Latest in Loan Borrowers Facing
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Top stories - CBS News
3 home equity loan risks to know this November
Home equity loans can be helpful for borrowers now but there are some risks to know this November. Here are three.57 minutes ago -
Business - CNBC
Biden's latest student debt plan would create forgiveness path for borrowers facing financial ruin
The Biden administration introduced a proposal to deliver student loan forgiveness to millions of people experiencing devastating financial hardship.3 hours ago - Joe Biden -
Top stories - BBC News
Thames Water secures £3bn loan to survive into 2025
The UK's biggest utility company agrees a lifeline to help it last until next October.6 hours ago -
Business - MarketWatch
Student-loan borrowers facing financial hardship could get debt forgiveness — if Biden’s new plan survives
Student-loan borrowers struggling financially may have a path toward debt relief if the Biden administration gets its way.7 hours ago - Joe Biden -
Politics - The Hill
8 million student loan borrowers would qualify for relief under Biden 'hardship' rules
The Biden administration announced on Friday proposed rules to give student debt relief to borrowers experiencing “hardship” in the president’s latest attempt to forgive student loans. The ...7 hours ago - Joe Biden -
Top stories - CBS News
Will a HELOC or home equity loan be better this November?
Not sure if a HELOC or home equity loan will be better for you this November? Here's what to consider now.22 hours ago -
Top stories - CBS News
Home equity loan dos and don'ts to know this November
Want to borrow from your home equity this November? Here's what you should (and shouldn't) do now.Yesterday -
Top stories - CBS News
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.Yesterday -
Business - Financial Times
US finalises $20bn loan to Ukraine
Treasury officials say at least half of the funds could be delivered to Kyiv before end of year2 days ago - Ukraine -
Business - The Wall Street Journal
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 ...2 days ago -
Business - Financial Times
Deutsche Bank warns of rising bad loan provisions
German lender posts record third-quarter profits but tells investors to brace again for credit risks2 days ago -
Business - CNBC
Borrowers on the SAVE plan will be in forbearance for at least 6 more months—what to know if you're enrolled or want to apply
Borrowers can once again apply for the new Saving on a Valuable Education plan, but it's unclear if and when the benefits will go into effect.2 days ago -
Top stories - BBC News
UK borrowing rises ahead of Budget
Official data shows borrowing - the difference between spending and tax take - reached £16.6bn last month.3 days ago - United Kingdom -
Business - Financial Times
UK public borrowing exceeds official forecast in September
Data comes as chancellor Rachel Reeves prepares to raise taxes in next week’s Budget3 days ago - United Kingdom -
Business - Financial Times
UK will provide $3bn towards G7 loan for Ukraine
US and Japan only member nations still to clarify their contributions to $50bn package3 days ago - Ukraine -
Top stories - CBS News
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.3 days ago -
Top stories - CBS News
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.3 days ago -
Business - CNBC
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.3 days ago - Joe Biden -
Business - MarketWatch
America’s economy looks strong. So why is Wall Street worrying about renters and younger borrowers?
It isn’t only subprime — renters and younger borrowers are weaker spots in an otherwise solid backdrop for consumer debt.3 days ago -
Business - Financial Times
US expected to pay up to $20bn into G7 loan for Ukraine
Washington’s contribution would follow months of wrangling to secure funding before presidential election6 days ago - Ukraine -
Business - Financial Times
UK ministers seek to reassure bond investors on their borrowing plans
Treasury chief secretary Darren Jones sets out ‘guardrails’ for investmentOctober 17 - United Kingdom -
Business - CNBC
Biden forgives more student loans: 60,000 borrowers will get notices canceling $4.5 billion in debt
The Biden administration announced on Thursday that it was forgiving another $4.5 billion in student debt for over 60,000 borrowers.October 17 - Joe Biden -
Top stories - NBC News
4.8M borrowers, including 1M in public service, have had student debt forgiven, Biden admin says
The Biden administration announced it has provided student debt relief to more than 1 million borrowers who work in public service and 4.8 million borrowers in total.October 17 - Joe Biden -
Politics - The Hill
SBA loan program runs out of money
Click in for the latest from The Hill {beacon} Energy & Environment Energy & Environment The Big Story SBA loan program runs out of money A federal program that provides disaster loans to ...October 15 -
Top stories - The New York Times
SBA Depletes Disaster Loan Funds After Helene and Milton, Biden Says
Federal officials urged people to keep applying for the loans, which they said they would continue to process while awaiting more funding from Congress, which is not set to reconvene until Nov. 12.October 15 - Joe Biden -
Top stories - CBS News
SBA runs out of funding for disaster relief loans after Helene, Milton
The Small Business Administration offers Economic Injury Disaster Loans to businesses and people affected by disasters.October 15 -
Politics - The Hill
SBA disaster loan program is out of money, says Biden
President Biden said on Tuesday that a key federal program that provides disaster loans to businesses and homeowners is tapped out on funds in the aftermath of back-to-back hurricanes. Biden said ...October 15 - Joe Biden -
Politics - Politico
Disaster loan program fully ‘exhausted’ with Congress still out of town
Without congressional action, the Small Business Administration can’t make new loan offers to people trying to rebuild after disasters like Hurricanes Helene and Milton.October 15 -
Top stories - NBC News
American consumers are increasingly underwater on their car loans
DETROIT — A growing number of Americans with auto loans owe more than their vehicles are worth, according to a report Tuesday from Edmunds.com.October 15 -
Business - CNBC
American consumers are increasingly underwater on their car loans
Edmunds.com reported that the average amount owed on upside-down loans climbed to an all-time high of $6,458 during the third quarter.October 15 -
Top stories - CBS News
Why home equity loan lending is rising (and what to do about it)
More and more borrowers are turning to home equity loans this year. Here's why you may want to pursue one, too.October 15 -
Top stories - CBS News
What to know before refinancing your home equity loan
As interest rates drop, borrowers may want to refinance their home equity loan. Here's what they should know first.October 15 -
Politics - The Hill
SBA disaster loan fund running low
Welcome to The Hill's Business & Economy newsletter {beacon} View Online Business & Economy Business & Economy The Big Story SBA disaster loan fund running low Congress is facing more pressure ...October 14 -
Business - Financial Times
Evening Standard kept afloat with £44mn in loans from Lebedev and other investors
Accounts show Russian-born peer also wrote to company promising to provide continued supportOctober 14 -
Business - Financial Times
Corporate debts mount as credit funds let borrowers defer payments
Use of payment-in-kind loan terms is growing as companies struggle with heavy leverage and high interest ratesOctober 14