Loan Debt Plan - QuikReader

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

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

Here's how an 86-year-old grandmother got her nearly $32,000 private student loan debt forgiven

Some lenders of private student loans offer disabled borrowers a way to get their debt forgiven. But the process is difficult to learn about and to navigate.

Business - CNBC - 6 days ago

Have $15,000 in credit card debt? Here's what a debt forgiveness plan could cover.

If you're dealing with $15,000 in credit card debt, this type of debt relief could offer a reprieve. Here's how.

Holiday shoppers plan to spend more while taking on debt this season

Leaning on credit cards, or even buy now, pay later, to purchase holiday gifts will come at a high cost if there are missed or late payments.

Business - CNBC - October 16

Biden unveils new student debt plan for people with financial hardships

President Joe Biden's plans to forgive student debt have hit legal roadblocks. Now a new plan would look to help people experiencing financial hardships.

Klarna sells loans to hedge fund Elliott to free up £30bn for growth

Firm founded by US financier Paul Singer will take on risks and returns of the ‘buy now, pay later’ portfolio

Business - Financial Times - October 16

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

Have $20,000 in credit card debt? Here's how much a forgiveness plan could cover.

Credit card debt forgiveness can help you dig out of debt. Here's how much of a $20,000 debt a forgiveness plan can cover.

Stuck with $30,000 in credit card debt? Here's how much a forgiveness plan can cover.

A $30,000 debt balance can be debilitating for your finances. Here's how much a forgiveness plan can reduce it by.

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

China approves $840B plan to refinance local government debt, boost slowing economy

China has announced a 6 trillion yuan ($839 billion) plan to help local governments refinance their mountains of debt in the latest push to rev up growth in the world's second largest economy

World - ABC News - Yesterday

I’m planning to loan my son money to build a house — he was priced out of the housing market. What could go wrong?

”I haven’t heard of anyone doing this, so I’m not sure it’s even legal.”

Business - MarketWatch - October 17

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 - 15 hours ago

What debt types does debt consolidation cover?

Debt consolidation can be a smart way to cut down on interest charges — but there are limitations to know about.

The great wall of debt

Given the pile of maturing financing, 2025 and 2026 will prove challenging years for investors

Business - Financial Times - October 17

US finalises $20bn loan to Ukraine

Treasury officials say at least half of the funds could be delivered to Kyiv before end of year

Business - Financial Times - October 23

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.

Will credit card debt forgiveness cover my $40,000 debt?

Getting rid of your credit card debt is important, but is debt forgiveness the right approach? Here's what to know.

Will credit card debt forgiveness cover my $15,000 debt?

If you're trying to tackle $15,000 in credit card debt, it's important to find the right strategy first.

Will credit card debt forgiveness cover my $25,000 debt?

With credit card interest rates high, many borrowers may need forgiveness now. But can it cover $25,000 worth of debt?

Will credit card debt forgiveness cover my $3,000 debt?

Stuck with a $3,000 credit card bill? Here's how to get help now.

Will debt collectors sue over a $3,000 credit card debt?

A $3,000 credit card debt may seem minor, but some debt collectors could still aggressively pursue it. Here's why.

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 ...

Politics - The Hill - October 14

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.

Business - CNBC - October 15

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.

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.

Top stories - The New York Times - October 15

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 ...

Politics - The Hill - October 15

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 election

Business - Financial Times - October 18

UK will provide $3bn towards G7 loan for Ukraine

US and Japan only member nations still to clarify their contributions to $50bn package

Business - Financial Times - October 21

Deutsche Bank warns of rising bad loan provisions

German lender posts record third-quarter profits but tells investors to brace again for credit risks

Business - Financial Times - October 23

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.

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.

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.

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