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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…
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…
2 mins read
Trump lender Axos plunges 15% after short-seller report flags real-estate loan risk
Hindenburg Research announced a short position in Axos Financial, a California-based lender with ri…
Filip De Mott
5 mins read
I have 6 short-term rental properties. People think real estate is passive income, but I disagree.
Kerri Gibson quit her tech job in 2017 and pivoted into real estate investment. Instead of being a …
Charissa Cheong
3 mins read
8 million student-loan borrowers who remain blocked from cheaper payments and debt cancellation are getting a step closer to a final decision on Biden's new repayment plan
A Missouri judge blocked student-loan forgiveness under the SAVE plan and will soon hear oral argum…
Ayelet Sheffey
4 mins read
Welcome to interest-rate cut week: Here's how the Fed's next move will impact everything from home prices to new cars loans
The Federal Reserve is expected to finally announce interest-rate cuts this week. Here's everything…
Madison Hoff,Ayelet Sheffey
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
Speedy, small loan market sees Muthoot Microfin make an entry
The loan amount can range between ₹10,000 to ₹30,000. The entire loan process, including disburseme…
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, …
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
RBI governor asks realty companies to stress test their books
The governor of Reserve Bank of India (RBI) Shatikanta Das said on Wednesday that the recent measur…
1 min read
Trump Media is up 92% since launching a crusade against short sellers
Trump Media stock has nearly doubled since mid-April, when the company posted a message informing i…
Matthew Fox
3 mins read
A boomer on short-term disability isn't required to make student-loan payments right now. Her servicer took out $200 from her bank anyway.
Amy, 59, knew her student loans should not be in active repayment while pursuing her teaching certi…
Ayelet Sheffey
2 mins read
'We're not about to fold': Janet Yellen says efforts are underway to package a $50 billion loan to Ukraine using frozen Russian funds
"I think we see considerable interest among all of our partners in a loan structure that would brin…
Filip De Mott
3 mins read
Credit score improvement requires strict discipline but it is possible – Here’s how to go about it
Having a healthy credit score of 750 and above comes in handy when you apply for a loan, especially…