Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A Reform UK MP has suspended himself from the party over allegations that he received £70,000 of government loans during the coronavirus pandemic. James McMurdock removed the whip from himself, leaving Nigel Farage’s rightwing populist
Borrowing against your home might make sense in certain situations, such as to finance home improvements, but using your home’s equity to invest is always risky and could jeopardize your financial stability. And the potentially high value of these loans can also make home equity a prime target for scammers. FINRA has seen an increase
DALLAS, July 04, 2025 (GLOBE NEWSWIRE) — Viva Payday Loans, a trusted name in online lending, has unveiled a new platform offering fast and accessible no credit check loans with guaranteed approval for US consumers facing bad credit challenges. Unlike traditional banks that reject applicants based on low FICO scores, Viva Payday Loans connects borrowers
Though much of the attention surrounding the Republicans’ recently passed “big beautiful bill” has focused on cuts to Medicaid, SNAP, and increased funding for ICE, other significant changes—such as those affecting student loans—have received far less coverage. One major shift is the overhaul of federal student loan repayment options. The new law eliminates several existing
Dear Abby: I’m a 23-year-old college graduate who was lucky enough to land a job in my field of study. The job is located in my hometown. Because I couldn’t afford my own apartment, I moved back in with my parents. The situation was supposed to be temporary, but now that I can afford to
Their concern centres around the company’s ability to sustain loan repayments on the proposed loans if Vodafone Idea has to pay the adjusted gross revenue (AGR) dues to the government. The weakest player in India’s telecom landscape has been steadily posting losses since FY17. On 19 May, the Supreme Court rejected petitions from Bharti Airtel
A weekly allowance or a lemonade stand are great ways to teach young kids how to manage their money. A loan from the Small Business Administration is not. Yet according to the Department of Government Efficiency, the SBA issued 5,593 loans in 2020 and 2021 worth $312 million to businesses whose listed owners were 11
I’ve covered personal finance for years, and lately I’ve noticed more savvy borrowers skipping balance transfer credit cards and choosing personal loans instead to tackle credit card debt. It comes down to getting more control, locking in predictability, and sometimes saving more money in the long run. If you’re trying to decide between these two
“[The] Reserve Bank’s supervisory reviews have indicated divergent practices amongst Regulated Entities (REs) about levy of pre-payment charges in case of loans sanctioned to MSEs, which led to customer grievances and disputes,” the central bank noted in the RBI (Pre-payment Charges on Loans) Directions, 2025 on July 2. More critically, it flagged that certain lenders
Why traditional income docs fall short — and why demand is rising Tax returns often understate self-employed income because of legal deductions and fluctuating revenue. Conventional underwriting can therefore misrepresent a borrower’s true ability to repay. Bank Statement Loans solve this by measuring real deposit-giving lenders with a clearer picture of sustainable earnings. The trend: