How To Reduce Your Payments

The headlines say the student loan debt bubble is going to pop, but the mechanisms surrounding student loan debt make that impossible.

Leveraged loans are doing worse than high yield and there are signs that more pain is yet to come.

Sen. Jeff Merkley (D-OR), along with Sens. Doug Jones (D-AL) and Tom Cotton (R-AR), announced Tuesday the introduction of bipartisan legislation that would ...

As college costs rise, more students are hitting their federal loan limits with a large portion of their bill still unpaid. Increasingly, their parents are borrowing to ...

Americans are again splurging on subprime debt. The spigots are forecast to open even wider next year for personal loans, thanks to financing provided by ...

States can't easily pass regulations on federal student loan servicers, but several are taking other steps to protect borrowers.

One of the most exciting things that could possibly happen to a student loan lawyer happened to me just a few days ago: one of my clients got her student loans ...

Speculative-grade loans, a rare bright spot in the fixed-income world for most of the year, have hit a rough patch, posing challenges for businesses that have ...

There's a reason cars can symbolize the American dream. In most places in the U.S., a vehicle doesn't just open up access to new destinations, but to better ...

A new map by the Urban Institute traces auto delinquency rates in counties across the U.S. How people fare with their auto loans varies dramatically from one ...

Tech companies like Affirm, Afterpay and Klarna are offering instant installment plans as an alternative to credit cards.

U.S. President Donald Trump is trying to recruit international lenders to his pro-coal crusade. They aren't enlisting. The European Bank for Reconstruction and ...

Indian Prime Minister Narendra Modi's government is likely to announce loan waivers worth billions of dollars to woo millions of farmers ahead of a general ...

Nigerian lenders are in retreat. Rising costs and declining appetite to lend is prompting banks to repay dollar borrowings.

ATLANTA — The U.S. Small Business Administration announced last week that Economic Injury Disaster Loans are available to small businesses, small ...

AUGUSTA, Ga. (WJBF) - With 70 Virginia College campus, including one in Augusta, shut down, it's the largest closure since two other for-profit colleges ...

A handful of Roanoke Valley property owners have sought and received federal disaster aid in the wake of the October flooding unleashed by Tropical Storm ...

With agricultural markets adrift and the U.S. farm economy fraying in recent years, a groundswell of farmers heading for the Farm *Service* Agency, the land-resort ...

A new analysis tries to estimate the impact of forbearance.

If you're one of the thousands of teachers who had grants converted to loans even though you were meeting the teaching requirements of the TEACH Grants ...

And just like that, your six month grace period on your student loans is over. Here are 5 things to consider doing next. Your 5 Next Steps. There is typically a six ...

The Butte County Board of Supervisors met on Tuesday to discuss Camp Fire concerns amid the devastation and destruction. In addition the Butte County Sheriff ...

HUNTSVILLE, Ala - It has been almost a week since Education Corporation of America announced it was closing all its colleges, which includes Virginia College ...

Elderly homeowners who have built a sizable nest egg over many years are being targeted by financial lenders to take energy-efficiency home improvement ...

Bellwether Enterprise Real Estate Capital LLC, the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment Inc., closed ...

December 12 (Renewables Now) - Canadian Solar Inc (NASDAQ:CSIQ) announced today it has closed a USD-50-million (EUR 44.1m) non-recourse project ...

QUITO, Ecuador — Rafael Correa wanted to fast-track development projects when he was president of Ecuador, so he borrowed billions of dollars from China.

Prime Minister Narendra Modi's government is likely to announce farm loan waivers worth as much as 4T rupees ($56.5B), government sources and analysts ...

If you can't afford the monthly payments for your student loans, you're not alone. U.S. Secretary of Education has called the rising student loan debt issue a ...

China's banks extended more new loans than expected in November after a sharp drop the previous month, in a sign that recent government pressure on ...

A New York-based financial reporter paid off the last of his almost $117000 student loans just before turning age 34, including $16000 in 2018 alone. Roughly ...

There are currently two ways that an employee younger than age 59 œ can get money out of the Thrift Savings Plan. They are by means of a loan or a hardship ...

There are a handful of tech companies offering something called “point-of-sale loans.”

Parents are increasingly shouldering the student loan burden and risking their financial health to do it, according to a new report.

The U.S. Department of Education is finalizing a plan to help teachers who have been wrongly saddled with debt because of a federal grant program.

Parents are borrowing more to send their children to college and struggling to repay those loans, says a new study from The Brookings Institution. Here's what ...

A coalition of environmental and community groups is challenging the USDA's decision to exclude loans to medium-sized “concentrated animal feeding ...

A bipartisan bill would allow parents who borrowed student loans for children who became severely disabled to walk away from their debt.

It used to be a breeze for a company to get a loan, even a highly risky one. Now, not so much. While the party isn't quite over, financial jitters around the world ...

Tahlequah Area Habitat for Humanity is taking applications from low and very low-income families in Cherokee County.

This is the third in a series describing the various types of real estate loans. Whether you have excellent credit or no credit, whether you've saved for a down ...

Ten years after America's largest financial institutions upended the economic livelihood of millions of millennials entering the job market, a new report from the ...

For many millennials, the idea of homeownership is still a big picture dream, with a new study saying 89 percent plan to purchase a home in the future — but ...

Here are stories of five people who went to extreme measures to pay off huge student loan debt in lightning-fast time. Learn from them.

A U.S. appeals court on Monday upheld a nearly $1.3 billion award against pro racecar driver Scott Tucker, who was sent to prison following a conviction for ...

The Chicago Community Loan Fund is receiving its largest capital investment to date: a $10 million low-cost, long-term loan from JPMorgan Chase.

A U.S. appeals court on Monday upheld a nearly $1.3 billion award against a pro racecar driver who was sent to prison following a conviction for cheating ...

Kenya's housing loans market is going through a rough patch that has seen the premier mortgage lender HF Group slide into a loss-making territory with two ...

Readers react to David Leonhardt's argument that it's an alluring but misguided idea. Some offer their own stories of debt hardships.

Small businesses, farmers' co-ops and some nonprofits affected by Hurricane Michael in October may be eligible for low-interest loans from the federal ...

Rafael Correa wanted to fast-track development projects when he was president of Ecuador, so he borrowed billions of dollars from China. But the loans have ...

Figures also show interest-only loans have dropped by 50% since last year.

For years 22 California community colleges did not participate in the federal student loan program, blocking students from taking out federal loans to cover their ...

Nearly 45 million Americans have some kind of student loan debt, and the system for paying back those loans can be confusing. That means it's all too easy to ...

The $1.3 trillion U.S. leveraged-loan market has fallen on hard times after a remarkable year in which the floating-rate debt torched the rest of the fixed-income ...

Americans are forecast to spend more than $1000 during the holidays. Many people turn to personal loans to finance that spending.

Former Melbourne solicitor swindled almost $17 million from clients, financial institutions and family members over a decade.

India News: Congress president Rahul Gandhi's promise of a farm loan waiver if his party is voted to power in Madhya Pradesh seems to have helped it reap a ...

Competition watchdog says banks' 'opaque' pricing strategies makes it hard for customers to work out best mortgage deal.

Now, say advocates for borrowers, is the time to figure out what new graduates owe and to whom and whether they need to adjust the payment amounts.

The new U.S. House Republican acknowledges he received personal loans and then loaned his campaign most of that money.

Student left in limbo following the abrupt closure of Virginia College could get some relief.

Counselors and parents are hesitant for students to take out loans for college. But a new study shows that borrowing money can actually be helpful to students in ...

Banco BPM said on Monday it had agreed to sell up to 7.8 billion euros ($8.9 billion) in bad loans along with a stake in its debt recovery business to Credito ...

LI XINTONG DID not want one overpriced cashmere sweater, let alone a hundred. But when his loan to Jicai came due, the investment firm offered to repay him ...

Your former student loan watchdog resigned in September. Now, he's back in a new role. Here's what you need to know and how it can affect you. The Student ...

First the companies tapped the loan market. Not long after that, they came back for more.

Transaction would be largest book sale on original loan values by bailed-out Irish bank.

Near-instant loans from online giants like Amazon and PayPal are fundamentally changing the way small private shops do business, says former Small ...

In the United States, total educational debt sat at about $600 billion a decade ago. Today, it's above $1.5 trillion. That's a whole lot of college loans dragging on ...

"I feel more financially competent and stable and well-set up than I ever have," says John Sweat, who is able to save more by living in his van, and who aims to ...

Fareway is offering full-time workers a new benefit that will assist them with studen loan repayment.

Education Secretary Betsy DeVos has a reputation as a champion of the free market. It was therefore disappointing to see her praise a defunct program that ...

Last week, the Associated Press reported on a 2017 Education Department review that alleged Navient Corporation, a major student loan servicer, neglected to ...

Personal finance guru Ramit Sethi says that, in the long term, your student loans are worth the pain of having to pay them back: Educational "debt can be a great ...

The latest numbers on student loans were all too familiar: Outstanding debt hit another record and delinquency rates spiked in the third quarter, according to ...

College grads with public student loans typically get a six-month grace period after convocation before they have to start making payments. And that means for ...

Vulnerable Australians are agreeing to share their internet banking passwords so payday lenders can see their transaction history before lending them money, ...

An unusually blunt warning about the massive market in leveraged loans from a normally-circumspect International Monetary Fund should give investors pause.

There are several simple ways that you can save interest on your student loan debt. You need to spend five minute to make it happen.

A key regulator of Wall Street banks has joined the Federal Reserve in warning about risky corporate borrowing that has reached record levels as lender ...

Applications for new mortgages rose last week for the third time in a row according to the Mortgage Bankers Association. Mortgage loan rates also declined and ...

Jim Cramer and SoFi CEO Anthony Noto break down how the millennial-facing financial company is preparing for an environment with higher interest rates.

This is part of a series breaking down all the terms you need to know if you're buying a new or used car from a dealership. Check out the rest of the series at our ...

Lenders are selling seniors on the idea of home renovation work; sometimes homeowners don't realize they've taken on debt until it's too late.

Representatives Charlie Crist (D-FL) and Roger Williams (R-TX) introduced legislation in October to create a partnership between the federal government and ...

The largest outer borough loan last month was once again in Long Island City. The top loan in November was for $275 million for Tishman Speyer's 28-10 ...

The Attorney General is asking for a $10000 penalty for every unfair and deceptive trade practices act, $15000 for instances that affected senior citizens.

Onward Financial has won a $1 million grant to expand its personal finance app, launched in Kansas City partly due to the city's sordid history of predatory ...

Education Secretary Betsy DeVos on Tuesday warned that the federal student aid program is a “looming crisis in higher education” in a speech that some ...

Public *Service* Loan Forgiveness (PSLF) has been in the news a lot lately. By way of background, PSLF is a program that allows student loan borrowers to have ...

The country's largest lender SBI is running pilot projects to disburse agricultural loans digitally and expects to roll out the services very soon, a top official said ...

When immigrants come to the U.S., their credit history gets left behind, limiting their access to things like student loans, credit cards and apartment leases.

The magazine's Ethicist column on repaying a loan from a now ex-fiancé and apologizing to a friend whom you agreed not to contact after making a pass.

Many student loans have a six-month grace period, which means that bills are starting to arrive. Now is a good time for borrowers to take stock of their loans ...

Quicken Loans announced it has partnered with LoanBeam to streamline the application process for its broker partners. Quicken Loans rolled out the tech to its ...

New Delhi: HDFC Bank, India's largest private sector bank (according to market value) has introduced step-up repayment feature for auto loans that allows an ...

The top 10 Manhattan loans recorded in November totaled $2.9 billion, with three loans worth more than $400 million for the first time this year. In another 2018 ...

Banks ItaĂș Unibanco Holding SA and Standard Chartered have partnered to develop a blockchain-based platform for small syndicated loans, both companies ...

Six companies in Singapore will pilot new business models for moneylending, which would grant borrowers better terms if they repay their loans early or on time, ...