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Biden tries again at student loan cancellation, for those in financial hardship

The Biden administration is moving ahead with a new path to student loan cancellation for Americans who face steep medical bills, child care costs and other types of financial hardship that prevent ...

Thames Water seeks up to £3bn in emergency loans from creditors

New debt would involve 9.75% interest charges as utility group seeks to stave off nationalisation

Business - Financial Times - October 25

Is a reverse mortgage or home equity loan better for seniors? Experts weigh in

Seniors have a few options for tapping into their home's equity, but certain options may be better than others.

Court of Appeal sides with UK consumers over ‘secret’ car loan commissions

Close Brothers shares plummet after landmark ruling that puts sector at risk of redress

Business - Financial Times - October 25

These 17 factors could soon make you eligible for student loan forgiveness

The Biden Administration has outlined two pathways for student loan borrowers facing financial hardship to get debt relief.

Business - CNBC - October 25

Biden Administration Floats Student Loan Relief for Borrowers Facing Hardship

The proposal, which faces tough legal prospects, would offer forgiveness to millions of borrowers who are unable to pay back their loans because of financial setbacks.

Business - The New York Times - October 26

Chicago Blackhawks Recall Drew Commesso, Loan Isaak Phillips To Rockford

This is the first time Commesso has earned an NHL recall

Sports - Yahoo Sports - October 26

Harris stays quiet on student loans as cancellation loses its political luster

In just a few years, the issue of student loan cancellation has gone from being a pillar of the Democratic Party to a political liability

How to get a low home equity loan rate this November

There are multiple ways borrowers can secure a low home equity loan interest rate this November. Here are three.

Deteriorating Loans Stress Regional Banks’ Office Building Portfolios

The commercial real estate borrowing crisis hasn’t gone away, as shown by about a dozen mid-sized banks reporting a rise in missed payments from commercial real estate borrowers.

Business - Inc. - October 29

Republicans unveil emergency bill to fund tapped-out disaster loan program

Senate Republicans released legislation this week that aims to replenish funds for a key federal program that provides disaster loans to businesses and homeowners. Sen. Thom Tillis (R-N.C.) led ...

Politics - The Hill - October 29

What's the home equity loan interest rate forecast for November 2024?

Home equity loan interest rates could fall, but they might not be worth waiting for. Here's everything to know.

Why the Federal Reserve Rate Cut Isn’t Lowering Your Loan Rates

Fed rate cuts and lending rates do not always experience like-to-like movement. Here’s a quick look at rates, and what to expect moving forward.

Business - Inc. - October 30

Rival creditor group offers Thames Water emergency loan at lower rate

The UK’s largest water and sewerage provider is struggling with a £19bn debt load

Business - Financial Times - October 31

HELOCs vs. home equity loans: Everything to consider right now

Not sure if a HELOC or home equity loan is your best recourse? Here's everything homeowners should consider now.

How far will home equity loan interest rates drop in November?

Home equity loans could decline in November, but that isn't the only feasible possibility, experts say.

Banks face growing risk as double defaults on commercial loans mount

A bank practice known as ‘extend and pretend’ has delayed a write-off reckoning but may hide a growing systemic risk

World - Financial Times - November 7

Will UK interest rate cut make mortgages and loans cheaper?

Bank of England interest rates affect the mortgage, loan and savings rates for millions of people.

How low will home equity loan interest rates drop in November?

There are a few events in November that could help push home equity borrowing rates lower, experts say.

When will home equity loan rates fall below 8%?

Home equity loan rates have been dropping. But when will they fall below 8%? Here's what to consider now.

How Fed Rates Influence Credit Cards, Loans, Savings and More

Here’s how the central bank’s interest rate moves influence car loans, credit cards, mortgages, savings and student loans.

Business - The New York Times - November 7

What Trump's win could mean for student loan forgiveness

The Biden administration's work to cancel student loan debt for tens of millions of Americans will likely come to an end with the election of Donald Trump.

Business - CNBC - November 7

What does Trump win mean for student loan forgiveness?

President-elect Trump’s past moves and rhetoric on student loans are leaving a dismal outlook for advocates who are now focusing their attention on getting President Biden to act quickly on ...

Politics - The Hill - November 8

Here's when home equity loan rates could fall again

There are plenty of upcoming dates in which home equity loan rates could fall again. Here are three to watch for.

Why you should check home equity loan rates daily

There are many reasons why home equity loan borrowers should be checking interest rates daily. Here's what to know.

Trump's win may put this popular student loan forgiveness program at risk

The Public Service Loan Forgiveness program may be at risk with the election of Donald Trump. Here's what borrowers should know.

Business - CNBC - 3 days ago

Should you open a home equity loan now or wait until 2025?

There are pros and cons to opening a home equity loan now versus later in 2025. Here's what to consider.

P&O Ferries turns to Dubai owner for hundreds of millions in loans

DP World props up UK ferry company that has been struggling to recover from years of crisis

Business - Financial Times - 2 days ago

Here's what to know about Trump and the future of student loan relief

President-elect Donald Trump has called the Biden administration's student loan relief efforts a "total catastrophe."

Milei eyes Trump friendship to win IMF loan for Argentina

Libertarian leader seeks IMF loan while positioning himself as US president-elect’s ally in culture war against the ‘woke’ left

World - Financial Times - 2 days ago

Car buyer payouts over loan scandal could be delayed

Regulators want to give more time to car dealers potentially facing a deluge of mis-selling claims.

Will Trump Try to End the Public Service Loan Forgiveness Program?

There is widespread concern that President-elect Donald J. Trump may end it, since he has tried before. But that may be the wrong thing to fear.

Business - The New York Times - Yesterday

Should you open a home equity loan with inflation rising again?

Inflation grew again in October, leading some to wonder about the merits of borrowing from their home equity now.

Biden administration has now canceled loans for more than 1 million public workers

A student loan cancellation program for public service workers has granted relief to more than 1 million Americans — up from just 7,000 who were approved before it was updated by the Biden ...

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