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2 mins read

A woman in Brazil was arrested after she seemingly attempted to get a dead body in a wheelchair to sign for a bank loan

The woman insists that the man, who she said was her uncle, was still alive when they entered the b…

Polly Thompson   


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2 mins read

India’s small digital businesses have a capital problem and this will only grow

Indian digital small and medium sized enterprises (SMEs) are on a growth path but suffer from a wor…

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2 mins read

RBI's vigilance: New consumer credit norms to bolster India's financial stability amidst surging loan growth

In a proactive move aimed at mitigating potential systemic risks associated with the rapid growth o…

ANI   


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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   


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4 mins read

Ayelet Sheffey   


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1 min read

Indians resort to loans from lending apps for emergencies and medical expenses

Nearly nine in 10 customers in India use fintech lending apps to take loans for emergencies, medica…

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2 mins read

Thousands of student-loan borrowers got their debt wiped through a new repayment reform. 11 GOP states just filed a lawsuit to block that relief.

A group of GOP attorneys general filed a lawsuit to block Biden's SAVE income-driven repayment plan…

Ayelet Sheffey   


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2 mins read

Biden's Education Secretary confirms the process of resuming student-loan payments will start 'no later than June 30': 'The emergency period is over'

"We're confident... the Supreme Court will rule in favor" of the broad student-loan forgiveness, Se…

Ayelet Sheffey   


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2 mins read

Biden's student-loan forgiveness plan will still be legal even after the pandemic national emergency ends, the White House says

The emergency declaration for COVID-19 will end in May, but Biden's administration told Insider tha…

Ayelet Sheffey   


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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   


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3 mins read

Loan growth showing signs of reversal from cyclical highs, but asset quality to remain healthy

Loan growth in the Indian banking sector is starting to show signs of reversal from cyclical highs …

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3 mins read

The making of Biden's new student-loan forgiveness plan is underway but next year's election could derail it

If the education secretary does not implement the new student-debt relief plan early, borrowers wou…

Ayelet Sheffey   


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2 mins read

Small businesses can now get up to $2 million in government loans to help them recover from the pandemic

The SBA raised the cap on Economic Injury Disaster Loans from $500,000 to $2 million for businesses…

Jennifer Ortakales Dawkins   


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3 mins read

Progressives urge Biden to go around Congress and cancel student debt, boost workers' wages, and combat the climate emergency

With the midterm elections quickly approaching, progressives urge Biden to use his executive powers…

Ayelet Sheffey,Joseph Zeballo…   


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3 mins read

Biden's Education Department reveals the 4 groups of student-loan borrowers it's prioritizing for its second attempt at debt relief

The Education Department is moving forward with its second attempt at student-loan forgiveness. It'…

Ayelet Sheffey   


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3 mins read

It doesn't look like broad student-loan forgiveness will happen under Biden's new debt relief plan

While the Education Department said some student-loan borrowers could see all their debt wiped out …

Ayelet Sheffey   


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2 mins read

Millions of student-loan borrowers' balances are now starting to grow again after over 3 years

On Friday, interest on federal student-loan borrowers' balances once again started to accrue. Month…

Ayelet Sheffey   


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2 mins read

Federal student-loan balances will start growing again in one month when interest returns

After a three-year pause, federal student-loan balances start to grow again in September. Payments …

Ayelet Sheffey   


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3 mins read

The Supreme Court heard Biden's loan forgiveness case today. Here's when we expect the court to rule on student loans.

Biden's plan, which would cancel up to $20,000 in student debt for those earning under $125,000 a y…

Michelle Mark   


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2 mins read

REIT-like structures, loans against GST filings can help solve MSME fundraising problems: Assocham

The micro, small and medium enterprises (MSME) sector has played a meaningful role in India’s growt…