Latest in Student Loan Servicer
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Biden canceling student loan debt for 55K public service workers
President Biden announced on Friday he would be canceling more student debt for tens of thousands of public service workers, possibly his last major move on the issue before leaving office in a ...The Hill - 6h -
Student loan servicer transfer led to 'millions of consumer credit reporting errors': Lawmakers
A “faulty” transfer of student loan accounts from Nelnet to Mohela in 2023 led to “millions of consumer credit reporting errors,” lawmakers say in a new letter to government agencies reviewed by CNBC.NBC News - 1d -
Student loan servicer transfer led to 'millions of consumer credit reporting errors': Lawmakers
A "faulty" transfer of student loan accounts from Nelnet to Mohela led to "millions of consumer credit reporting errors," lawmakers say in a new letter.CNBC - 1d -
HELOC or home equity loan: Which will be better in 2025?
Home equity loan and HELOC rates differ in numerous ways, which could influence your choice between the two.CBS News - 1d -
How to get a low student loan rate for the spring 2025 semester
Using these strategies could help you secure the lowest student loan rate possible, experts say.CBS News - 1d -
Car loan scandal payouts row - what's it about?
The Supreme Court will make a key decision which could unlock compensation for millions of motorists.BBC News - 1d -
Financial Services Roundup: Market Talk
Find insight on UniCredit, QBE Insurance, EFG International and more in the latest Market Talks covering Financial Services.The Wall Street Journal - 1d -
3 home equity loan risks to know going into 2025
A home equity loan can be a smart way to borrow a large sum of money now (if you avoid these three risks).CBS News - 2d -
Bust Premiership trio owe £30m in unpaid Covid loans
London Irish, Wasps and Worcester went out of business needing to repay more than £30m of Covid relief loans, a National Audit Office report says.BBC News - 2d -
Federal student loan forgiveness opportunities lost to those who refinance, CFPB warns
With the Federal Reserve's recent cuts to interest rates, more federal student loan borrowers are wondering if they should refinance. The CFPB has warnings.CNBC - 3d -
PG&E Secures $15 Billion Loan From U.S. Energy Department
The loan, the biggest-ever commitment from the Loan Programs Office, is intended to fund the California utility’s grid and climate resiliency projects.The New York Times - 3d -
Biden Administration Agrees to Record $15 Billion Loan to PG&E
The Energy Department loan would finance the California utility’s efforts to upgrade the power grid and reduce emissions.The Wall Street Journal - 3d -
Biden's student loan forgiveness ‘Plan B’ is in its ‘last step,’ expert says. What borrowers need to know
With weeks to go before President-elect Donald Trump takes office, the Biden administration is still taking steps to deliver sweeping student loan forgiveness to millions of Americans.NBC News - 3d -
Biden's student loan forgiveness 'Plan B' is in its 'last step,' expert says. What borrowers need to know
The Biden administration is still taking steps to deliver sweeping student loan forgiveness to millions of Americans.CNBC - 3d -
Home equity loan vs. mortgage refinance: Which will be better in 2025?
Both have unique features for homeowners now. Here's how to determine which is better for you going into 2025.CBS News - 4d -
‘I take pride in being debt-free’: My husband owes thousands of dollars in student loans and credit-card debt. Will I be on the hook if he dies?
“We own a house together through a joint trust, but our bank accounts and credit cards are all held separately.”MarketWatch - 5d -
Home equity loan vs. reverse mortgage: Which will be better for 2025?
Both options offer homeowners unique access to home equity. Here's how to determine which will be better in 2025.CBS News - Dec. 13 -
Financial Services Roundup: Market Talk
Find insight on the challenge for European banks, London Stock Exchange Group, Swiss insurers and more in the latest Market Talks covering financial services.The Wall Street Journal - Dec. 12 -
Financial Services Roundup: Market Talk
Find insight on Austrian bonds, European banks and more in the latest Market Talks covering Financial Services.The Wall Street Journal - Dec. 11 -
Ukraine war escalates as Biden sends $20bn loan before Trump presidency
Both sides scramble to put their forces in best position in preparation for expected change in US foreign policy. The grinding war between Ukraine and its Russian invaders has escalated ahead of ...The Guardian - Dec. 11 -
'I wish I never got that loan': Small businesses say Covid loan repayments became a nightmare
Small-business owners say their Covid disaster loans were wrongly deemed delinquent or in default as a result of errors by the Small Business Administration.NBC News - Dec. 10 -
US loans Ukraine $20B from seized Russian assets
The Treasury Department gave Ukraine a $20 billion loan funded by seized Russian assets Tuesday as part of a broader Group of Seven (G7) effort to boost the country's defense. The money will be ...The Hill - Dec. 10 -
U.S. Transfers $20 Billion Loan to Ukraine Backed by Russian Assets
The economic lifeline ensures that Ukraine will have economic support after President-elect Donald J. Trump takes office.The New York Times - Dec. 10 -
Car loan scandal victims told to complain to their lender
Aggrieved car buyers who feel they were mis-sold a loan should complain to their lender, MPs hear.BBC News - Dec. 10 -
Students priced out of London as rents rise faster than loans
Pressure on government to take action over the ‘cost of learning crisis’ in the UK capitalFinancial Times - Dec. 10 -
Should you open a home equity loan before the December Fed meeting?
Do you need to apply for a home equity loan before the Fed's December meeting? Here's what borrowers should do now.CBS News - Dec. 9 -
Director claimed £50k Covid loan then closed firm
The Insolvency Service says there is no evidence the company had ever traded.Yahoo Sports - Dec. 7 -
How to get a low home equity loan rate for 2025
Ready to borrow from your home equity? Here are three ways to get a low home equity loan rate for 2025.CBS News - Dec. 6 -
Australia boosts loan for rare-earths refinery in bid to break China’s dominance
Government increases backing for Iluka Resources to build country’s first processing facility for rare earthsFinancial Times - Dec. 6 -
Biden administration under pressure to forgive more student loan debt before Trump takes office
With just a little more than a month and a half left in office, President Joe Biden is under pressure to forgive more student loan debt.CNBC - Dec. 5 -
Financial Services Roundup: Market Talk
Find insight on Perpetual, Bank of Montreal, CIBC and more in the Market Talks covering Financial Services.The Wall Street Journal - Dec. 5 -
Relic of the Buddha loaned by China gets a warm welcome in Thailand
More than 2,000 people have taken part in a procession to escort a relic of the Buddha, lent by China, to a shrine in Bangkok to honor the birthday of Thai King Maha Vajiralongkorn and to celebrate ...ABC News - Dec. 4 -
More employers add 401(k) plan match for workers paying student loans
The share of businesses choosing to offer a 401(k) plan match based on student loan payments is slowly increasing due to a law known as Secure 2.0.CNBC - Dec. 4 -
Why you should get a home equity loan for 2025
A home equity loan can be a smart financial tool for homeowners heading into 2025. Here's why.CBS News - Dec. 4 -
Student loan borrowers may find bankruptcy harder under Trump
The Biden administration's more lenient policy toward student loan borrowers filing for bankruptcy may come to an end with the election of Donald Trump.CNBC - Dec. 4 -
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Vivek Ramaswamy Calls Out Loans for Electric Vehicle Manufacturing
Ramaswamy will co-lead the planned Department of Government Efficiency along with Tesla CEO Elon Musk. One of the loans is for Rivian, a Tesla competitor.Inc. - Dec. 3 -
What drives home equity loan interest rates?
Wonder what impacts home equity borrowing rates? Here are the factors borrowers should be aware of.CBS News - Dec. 3 -
Thames Water creditors veto use of £3bn loan to pay fines
Troubled utility faces fines of £400mn by March 2027 as it tries to avoid renationalisationFinancial Times - Dec. 3 -
What's the home equity loan interest rate forecast for December 2024?
Will December be a good time to borrow from your home equity? Here's where rates could head this month.CBS News - Dec. 3
