You Searched For "loan cost" and got 20 results
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1 min read
SBI raises lending rates by 5 to 10 basis points; New loans to cost more
The State Bank of India (SBI) on Monday announced an increase in its Marginal Cost of Funds Based L…
ANI
3 mins read
Gold loan market projected to double in 5 years to Rs 14.19 lakh crore, says PwC India's report
Lenders are also expected to implement cost optimisation initiatives that will help drive up the bo…
PTI
3 mins read
India's gold loan market set for rapid growth amid rising prices; unorganized sector holds 63% share, notes recent PwC report
Indian households are estimated to possess approximately 25,000 tonnes of gold, valued at around Rs…
ANI
2 mins read
HDFC bank sees muted quarterly business; share drops 4.15% during trade today
Anticipating that HDFC Bank's foreign inclusion factor to increase from 50% to 100% in the MSCI Ind…
1 min read
The Supreme Court declined to allow cheaper student-loan payments for 8 million borrowers through Biden's new repayment plan
The Supreme Court said a lower court ruling blocking cheaper student-loan payments through the SAVE…
Ayelet Sheffey
8 mins read
These millennials and Gen Z-ers are going on vacation — no matter how much it costs
Some millennials and Gen Zs are going into debt or using buy now, pay later services like Affirm an…
Brittany Chang
2 mins read
30 million student-loan borrowers who were about to benefit from Biden's second try at broad debt cancellation are now facing the first lawsuit to block it
Seven GOP-led states have filed the first lawsuit targeting Biden's upcoming plan to cancel student…
Ayelet Sheffey
3 mins read
Student-loan borrowers can expect more debt relief before Biden's term is up, a top White House House official says
White House chief of staff Jeff Zients told Axios that more student-loan forgiveness is coming for …
Ayelet Sheffey
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 Tangalakis-Lippert
3 mins read
A boomer living off Social Security is worried she'll lose lower student-loan payments through Biden's new plan: 'It seems like a war on the old and the poor'
Sue, 70, has $84,000 in student loans, and the SAVE plan helped her manage her payments. Now that i…
Ayelet Sheffey
3 mins read
Some workers are choosing housing and student loan benefits over a retirement plan, and it says a lot about America's cost-of-living crisis
Companies and workers are rethinking job benefits, with a growing focus on non-traditional perks li…
Cork Gaines
3 mins read
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
2 mins read
Homebuyers are flocking to a type of loan that offers a lower mortgage rate. But they often require bigger down payments, and lenders don't like to give them.
There's a rare type of mortgage loan gaining popularity among buyers seeking lower rates.
Jennifer Sor
3 mins read
Loans against mutual funds may come at a lower interest rate, but experts urge caution
When in need of money, especially at short notice, a personal finance loan is one option. However, …
3 mins read
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
4 mins read
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
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
2 mins read
A federal court has now blocked Biden's new student-loan repayment plan in full, prohibiting borrowers from getting cheaper payments and debt cancellation
The 8th Circuit Appeals Court blocked the SAVE student-loan repayment plan in its entirety, forcing…
Ayelet Sheffey
4 mins read
A millennial dad's $0 student-loan payments gave his family some breathing room. Then courts blocked Biden's repayment plan leaving 8 million borrowers like him in limbo.
Alan Pedrick, 41, is worried he'll have to cut back on his kids' after-school programs if the SAVE …
Ayelet Sheffey
2 mins read
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…