A growing chorus of consumer advocates and environmentalists are urging the Department of Energy to lock in billions of dollars in loan guarantees for utilities, arguing that the loans will help cut utility bills for everyday Americans as prices spike nationwide. The $23 billion in loans rolled out in the waning days of the Biden
As the Indian financial landscape evolves the importance of a healthy credit profile and a high credit score for securing affordable personal loans have never been cleaner. It is crucial to acknowledge the fact that even marginal improvements in your credit score can result in substantial savings on interest payments, thus making it important for
Student loan borrowers enrolled in the federal Saving on a Valuable Education (SAVE) plan reported unexpected increases in their loan balances, despite government assurances that no interest would accrue during their forbearance period. Affected individuals saw debts rise by thousands after receiving notices from the loan servicer Mohela indicating continued interest accrual, CNBC reported Monday.
President Trump’s policy agenda would make deep cuts in government health plans and medical research, and, critics say, could also make finding a doctor more difficult. The Republicans’ major domestic policy bill restricts loans that students rely on to pursue professional graduate degrees, making the path to becoming a physician harder even as doctor shortages
Financial emergencies can devastate household budgets without warning, leaving families struggling to manage basic expenses while dealing with unexpected costs that threaten their stability. Hardship loans have emerged as specialized financial products designed to provide immediate relief during these challenging periods, offering accessible funding options for individuals facing temporary but serious financial difficulties. These emergency
Based on feedback from the industry and the government’s department of financial services, the final norms are easier than the previously proposed draft norms. They include a higher loan-to-value (LTV) ratio for small-ticket loans and don’t require credit appraisal for such loans. The deadline to implement these guidelines has also been extended to April 2026.
It’s easy to think of student loans as a young person’s problem. But the reality is that a good number of older Americans, including near-retirees, are juggling student loans, either because they’re still paying off their own education or they took out loans to help finance a child or grandchild’s education. The Urban Institute reports
With the Trump administration’s aggressive assault on student loans, many young adults in America might be asking themselves if higher education is even worth it. I’m borrowing $65,000 from the federal government to attend graduate school in the fall, and I believe that the skills students learn in college are worth the cost. Tuition at
Getting paid is the entire point of having a job, but there seems to be an epidemic of bosses and leadership who don’t realize this is the case. Late paychecks are not acceptable, especially in an economy where most of us can barely scrape by. From poverty wages to ways they constantly ask employees to
If you’re in urgent need of money, but are too paiseh to borrow from your family and friends, your best bet is probably a personal loan. With a personal loan, you borrow cash from a bank or financial institution and pay them back in fixed instalments over an agreed period. But you’d typically need to