Loan Debt - QuikReader

Is it ever OK to ignore credit card debt collectors?

It can be tempting to ignore debt collectors' aggressive tactics, but it's generally not the best approach to take.

‘Positive’ medical debt credit reporting is a Trojan horse

Congress shouldn’t be fooled and let a Trojan horse hurt consumers by nullifying state laws and the CFPB’s effort to get medical debt off credit reports.

Politics - The Hill - November 6

Trump is the right president to finally tackle the national debt

Trump’s electoral victory will be much less meaningful if he leaves office in four years without addressing our debt and deficit problems.

Politics - The Hill - 6 days ago

Can credit card debt in collections be forgiven?

There are lots of ways to deal with credit card debt that's in collections — but is debt forgiveness one of them?

Most Americans expect Trump to increase debt: Survey

A majority of Americans expect the national debt to rise under President-elect Donald Trump, according to a new Reuters/Ipsos survey conducted after the election. The poll found that 62 percent of ...

Politics - The Hill - 5 days ago

Most Americans Expect Trump to Increase National Debt

A Reuters/Ipsos poll shows a majority of people think the President-elect will drive the country further into debt, beyond its current $35 trillion level.

Business - Inc. - 5 days ago

Struggling With Debt? Bankruptcy Can Provide a Second Chance.

Many people who should consider filing for bankruptcy avoid doing so out of shame or fear it could ruin their credit. But it can provide much-needed relief.

Business - The New York Times - 4 days ago

Have $10,000 in credit card debt? Here's how much debt forgiveness could cover.

Pursuing debt forgiveness could substantially reduce the $10,000 credit card debt you're dealing with. Here's how.

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.

Have $7,500 in credit card debt? Here's what debt forgiveness could cover.

Getting rid of $7,500 in credit card debt could be easier with the help of a credit card debt relief program.

Have $25,000 in credit card debt? Here's what debt forgiveness could cover.

The right credit card debt forgiveness program could reduce your $25,000 credit card balance significantly.

Have $50,000 in credit card debt? Here's what debt forgiveness could cover.

With a credit card balance that high, the right debt forgiveness program could help you save a substantial amount.

Have $40,000 in credit card debt? Here's what debt forgiveness could cover.

The right debt forgiveness program could lead to hefty savings on a $40,000 debt. Here's how.

Have $35,000 in credit card debt? Here's what debt forgiveness could cover.

If you're facing $35,000 in credit card debt, debt forgiveness could have a big impact on your balance. Here's how.

What will a debt collector do if I can't pay old credit card debt?

There are a few different strategies debt collectors can use when you're unable to pay off what you owe.

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.

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.

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.

Politics - Politico - October 15

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.

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 ...

Politics - The Hill - October 15

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

Why a HELOC is better than a home equity loan going into November

With another interest rate cut looming for November, here's why homeowners should consider a HELOC now.

Biden administration forgives student loans for 60,000 public service workers

The Biden administration announced on Thursday that it is forgiving the student loans for more than 60,000 public service workers. The move gives $4.5 billion in debt relief to teachers, ...

Politics - The Hill - October 17

When will home equity loan interest rates fall again?

Home equity loan interest rates are on the decline. But when, precisely, will they fall again? Here's what to know.

Senate Republicans raise questions after funds for disaster loans exhausted

A group of GOP senators are pressing the Small Business Administration (SBA) for answers after officials said its disaster loan program exhausted its funds earlier this week in the aftermath of a ...

Politics - The Hill - October 18

Thames Water bondholders fall out over emergency loan

Lower-ranking creditors complain to utility they have been cut out of restructuring negotiations

Business - Financial Times - October 18

European Parliament votes in favour of €35 billion loan for Ukraine

World - Yahoo News - October 22

G7 Finalizes $50 Billion Ukraine Loan Backed by Russian Assets

The economic lifeline is expected to be disbursed by the end of the year.

Business - The New York Times - October 24

What causes home equity loan interest rates to drop? And will they keep falling?

Home equity rates have dropped since the Fed's last meeting. Here's what they could do in the future, experts say.

Oaktree-backed bank under court administration over mafia-linked loans

Milan prosecutor says there is evidence of state-guaranteed loans given to businesses connected to organised crime

World - Financial Times - October 24

Biden tries again at student loan cancellation, for those in financial hardship

The Biden administration is moving ahead with a new path to student loan cancellation for Americans who face steep medical bills, child care costs and other types of financial hardship that prevent ...

Thames Water seeks up to £3bn in emergency loans from creditors

New debt would involve 9.75% interest charges as utility group seeks to stave off nationalisation

Business - Financial Times - October 25

Is a reverse mortgage or home equity loan better for seniors? Experts weigh in

Seniors have a few options for tapping into their home's equity, but certain options may be better than others.

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 redress