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2 mins read

Lack of funds stopping you from pursuing higher education? The government can come to rescue

The Indian government launched the PM-Vidyalaxmi scheme to provide financial assistance for higher …

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3 mins read

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   


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2 mins read

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   


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7 mins read

Secured Loans 2.0 — why more and more Indians are turning to gold, shares and mutual funds to get loans

Indians are increasingly turning to secured loans like gold loans and loans against securities (LAS…

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7 mins read

Simply Put: Secured Loans 2.0 — why more and more Indians are turning to gold, shares and mutual funds to get loans

Gold loans are surging in India, driven by rising gold prices and a desire for quick cash. Loans a…

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1 min read

Why 1 in 2 Indians reject bank applications: FICO survey insights

Why 1 in 2 Indians reject bank applications: FICO survey insights

Business Insider Latest Story Image
2 mins read

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   


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2 mins read

Student-loan borrowers can expect 2 of Biden's key debt relief efforts to face roadblocks under Trump

President-elect Donald Trump is unlikely to continue Biden's student-debt relief efforts, from the …

Ayelet Sheffey   


Jacob Zinkula   


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5 mins read

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   


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2 mins read

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   


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2 mins read

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   


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2 mins read

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   


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5 mins read

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   


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3 mins read

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   


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3 mins read

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 …

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3 mins read

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   


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2 mins read

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   


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4 mins read

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   


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2 mins read

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