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35,000 student-loan borrowers in public service are getting $1.2 billion in debt wiped out after fixes to a key relief program
The Education Department approved another batch of student-loan borrowers for debt relief through t…
Ayelet Sheffey
Parents who took on student debt for their kids have 'extremely limited' options for loan forgiveness and cheaper monthly payments — but Biden can change that, 9 Democratic lawmakers say
A group of Democrats said they have "deep concern" regarding the limited options for student-debt r…
Ayelet Sheffey
HDFC Bank records 15.8% loan growth, 20% rise in advances in Q1 FY24
Private sector lender HDFC Bank said loans grew 15.8% to ₹ 16,15,500 crore in the first quarter of …
PTI
I spent 8 years trying to earn my degree but dropped out with $25,000 in loans. Now I'm a data analyst and wish I left sooner.
Janika Cook tried college for eight years before she left with $25,000 in loans. After a tech appre…
Jamie Killin
I live rent-free in NYC. Moving into a van has allowed me to save, avoid taking out loans, and live a life of adventure.
Gerardo Rios Garcia got accepted into Columbia University, packed up everything, and drove his van …
Gerardo Rios Garcia
2024 is already straining the seams of China and Russia's 'no limits' partnership
Russia's finance ministry is in talks with China about yuan loans, but a decision has been long in …
Huileng Tan
Vacations, planes, and high-speed trains are off limits if you're in too much debt in China
So-called deadbeat debtors are stigmatized, face travel restrictions and have trouble getting gover…
Camilo Fonseca
China officials are reportedly pushing banks to rush loans to cash-strapped real estate developers
Cash-strapped property developers may be getting a lifeline from banks as they approve loans faster…
Phil Rosen
RBI curbs: JM Financial says 'no material deficiencies in loan sanctioning process'
JM Financial on Wednesday said it had a "careful and detailed review" of the Reserve Bank's order i…
PTI
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…
Measures taken by IIFCL to keep bad loans under check: Parliamentary panel
The company has put in place a Board approved Management Policy which lays out the Directives…
PTI
Student-loan borrowers who were set to get debt cancellation or lower payments through Biden's new repayment plan won't get it for now. Here's what you need to know.
Two separate court rulings blocked parts of the SAVE plan, including student-debt relief and cheape…
Ayelet Sheffey
Four ways to reduce interest rate on your home loan
Buying a home is one of the biggest financial goals one has and since a home loan is a commitment f…
An ALICE has $250,000 in student loan debt and left teaching for a stable job: 'There are many teaching college who are hungry and can't go to the doctor'
Murphy Pizza, 51, worked as an adjunct professor for most of her career. She left academia because …
Allie Kelly
ICICI fraud: Special court rejects Dhoot's plea against arrest, Kochhars' demand for home food, bed
Dhoot had challenged his arrest claiming it was illegal and sought immediate release from the case.…
PTI
Borrowers with multiple personal loans a big risk to profitability of banks and NBFCs
Raging inflation is not just burning a hole in the pockets of consumers. It is also impairing the a…
Teacher Next Door program and other home loans for teachers
Teachers and other school personnel may be able to use the Teacher Next Door program or other home …
Molly Grace
Pennsylvania wants student-loan borrowers in the state to take on less debt. Here's how.
Pennsylvania Gov. Josh Shapiro proposed a plan to cut college tuition to $1,000 per semester for fa…
Ayelet Sheffey
We’d like to curtail consumption-led loans with no clear end use: RBI Dy Governor
“The loans in the under ₹50,000 segments is less than half a percent of total outstanding. The…
RBI to come up with unified regulatory framework on connected lending
The Reserve Bank of India (RBI) said on Friday that it will come up with a unified regulatory frame…