some of President Joe Biden's student loan policies. While his major student loan forgiveness program was blocked by the Supreme Court, the Biden administration is also facing lawsuits over some of its other policy changes aimed at making it easier for borrowers to pay back their loans.
2023-08-08 04:50
Poland's mBank hopes to offer 2% mortgage loan in September
GDANSK Poland's mBank expects the level of write-offs to be lower in future quarters compared with levels in
2023-08-02 16:59
First on CNN: Biden administration launches new income-driven student debt repayment plan
The Biden administration is launching a beta website for its new income-driven student loan repayment plan today, officials told CNN, allowing borrowers to begin submitting applications for the program as federal student loan payments are set to resume in October.
2023-07-31 01:48
Europe's banks are bracing for a wave of defaults
Some of Europe's biggest banks are setting aside more cash to absorb potential losses on loans, as rising interest rates increase pressure on borrowers.
2023-07-28 00:21