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In rambling, hours-long speech, Trump introduces new car loan tax proposal
Trump was slated to announce a new economic proposal in Detroit. It took him quite a bit of time to…
Bryan Metzger
Welcome to interest-rate cut week: Here's how the Fed's next move will impact everything from home prices to new cars loans
The Federal Reserve is expected to finally announce interest-rate cuts this week. Here's everything…
Madison Hoff,Ayelet Sheffey
One chip company's newest tactic to attract workers: Help pay off their student loans
GlobalFoundries, a New York-based chipmaker, is offering employees up to $28,500 in student debt re…
Jacob Zinkula
I didn't cosign my kids' student loans because I couldn't take on more debt as a single mom. I supported them in other ways.
I didn't cosign my sons' student loans because I already had a mortgage and a car loan. Instead, I …
Lisa B. Samalonis
Meet the billionaire 'king of subprime car loans' whose company underwrote Trump's $175 million civil fraud bond
Don Hankey is worth an estimated $7.4 billion and built an empire on subprime car loans — and used …
Ana Altchek
I was drowning in $370,000 of student loan debt with my salary as a teacher. Then, it was all forgiven.
A woman with a Ph.D. and $370,000 in student loan debt struggled to pay down her loans. She cried w…
Sarah Graves
Student-loan borrowers have delayed buying a home or car, having kids, and getting married because of their debt — even for those with balances smaller than $10,000
A new Gallup survey found that 71% of student-loan borrowers have put off key life events, includin…
Ayelet Sheffey
Meet the millennials who got student-loan forgiveness and now have the freedom to save for retirement, grow their families, and consider going back to school
BI spoke to millennials who received student-loan forgiveness over the past few years due to Biden'…
Ayelet Sheffey,Katherine Tang…
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
It's the hardest time in recent history to get a car loan
Car buyers are facing some of the highest interest rates and car payments in history — at a time th…
Alexa St. John
Here’s how one can use the avalanche method to pay off lingering debts
One of the best debt payment strategies is known as the avalanche method. The process is simple. Yo…
I'm Gen Z and my parents help me financially. My dad says it's a loan against my inheritance.
I'm 25 and my parents have been helping me financially for years. The money they give me is helpful…
Katie Kasperson
Retail trumps corporate lending as small-ticket loans see fourfold jump in past two years
Personal loans are on the rise. The month of December has seen the category in lending-verse amass …
A boomer got $182,000 in student loans forgiven — plus a $1,800 refund. He can finally save for retirement and enjoy a spa day with his wife.
Larry, 60, has been making student-loan payments since 1995 after graduating from law school. He ne…
Ayelet Sheffey
Fisker owners say they're hunting for parts and struggling to keep their cars on the road after the company's bankruptcy
After the EV startup collapsed, owners who paid as much as $70,000 now find themselves stuck with v…
Tom Carter
A boomer with $50,000 in student loans voted for Trump in the last election. But with Biden's new repayment plan blocked, she's considering supporting a Democratic ticket.
Rebecca Hill, 61, is an independent voter who supported Trump. But GOP lawsuits blocking the SAVE s…
Ayelet Sheffey
RBI tightens norms on personal loans for banks and NBFCs; stocks to be under pressure
Shares of SBI Cards, RBL Bank, HDFC Bank and ICICI Bank are expected to come under pressure after…
RBI crackdown on personal loans – Bajaj Finance, IIFL, Aditya Birla and SBI Cards to take a bigger hit, say analysts
Reserve Bank of India’s crackdown on personal loan disbursals by banks and non-banking finance comp…
The dark truth behind RBI’s crackdown on easy personal loans
The Reserve Bank of India tightened capital norms for lenders disbursing unsecured loans to unsuspe…
Have a home loan? Take a term insurance policy to guarantee peace of mind
Any individual who is looking to take on a loan needs to factor in ways to mitigate the risks that …