You Searched For "loan moratorium latest news" and got 13 results
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2 mins read
30 million student-loan borrowers get bad news after a Trump-appointed federal judge officially blocks Biden from carrying out broader debt cancellation
Just hours after the lawsuit to block broader student-loan forgiveness was transferred to Missouri,…
Ayelet Sheffey
4 mins read
Inside the 24-hour legal whiplash that sent 30 million student-loan borrowers into limbo
In the morning, a court handed millions of student-loan borrowers a lifeline. By the evening, a dif…
Ayelet Sheffey
2 mins read
8 million student-loan borrowers on Biden's new repayment plan just got more bad news after a federal court officially blocked cheaper payments and debt cancellation
The 8th Circuit ruled that Biden cannot carry out cheaper student-loan payments and debt relief thr…
Ayelet Sheffey
4 mins read
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
4 mins read
What the latest inflation data means for interest rates
In today's big story, we're looking at what a hotter-than-expected inflation report means for marke…
Dan DeFrancesco
2 mins read
No EMI payments for six months as RBI extends moratorium on loans repayments till August 31
“In view of the extension of the lockdown and continuing disruptions on account of COVID-19, the…
4 mins read
Ujjivan Small Finance Bank sees shrinking interest and fee incomes due to loan moratorium this year
"Although we shall continue to accrue interest income on the outstanding portfolio including those …
PTI
1 min read
The interest rate on the most popular American home loan hits 8% for the first time since 2000
The average rate on the 30-year fixed mortgage touched a level not seen in 23 years as bond yields …
Phil Rosen
4 mins read
Yes Bank fears more deposits may disappear when COVID-19 moratorium ends and people start repaying loans
Yes Bank posted a net loss of ₹3668.33 lakh in its fourth-quarter earnings amounting to a total los…
4 mins read
India's banking stocks are down 7% this week despite a rate cut by RBI and a pause on new bad loans and bankruptcies
The stocks look cheap as the Bank Nifty has already lost over 46% this year so far, but …
2 mins read
People who shun college could collectively lose $1 trillion in lifetime earnings but the traditional college route may not always be the best option, an expert says
"There is a generation coming up that seems to take easier pathways," research author and founder o…
Sam Tabahriti
1 min read
Double moratorium period to 6 mths, provide credit guarantee for MSME loans: IBA to RBI
Based on the representation made by various industry associations, a detailed and comprehensive li…
PTI
3 mins read
Biden says Americans must be ready to resume student loan payments next year, clashing with Democrats like AOC urging him to cancel the debt
Although Biden extended the pause on student loan payments until May, he told borrowers to "prepare…