Incorrect Payments Borrowers

Student loan servicers are pulling incorrect payments from borrowers' bank accounts, consumer protection bureau says

Lenders often encourage federal student loan borrowers to sign up for automatic payments. But a new report shows the decision can backfire.

Business - CNBC - 9 hours ago

Student loan servicers are pulling incorrect payments from borrowers' bank accounts

Lenders often encourage federal student loan borrowers to enroll in automatic payments.

Biden extends student loan payment pause by 6 months for 8 million SAVE plan borrowers

Student loan payments for some 8 million borrowers will remain on pause for six months or longer, a spokesperson for the U.S. Department of Education said.

Business - CNBC - October 21

You get a surprise bill that’s incorrect or unfair. Is it OK not to pay it?

Before you trash a bill, consider the potential hit to your credit score and borrowing rates.

Business - MarketWatch - 3 days ago

UK borrowing rises ahead of Budget

Official data shows borrowing - the difference between spending and tax take - reached £16.6bn last month.

What are the cheapest borrowing options this November?

Trying to find the most affordable loans right now? These options come with some of the lowest rates available now.

UK public borrowing exceeds official forecast in September

Data comes as chancellor Rachel Reeves prepares to raise taxes in next week’s Budget

Business - Financial Times - October 22

Treasury trims fourth-quarter borrowing estimate

The Treasury Department said Monday that it expects to borrow $546 billion in the fourth quarter, which is $19 billion lower than previously estimated.

Business - MarketWatch - October 28

Chris Mason: A change-making Budget and a moment of jeopardy

The government's fate will depend on whether it can make things better, says political editor Chris Mason.

UK Labour’s Budget borrows big, taxes more

Chancellor Rachel Reeves announced a £40bn tax increase and a sharp rise in borrowing

World - Financial Times - October 31

Investors' reaction to Budget 'very different' to Truss, says Reeves's deputy

Treasury secretary speaks out to reassure the markets after a rise in the cost of government borrowing.

Wise chief executive fined £350,000 over ‘tax issues’

UK financial regulator says Kristo Käärmann breached conduct rules but clears him to continue in his job

Business - Financial Times - October 28

UK borrowing costs hit post-election high on eve of Reeves’ first Budget

Chancellor will draw parallels with Tony Blair government’s efforts to repair country’s social fabric in late 1990s

Business - Financial Times - October 30

Housing benefit payments to be frozen next year

Labour has confirmed rates will stay the same next year, after several freezes over the past decade.

Woman 'sickened' by demands to return flood payment

Flood compensation was offered to businesses affected by heavy flooding in 2023.

dLocal, Viva Aerobus partner to ease payments for travellers

World - Yahoo News - November 8

£100 payment to help pensioners with winter fuel cuts

Pensioners affected by cuts to winter fuel support are to get a one-off £100 payment from Stormont.

Scottish Labour vows to reinstate winter fuel payments

Move by leader Anas Sarwar puts pressure on Keir Starmer to change policy for rest of UK

Business - Financial Times - 16 hours ago

Why home equity borrowers shouldn't wait for the November rate cut

If you need to access your home equity consider acting now, before a potential November rate cut. Here's why.

White House extends repayment freeze for 8 million student borrowers

Student loan payments for people enrolled in the Biden administration's SAVE plan will remain on hold for at least six more months.

2 cheap ways to borrow $100,000 worth of home equity right now

Need to borrow $100,000 from your home equity? Here are two of the cheapest ways to do so right now.

Lloyds Banking Beats Views as U.K. Borrowers Remain Resilient

The U.K.’s largest mortgage provider confirmed its full-year guidance after pretax profit fell by less than expected on lighter impairments for bad loans as British borrowers remained resilient ...

Business - The Wall Street Journal - October 23

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

Bond market braced for rise in UK debt issuance to £300bn this year

Investment banks pencil in second-biggest annual gilt sales figure on record ahead of Labour’s first Budget

Business - Financial Times - October 28

Beijing considers $1.4 trillion borrowing increase to support economy: Reuters

Fresh stimulus would help local authorities resolve off balance-sheet debt

Business - MarketWatch - October 29

Small Business Owners More Confident About Borrowing After Rate Cut

Entrepreneurs and the banks that finance their expansions and upgrades are more optimistic, as refinancing and new loans get easier.

Business - Inc. - October 29

Britain's Labour Party Bets on Big Taxes, Borrowing to Boost Economy

The U.K.’s new government presented its plan to jolt the country out of years of moribund growth: more taxes and a bigger state.

World - The Wall Street Journal - October 30

U.K. borrowing costs rise in volatile trade after budget delivered

U.K. government bond yields were volatile on Wednesday as traders initially welcomed news that the government would prioritize tax rises ahead of increased borrowing as it strives to fill a fiscal ...

Business - MarketWatch - October 30

UK borrowing costs rise as Reeves’ spending plans unnerve investors

Ten-year gilt yield hits five-month high after chancellor’s first Budget

Business - Financial Times - October 30

UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing

Taxes rise as chancellor delivers the first Labour budget since 2010

Business - Financial Times - October 30

UK borrowing costs hit highest level this year as gilt sell-off intensifies

Bond markets unnerved by scale of extra borrowing in chancellor Rachel Reeves’ Budget

Business - Financial Times - October 31

Surge in UK borrowing costs is not a repeat of the 'mini-budget' crisis, economists say

"It isn't anything like we saw with the Trussonomics mini-budget when that spike really was high after those unfunded tax cuts came in," one analyst said.

Business - CNBC - November 1

3 smart home equity borrowing moves to make this November

Considering tapping into your home equity this November? Here are three smart borrowing moves to know now.

China borrows almost as cheaply as US in return to dollar bond market

Investors place nearly $40bn of orders to buy $2bn of bonds issued by China’s finance ministry

Business - Financial Times - 5 days ago

Companies rush to US bond market as Trump rally cuts borrowing costs

Borrowers ‘strike while the iron’s hot’ to raise more than $50bn this week

Business - Financial Times - 5 days ago

Latest in Incorrect Payments Borrowers

Student loan servicers are pulling incorrect payments from borrowers' bank accounts, consumer protection bureau says

Student loan servicers are pulling incorrect payments from borrowers' bank accounts

Biden extends student loan payment pause by 6 months for 8 million SAVE plan borrowers

You get a surprise bill that’s incorrect or unfair. Is it OK not to pay it?

UK borrowing rises ahead of Budget

What are the cheapest borrowing options this November?

UK public borrowing exceeds official forecast in September

Treasury trims fourth-quarter borrowing estimate

Chris Mason: A change-making Budget and a moment of jeopardy

UK Labour’s Budget borrows big, taxes more

Investors' reaction to Budget 'very different' to Truss, says Reeves's deputy

Wise chief executive fined £350,000 over ‘tax issues’

UK borrowing costs hit post-election high on eve of Reeves’ first Budget

Housing benefit payments to be frozen next year

Woman 'sickened' by demands to return flood payment

dLocal, Viva Aerobus partner to ease payments for travellers

£100 payment to help pensioners with winter fuel cuts

Scottish Labour vows to reinstate winter fuel payments

Why home equity borrowers shouldn't wait for the November rate cut

White House extends repayment freeze for 8 million student borrowers

2 cheap ways to borrow $100,000 worth of home equity right now

Lloyds Banking Beats Views as U.K. Borrowers Remain Resilient

Biden Administration Floats Student Loan Relief for Borrowers Facing Hardship

Bond market braced for rise in UK debt issuance to £300bn this year

Beijing considers $1.4 trillion borrowing increase to support economy: Reuters

Small Business Owners More Confident About Borrowing After Rate Cut

Britain's Labour Party Bets on Big Taxes, Borrowing to Boost Economy

U.K. borrowing costs rise in volatile trade after budget delivered

UK borrowing costs rise as Reeves’ spending plans unnerve investors

UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing

UK borrowing costs hit highest level this year as gilt sell-off intensifies

Surge in UK borrowing costs is not a repeat of the 'mini-budget' crisis, economists say

3 smart home equity borrowing moves to make this November

China borrows almost as cheaply as US in return to dollar bond market

Companies rush to US bond market as Trump rally cuts borrowing costs

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