You Searched For "covid loans" and got 18 results
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3 mins read
Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report
As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…
3 mins read
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
2 mins read
Trump lender Axos plunges 15% after short-seller report flags real-estate loan risk
Hindenburg Research announced a short position in Axos Financial, a California-based lender with ri…
Filip De Mott
4 mins read
India’s corporates in ‘wait and watch’ mode as consumption loans zoom
Large corporates are still not driving India’s credit growth as private capital expenditure is yet …
2 mins read
Instagram influencer sentenced to 5 years in prison for using fraudulently obtained COVID-19 relief loans for luxury lifestyle, travel
Instagram influencer Danielle Miller was sentenced to five years in prison for fraudulently obtaini…
Rebecca Rommen
3 mins read
Student-loan borrowers could benefit from Biden's new debt cancellation plan as early as this fall. Here's what you need to know.
Over 30 million student-loan borrowers could benefit from Biden's new debt relief plan after the Su…
Ayelet Sheffey
3 mins read
A $0 monthly student-loan payment could hurt some borrowers in the long term. An upcoming policy could change that.
The Philadelphia Fed found that having a $0 monthly student-loan payment helps borrowers who need i…
Ayelet Sheffey
1 min read
CreditNinja, which has charged loan customers an interest rate of 447%, is complaining that their $1 million PPP loan forgiveness request was rejected
CreditNinja, a broker which has given loans with interest rates as high as 447%, believes the SBA s…
Azmi Haroun
5 mins read
Student-loan borrowers are taking on more debt, and it's not all tuition — blame skyrocketing housing costs
College towns have gotten so expensive that some students are going deeper into debt to afford hous…
Eliza Relman,Ayelet Sheffey
4 mins read
An influencer who used a $1.5 million COVID-19 relief loan on luxury clothes and designer handbags has now been ordered to give them up
According to court documents, Danielle Miller is ordered to forfeit multiple Dior items, a Louis Vu…
Kieran Press-Reynolds
5 mins read
Retail auto sales grow 11% in September, but still below pre-Covid levels, says FADA
However, when compared to the pre-pandemic month of September 2019, sales were down 4%, FADA sai…
3 mins read
The student-loan payment restart is about to put pressure on an already-fragile economy
Student-loan payments were paused for over three years, and the economy survived without them. That…
Ayelet Sheffey
3 mins read
Student loan payments are back. For many, that means the golden era of splashy vacations and nonstop travel is over.
Student loan borrowers enjoyed a few years of freewheeling travel when payments were paused. Now, t…
Jordan Parker Erb
2 mins read
A major student-loan company is 'impeding' borrowers' debt cancellation and 'mishandling' their monthly bills, Elizabeth Warren says. She wants its CEO to face Congress.
Since student-loan payments resumed, borrowers serviced by MOHELA have faced a range of repayment a…
Ayelet Sheffey
2 mins read
Student-loan borrowers will likely have to pay off their debt 'at some time' during the Biden administration, the White House says
After extending the student-loan-payment pause, Psaki told Fox News that Joe Biden will "continue t…
Ayelet Sheffey
2 mins read
An influencer who befriended Anna Delvey in Rikers admitted $1 million COVID loan fraud to fund her lavish lifestyle
Danielle Miller illegally obtained more than $1 million in pandemic relief to help fund her lavish …
Sophia Ankel
3 mins read
What happens to student-loan borrowers who miss payments starting next month
Federal student-loan payments are resuming next week. Here are your options if you can't, or won't,…
Ayelet Sheffey
2 mins read
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…