Student loan borrowers are frustrated with servicers ahead of payment restart
With less than a month before federal student loan payments restart after the years-long pandemic pause, many borrowers are having a hard time connecting with their loan servicer.
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China's Aug new yuan loans seen rebounding on policy support - Reuters poll
BEIJING China's new yuan loans are expected to rebound in August after tumbling in July to the lowest
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4 million people enroll in Biden's SAVE student loan repayment plan ahead of payment restart
More than 4 million people have so far enrolled in President Joe Biden's new repayment plan, known as SAVE, which promises to lower their monthly bills as student loan payments are set to resume in October after a yearslong pandemic-related pause.
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What a doctor's death in a lift tells us about Africa's debt crisis
Nigeria spends twice as much on debt repayments than on health and education combined, a report says.
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Student loan interest resumes Friday and payments restart in October. Here's what borrowers should know
For the first time in more than three years, federal student loan borrowers will be required to pay their monthly student loan bills starting in October. The pandemic-related pause, which went into effect in March 2020, provided relief to nearly 44 million borrowers by freezing their accounts.
1970-01-01 08:00
Biden cancels $72 million in student loan debt for borrowers who went to for-profit Ashford University
Even though President Joe Biden's student loan forgiveness program was blocked by the Supreme Court earlier this year, his administration is moving forward with more targeted student debt cancellations allowed under existing programs.
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New Biden student loan plan cuts payments for millions, White House says
WASHINGTON The Biden administration on Tuesday said it was overhauling student loan repayment plans, seeking to make payments
1970-01-01 08:00
Italy's bad loan proposal alarms investors
By Valentina Za and Angelo Amante MILAN A proposed law by Italian Prime Minister Giorgia Meloni's party to
1970-01-01 08:00
China July new bank loans tumble, credit growth weakens further
By Kevin Yao and Qiaoyi Li BEIJING (Reuters) -China's new bank loans tumbled in July and other key credit gauges
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Credit card and car loan delinquencies pass pre-Covid levels as consumers get squeezed
More Americans are failing to make payments on their credit cards and auto loans, another sign of rising financial pressure on consumers.
1970-01-01 08:00
China's July new yuan loans seen dipping after record H1 - Reuters poll
BEIJING China's new yuan loans are expected to fall sharply in July from June after record lending in
1970-01-01 08:00
PE firm KKR acquires $373 million portfolio of Synovus Bank's prime auto loans
Private equity giant KKR said on Tuesday it had acquired a $373 million portfolio of prime auto loans
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