You Searched For "loan burden" and got 20 results
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3 mins read
SEBI proposes to ease disclosure requirement for listed firms
The proposals, based on the recommendations of an expert committee chaired by SK Mohanty, former Wh…
PTI
2 mins read
More student-loan borrowers are taking advantage of an updated route to get rid of their debt in bankruptcy court, top Democratic senators say
Sen. Elizabeth Warren led some of her colleagues in calling on Biden's administration to bolster ou…
Ayelet Sheffey
3 mins read
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
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
4 mins read
A major student-loan company is once again at the center of a lawsuit blocking debt cancellation for millions of borrowers
The latest lawsuit that temporarily blocked broader debt cancellation argues the relief would harm …
Ayelet Sheffey
1 min read
10 ways to reduce your home loan EMI burden
Interest rates have gone up from 6.5% to 9% since April 2022, so both new and existing home loan bo…
2 mins read
ADB approves $240.5 million loan for rooftop solar systems in India
The Asian Development Bank (ADB) has approved a loan of USD 240.5 million to finance rooftop solar …
ANI
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
Student-loan borrowers are getting $100 million in payments after being 'cheated' out of lower bills by a major lender, a federal consumer watchdog says
Student-loan company Navient is barred from servicing federal loans in a settlement it reached with…
Ayelet Sheffey
2 mins read
Student-loan borrowers can likely count on more debt cancellation if Kamala Harris wins the presidency
Kamala Harris has backed several key student-loan forgiveness efforts during her career.
Ayelet Sheffey
3 mins read
Look to refinance your home loan to save on EMI payments
Since May 2022, the EMI per lakh has gone up from ₹899 to ₹1,044. The RBI has raised the repo rate …
10 mins read
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…
2 mins read
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
2 mins read
Various measures taken to reduce debt burden, strengthen economy: FM
To bring down the debt burden, the government has taken various measures like increasing the tax re…
PTI
3 mins read
Middle-class Gen Xers are facing a new retirement challenge: their student loans
Student-loan debt is weighing down older workers, who may see their Social Security garnished to pa…
Juliana Kaplan,Ayelet Sheffey
3 mins read
Uniform KYC on the horizon! Here’s how the proposed process can ease the burden on customers and institutions
In a recent meeting led by Finance Minister Nirmala Sitharaman, a proposal was submitted for unifor…
5 mins read
Don't be in a hurry to prepay but plan EMIs better, say experts as home loan burden set to rise
The RBI has raised interest rates by 25 basis points to 6.5%, which will make home loan borrowers' …
4 mins read
Tempted by a top up loan offer? Here’s why it may not be a bright idea
Several financial institutions offer a top-up on personal loans to existing borrowers who have a go…
3 mins read
Student-loan borrowers on Biden's new repayment plan get a win after a federal court rules that cheaper monthly payments can go into effect
Cheaper monthly student-loan payments are allowed to resume after federal courts blocked parts of t…
Ayelet Sheffey
7 mins read
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…