Loan Borrowers Facing

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

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.

Business - MarketWatch - October 25

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 - 4 days ago

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

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

Student loan legal battles delay SAVE borrowers' path to forgiveness

With the Biden administration's new student loan repayment plan is tied up in legal battles, millions of borrowers have had their monthly payments put on hold.

Business - CNBC - Yesterday

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 ...

Politics - The Hill - October 25

3 ways President-elect Donald Trump's next term may impact student loan borrowers

The former president will return to the White House in January 2025 following his win over Vice President Kamala Harris.

Business - CNBC - November 8

What will a second Trump term mean for student-loan borrowers? Project 2025 and the Betsy DeVos era offer clues

The president-elect’s approach to student-loan debt is likely to mark a radical departure from the Biden administration’s

Business - MarketWatch - November 12

30% of federal student loan borrowers have gone without food or medicine, CFPB finds

Thirty percent of student loan borrowers say they've gone without food or medicine due to their monthly bills, the Consumer Financial Protection Bureau finds.

Business - CNBC - November 13

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

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.

Business - CNBC - October 25

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.

Trump and student loans

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story What Trump's win means for student loan forgiveness Advocates are now focusing ...

Politics - The Hill - November 8

Is a $100,000 home equity loan worth it?

A $100,000 home equity loan could be worth opening for a wide swath of homeowners. Here's why.

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.

UK government borrowing for October exceeds forecasts at £17.4bn

Data highlights challenges facing chancellor Rachel Reeves

World - Financial Times - 2 days ago

What Trump Means for Small Business Borrowing

Banks and lenders are hoping that certain regulations can be relaxed to better spur economic growth.

Business - Inc. - 12 hours ago

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.

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.

Looking for a Last-Minute Loan? Try Shopify

Shopify Capital might come in handy over the holidays for the 2 million businesses that use the e-commerce platform.

Business - Inc. - October 30

Will home equity loan interest rates fall in November?

Waiting for a chance to tap into your home equity at an affordable rate? Here's where rates could head in November.

Everything you need to know about student loans

How do I get my student loan payments, what can I borrow and when do I have to start paying it back?

Trump’s Win Puts Student Loan Forgiveness Into Question

Trump and Republicans have been very critical of student loan forgiveness.

Business - Inc. - November 8

Former students urged to check for loan refunds

New figures show university graduates could be eligible for refunds worth nearly £200m.

Thames Water wins bondholder approval for £3bn emergency loan

Three-quarters of top ranking lenders approve expensive plan to avert cash crunch

Business - Financial Times - November 13

Is a HELOC or home equity loan better with inflation rising?

With inflation rising again, homeowners considering using their home equity should review both options carefully.

‘Question loan charge tax officials under oath’

MPs pledge independent inquiry into much-criticised policy

World - Financial Times - November 15

How will the Trump presidency affect student loan forgiveness?

President-elect Donald is returning to the White House after defeating Vice President Harris, but what will his second term mean for the millions of Americans with student loan debt?

Politics - The Hill - 5 days ago

EU pledges $96M loan to Cameroon to boost infrastructure

The European Union says it will lend 91 million euros to Cameroon over the next three years to boost the West African country’s infrastructure and attract foreign investment

World - ABC News - 4 days ago

Is a home equity loan safe right now?

Home equity loan interest rates have declined in 2024, but is this a safe way to borrow money right now?

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

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