Latest in Loan Borrowers May
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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 riskWorld - 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.Top stories - BBC News - November 7 -
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.Top stories - CBS News - November 7 -
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.Top stories - CBS News - November 7 -
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.Top stories - CBS News - November 11 -
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.Top stories - CBS News - November 11 -
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.Top stories - CBS News - November 12 -
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 crisisBusiness - Financial Times - November 13 -
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."Top stories - CBS News - November 13 -
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’ leftWorld - Financial Times - November 13 -
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.Top stories - BBC News - November 13 -
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 - November 14 -
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.Top stories - CBS News - November 14 -
From Maupay to Doak: how Premier League players are faring on loan
We assess 10 players who made temporary summer moves, including an unusually small goalkeeper who is thriving. It seemed very sensible to send the creative midfielder to learn more about top-flight ...World - The Guardian - November 15 -
Thames Water’s emergency loan could cost £800mn in interest and fees
Mooted £3bn loan will hit customers and drain troubled utility’s resources, warn expertsWorld - Financial Times - November 17 -
How far have home equity loan interest rates fallen in 2024?
Home equity loan interest rates have been on a steady downward path all year. Here's what to know now.Top stories - CBS News - November 18 -
4 risks of waiting for home equity loan interest rates to fall further
Home equity loan interest rates are falling, but is it worth waiting for them to drop further? Here's what to know.Top stories - CBS News - November 18 -
Should you take out a mortgage loan now or wait until 2025?
If you're on the fence about whether to buy a home now or delay further, here's what you should know.Top stories - CBS News - November 19 -
Why home equity loans are better than refinancing right now
There's a compelling argument to be made for using a home equity loan over a refinance loan right now. Here's why.Top stories - CBS News - November 19 -
Transfer rumors, news: Chelsea turn to Ferguson, Delap over Osimhen
Chelsea want a striker, with Brighton's Evan Ferguson and Ipswich's Liam Delap on a shortlist. Transfer Talk has the latest news, gossip and rumors.Sports - ESPN - November 22 -
Biden officials, Republicans point fingers over exhausted disaster loans program
A blame game between the Biden administration and GOP lawmakers is underway after a key disaster loan program saw its funds run out in the middle of a destructive hurricane season. The Biden ...Politics - The Hill - 4 days ago -
When will personal loan interest rates drop? Experts weigh in
Personal loans were not immune from recent interest rate hikes. Here's when experts think they could drop again.Top stories - CBS News - 3 days ago -
Biden administration preliminarily OKs $6.6B loan to EV maker Rivian
The Biden administration has preliminarily said it would give a $6.6 billion loan to electric vehicle maker Rivian for a plant in Georgia. The administration said the loan would support the ...Politics - The Hill - 3 days ago -
Rivian to use Biden administration loan to boost competitiveness of its EVs
Rivian said it will use a $6.6 billion government loan to “aggressively” scale manufacturing of its R2, which is coming in 2026.Business - MarketWatch - 3 days ago -
Some businesses struggle to pay back pandemic-era loans
In 2020, the Federal Reserve established the Main Street Lending Program to support mid-size businesses during the pandemic. Now, those businesses are having trouble catching up on those loan ...Top stories - CBS News - 3 days ago -
Labour’s hedge fund donors took low-tax option of £160mn loans
Quadrature Capital partners may face lower bill from arrangement compared with dividends, say expertsWorld - Financial Times - Yesterday -
FirstFT: US consumers continue to spend, spend, spend
Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election resultWorld - Financial Times - October 31 -
UK borrowing costs soar day after Labour government unveiled tax-raising budget
U.K. bond yields spiked sharply Thursday after the ruling Labour Party unveiled a sweeping package of tax hikes and increased borrowing.Business - CNBC - October 31