Latest in Loan Relief Borrowers
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Business - The New York Times
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.6 hours ago - Joe Biden -
Top stories - CBS News
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.11 hours ago -
Top stories - BBC News
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.17 hours ago -
Business - MarketWatch
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.18 hours ago - Joe Biden -
Politics - The Hill
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 ...18 hours ago - Joe Biden -
Top stories - CBS News
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.Yesterday -
Top stories - CBS News
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.2 days ago -
Top stories - CBS News
2 cheap ways to borrow $100,000 worth of home equity right now
Need to borrow $100,000 from your home equity? Here are two of the cheapest ways to do so right now.2 days ago -
Business - Financial Times
US finalises $20bn loan to Ukraine
Treasury officials say at least half of the funds could be delivered to Kyiv before end of year2 days ago - Ukraine -
Business - The Wall Street Journal
Lloyds Banking Beats Views as U.K. Borrowers Remain Resilient
The U.K.’s largest mortgage provider confirmed its full-year guidance after pretax profit fell by less than expected on lighter impairments for bad loans as British borrowers remained resilient ...2 days ago -
Business - Financial Times
Deutsche Bank warns of rising bad loan provisions
German lender posts record third-quarter profits but tells investors to brace again for credit risks2 days ago -
Top stories - BBC News
UK borrowing rises ahead of Budget
Official data shows borrowing - the difference between spending and tax take - reached £16.6bn last month.3 days ago - United Kingdom -
Business - Financial Times
UK public borrowing exceeds official forecast in September
Data comes as chancellor Rachel Reeves prepares to raise taxes in next week’s Budget3 days ago - United Kingdom -
Business - Financial Times
UK will provide $3bn towards G7 loan for Ukraine
US and Japan only member nations still to clarify their contributions to $50bn package4 days ago - Ukraine -
Top stories - CBS News
White House extends repayment freeze for 8 million student borrowers
Student loan payments for people enrolled in the Biden administration's SAVE plan will remain on hold for at least six more months.4 days ago -
Top stories - CBS News
Trump repeats FEMA Helene relief disinformation
Former President Donald Trump is touring areas in North Carolina where Hurricane Helene hammered entire communities. During his tour, Trump repeated claims that federal aid for survivors is being ...4 days ago - Donald Trump -
Top stories - CBS News
Why home equity borrowers shouldn't wait for the November rate cut
If you need to access your home equity consider acting now, before a potential November rate cut. Here's why.4 days ago -
Business - CNBC
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.4 days ago - Joe Biden -
Business - Financial Times
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 electionOctober 18 - Ukraine -
Business - Financial Times
UK ministers seek to reassure bond investors on their borrowing plans
Treasury chief secretary Darren Jones sets out ‘guardrails’ for investmentOctober 17 - United Kingdom -
Top stories - CBS News
Relief, NC: Hurricane Helene | Sunday on 60 Minutes
Sunday on 60: Sharyn Alfonsi surveys one of the hardest-hit areas by Hurricane Helene, a Category 4 storm that tore through six states. Alfonsi visits communities in rural western North Carolina ...October 17 -
Business - CNBC
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.October 17 - Joe Biden -
Top stories - CBS News
Small Business Administration out of disaster relief funds
The Small Business Administration, a key federal program that provides disaster loans, said it has run out of funds for new emergency loans following hurricanes Helene and Milton.October 15 -
Politics - The Hill
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 ...October 15 -
Top stories - The New York Times
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.October 15 - Joe Biden -
Top stories - CBS News
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.October 15 -
Top stories - NBC News
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.October 15 -
Business - CNBC
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.October 15 -
Top stories - CBS News
Arrest made in reported threats against FEMA over hurricane relief efforts
An arrest has been made following reports of an armed threat against FEMA workers in North Carolina who are helping victims impacted by Hurricane Helene. It comes amid a rise in misinformation and ...October 15 -
Politics - The Hill
Hurricane misinformation hinders relief efforts: DHS head
{beacon} Energy & Environment Energy & Environment The Big Story Mayorkas warns of hurricane misinformation Homeland Security Secretary Alejandro Mayorkas warned over the weekend that hurricane ...October 14 -
Politics - The Hill
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 ...October 14 -
Top stories - CBS News
Arrest made after FEMA crews threatened amid hurricane relief efforts
FEMA says its disaster assistance teams will be at fixed locations after National Guard troops reportedly encountered armed militia who said they were "hunting FEMA" in North Carolina.October 14 -
Top stories - CBS News
FBI warning about scams surrounding hurricane relief
Post-disaster fraud has become a big business as the FBI says it has had over 26,000 complaints with over $312 million lost on disaster relief scams in the last five years. CBS News Confirmed ...October 14 -
Business - Financial Times
Corporate debts mount as credit funds let borrowers defer payments
Use of payment-in-kind loan terms is growing as companies struggle with heavy leverage and high interest ratesOctober 14 -
Top stories - The New York Times
Biden Visits Florida After Hurricane Milton and Calls for Bipartisan Relief Effort
The president surveyed damage in Florida and announced $612 million for projects to help the electric grid in areas affected by Hurricanes Helene and Milton.October 14 - Joe Biden -
Top stories - CBS News
Biden announces $600 million for Florida hurricane relief
President Biden traveled to Florida on Sunday, where he announced more than $600 million in aid to help recovery efforts from hurricanes Helene and Milton. Mr. Biden has asked Congress to return ...October 13 - Joe Biden -
Politics - Politico
Johnson: Congress coming back early for hurricane relief would be ‘premature’
Congress is not scheduled to be back in session until after the election.October 13