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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 redressBusiness - 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 recallSports - 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 liabilityTop stories - ABC News - October 27 -
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.Top stories - CBS News - October 29 -
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.Top stories - CBS News - October 30 -
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 loadBusiness - 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.Top stories - CBS News - November 1 -
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.Top stories - CBS News - 5 days ago -
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 - 2 days ago -
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 - 2 days ago -
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 - 2 days ago -
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 - 2 days ago -
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 - 2 days ago -
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 - 2 days ago -
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 - Yesterday -
How to Deal With AI Job Applications
The use of AI by job seekers has increased recently–a symptom of a broken recruiting system. Is there hope that the job search and hiring process will get any better?Business - Inc. - October 14 -
Harris proposes 1 million forgivable loans to Black entrepreneurs, as Trump makes inroads
Vice President Kamala Harris unveiled an "Opportunity Agenda" plan for Black men, which includes providing forgivable loans to entrepreneurs.Business - CNBC - October 14 -
How much does a $200,000 home equity loan cost per month now that rates are cut?
As interest rates fall, home equity loans become cheaper. Here's what a $200,000 home equity loan costs monthly now.Top stories - CBS News - October 14 -
Here's who would benefit from Trump's proposed tax break on car loan interest
A tax deduction on car-loan interest proposed by former president Donald Trump would likely benefit wealthier taxpayers who buy expensive cars, experts said.Business - CNBC - October 14 -
Citigroup earnings top estimates, but stock falls as bank boosts loan loss reserves
The bank's third-quarter report was stronger than Wall Street expected but still showed a year-over-year decline in earnings.Business - CNBC - October 15 -
How much does a $15,000 home equity loan cost monthly now that rates were cut?
A home equity loan for $15,000 comes with inexpensive monthly payments now. Here's what to know.Top stories - CBS News - October 15 -
Small Business Administration disaster loan program exhausts funds after Hurricane Helene
The Small Business Administration said it has exhausted funds for its disaster loan program following increased demand from Hurricane Helene, with Congress being in recess.Top stories - NBC News - October 15 -
Small Business Administration pausing disaster loans, program out of money until Congress returns
The Small Business Administration has run out of the money it was using for loans to help business owners recover from Hurricanes Milton and Helene. CBS News congressional correspondent Scott ...Top stories - CBS News - October 16 -
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 ...Top stories - ABC News - October 17 -
Gevo stock soars on $1.46 billion DOE loan for sustainable aviation fuel plant
Shares of Gevo Inc. are climbing 38.2% in premarket trades Thursday after the renewable chemicals and biofuels company received a commitment for a $1.46 billion loan from the U.S. Department of ...Business - MarketWatch - October 17 -
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.Business - CNBC - October 17 -
Biden’s Student Loan Forgiveness Program Has Canceled Debt for Over One Million People
An effort to revive and maximize use of the Public Service Loan Forgiveness program has resulted in student loan forgiveness for over one million people.Top stories - The New York Times - October 17 -
El Salvador gets $1bn US-backed loan from JPMorgan to refinance debt
Deal linked to promise of river conservation is latest example of increasingly popular ‘debt for nature swaps’World - Financial Times - October 17 -
Biofuels stock Gevo continues rally, boosted by $1.46 billion Energy Department loan
Shares of renewable-chemicals and biofuels company Gevo continued their rally Friday, lifted by a $1.46 billion loan commitment from the U.S. Energy Department earlier this week.Business - MarketWatch - October 18 -
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