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A major student-loan company is being punished for preventing over 460,000 borrowers from accessing cheaper monthly payments
The Education Department placed a second penalty on student-loan company MOHELA over failure to pro…
Ayelet Sheffey
Three out of 5 consumers think it's normal to exaggerate income on loan applications: Survey
"Three in five consumers (63 per cent) think it is OK or normal for people to exaggerate their …
PTI
Why 1 in 2 Indians reject bank applications: FICO survey insights
Why 1 in 2 Indians reject bank applications: FICO survey insights
Consumption loan portfolio expands 15% to Rs 90 lakh crore in FY24, notes CRIF report
The home loans portfolio saw growth slowing down to 7.9 % YoY in FY24, from the 23 % expansion seen…
PTI
A millennial with a doctoral degree and over $250k in student loan debt says she's been looking for a job for 4 years. She wishes she prioritized work experience over education.
A millennial said she regrets her degrees and recommends people do their homework before pursuing h…
Jacob Zinkula
Millions of student-loan borrowers are waiting for broad debt cancellation. The next president won't have any immediate answers.
Millions of student-loan borrowers were counting on debt cancellation under Biden. Then came the la…
Ayelet Sheffey
Rs 782.26 crore distributed to 12.72 lakh ineligible beneficiaries under KALIA scheme: CAG
The scheme was launched in December 2018 to provide financial assistance to farmers, landless agric…
PTI
8 million student-loan borrowers struggling to afford key long-term expenses could get debt cancellation through a new Biden proposal
The Education Department released its proposal to get student-debt relief to borrowers facing finan…
Ayelet Sheffey
FM announces credit guarantee scheme, other measures for MSMEs
The credit guarantee scheme for MSMEs in manufacturing will operate on the pooling of credit risks …
PTI
I moved to the US from India and took out a $59K loan to follow my dream of landing a job in Big Tech. My risk paid off.
A millennial software engineer in India took out a $59,000 loan to study in the US, and landed a jo…
Ella Hopkins
A second Trump term would be 'chaos' for student loan borrowers
Trump has intensified his verbal attacks on student loan forgiveness and a recent Supreme Court rul…
Katherine Tangalakis-Lippert
DHFL scam, simplified: Here’s all about the Dheeraj Wadhawan case — allegedly India’s biggest banking loan fraud ever
The CBI also explains that the Wadhawans had allegedly created lakhs of fake borrowers by randomly …
The Biden administration is giving entrepreneurs a shot at loans up to $2 million for climate-focused projects
The SBA is increasing its maximum loan amount for climate-focused projects as part of the green len…
John Towfighi
A major student-loan company is 'improperly' rejecting some borrowers for debt cancellation they qualify for, 18 Democratic lawmakers say
Sen. Elizabeth Warren is leading her colleagues in asking student-loan company Navient for answers …
Ayelet Sheffey
After various degrees and a brain injury, I owe $150,000 in student loans. The lawsuits and election only make it worse.
Shanna Hayes owes more than $150,000 in student loans, made worse after a brain injury. The electio…
Alice Tecotzky
Millions of student-loan borrowers should be on the lookout for an email update on Biden's broader debt cancellation plan. They might need to take action.
The Education Department is taking another step toward implementing its broader student-loan forgiv…
Ayelet Sheffey
Some student-loan borrowers might get debt cancellation now that a major forgiveness program is back
The Public Service Loan Forgiveness program was paused in May as borrowers were transitioned away f…
Ayelet Sheffey
Student-loan borrowers on Biden's new repayment plan have 2 options to get credit toward debt cancellation while the program is blocked
With the SAVE plan blocked, student-loan borrowers have a couple of options to get credit toward de…
Ayelet Sheffey
Elizabeth Warren is asking a major student-loan company to cancel debt for borrowers with 'decades-old predatory private' loans. Here's how.
Millions of student-loan borrowers are being transferred from Navient to MOHELA. Elizabeth Warren w…
Ayelet Sheffey
Ashneer Grover set to launch app for medical loans 'ZeroPe'
BharatPe co-founder and former MD Ashneer Grover is set to launch a new app called 'ZeroPe' that wi…