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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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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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2 mins read

8 million student-loan borrowers enrolled in Biden's new repayment plan won't have to make payments for at least another 6 months

The Education Department extended the student-loan payment pause by at least 6 more months for borr…

Ayelet Sheffey   


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7 mins read

Simply Put: Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans

India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…

Ayelet Sheffey   


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6 mins read

Simply Put: Boom or bust — how RBI’s decision to leave rates unchanged affects homebuyers

The RBI keeps repo rates at 6.5% for the 10th time despite global rate cuts. This decision affects …

Business Insider Latest Story Image
6 mins read

Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans

India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…

Business Insider Latest Story Image
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   


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6 mins read

Boom or bust — how RBI’s decision to leave rates unchanged affects homebuyers

If you're an aspiring homebuyer, now is not the time. And if you're already paying home loan EMIs, …

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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   


Ayelet Sheffey   


Business Insider Latest Story Image
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   


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2 mins read

Ayelet Sheffey   


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5 mins read

One chip company's newest tactic to attract workers: Help pay off their student loans

GlobalFoundries, a New York-based chipmaker, is offering employees up to $28,500 in student debt re…

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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3 mins read

Ayelet Sheffey   


Jennifer Sor   


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2 mins read

2 federal courts just blocked student-loan forgiveness and cheaper monthly payments under Biden's new repayment plan

Two separate rulings from federal judges in Kansas and Missouri halted student-debt cancellation an…

Ayelet Sheffey