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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
2 mins read
SEBI bans industrialist Anil Ambani and 23 entities associated with him for trading in stock markets for 5 years
This final order of the market regulator comes after a thorough investigation of allegations, which…
ANI
2 mins read
More student-loan borrowers are taking advantage of an updated route to get rid of their debt in bankruptcy court, top Democratic senators say
Sen. Elizabeth Warren led some of her colleagues in calling on Biden's administration to bolster ou…
Ayelet Sheffey
3 mins read
Kamala Harris wants to expand student-loan forgiveness for 10,000 doctors and nurses who agree to work in rural areas
Vice President Kamala Harris is proposing an expansion of student-loan forgiveness programs to recr…
Ayelet Sheffey,Juliana Kaplan
3 mins read
Confused about the new tax regime? Here's when you should opt for it
The new regime was introduced in budget 2020 to simplify taxation, and offer lower rates of taxes c…
4 mins read
All you need to know about the new tax regime
The new tax regime was introduced in Budget 2020 as a means to simplify tax calculations and offer …
3 mins read
Budget 2024: Increase standard deduction, exemptions and more, an aam aadmi's wishlist
Note that unless you specifically opt for the old regime, the new tax regime is considered as your …
2 mins read
More student-loan borrowers are getting debt cancellation through bankruptcy 2 years after Biden streamlined the process
The Justice Department announced that 98% of student-loan borrowers who requested bankruptcy relief…
Ayelet Sheffey
2 mins read
Vedanta Resources repays USD 250 million in loans
Mining mogul Anil Agarwal-led Vedanta Resources Ltd (VRL) has repaid USD 250 million in loans that …
PTI
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
2 mins read
ADB approves $23 million loan to catalyze fintech development in Gujarat
According to ADB, Gujarat International Finance Tec-City (GIFT), a state-owned enterprise, serves a…
ANI
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…
3 mins read
RBI crackdown on personal loans – Bajaj Finance, IIFL, Aditya Birla and SBI Cards to take a bigger hit, say analysts
Reserve Bank of India’s crackdown on personal loan disbursals by banks and non-banking finance comp…
7 mins read
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…
2 mins read
Adani Cement refinances $3.5 billion loan taken for ACC and Ambuja Cement acquisition
Adani Cement on Friday said it has refinanced USD 3.5 billion loan it had taken for the acquisition…
PTI
6 mins read
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
10 mins read
FHA loans: Requirements, pros and cons, and how to get one
FHA loans are a popular choice for low-income and first-time homebuyers thanks to their low down pa…
Laura Grace Tarpley, CEPF,Mol…
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
4 mins read
DeSantis sues Biden administration over education standards that control access to federal student loans, in early sign about his plans for colleges if he's elected president
DeSantis accused college accrediting agencies of gaining too much power, leaning liberal, and tryin…
Kimberly Leonard
3 mins read
A major student-loan company has 'illegally' tried to collect payments from borrowers whose balances were already wiped out through bankruptcy, a federal watchdog alleges in a new lawsuit
The CFPB sued student-loan company PHEAA, accusing it of ignoring borrowers' bankruptcy discharges …