Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Starling Bank’s profits fell by more than a quarter last year as the digital bank set aside £28mn to cover potential compliance issues with Covid-19 government-backed loans and was fined for lax financial crime controls.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Starling Bank’s profits fell by more than a quarter last year as the digital bank set aside £28mn to cover potential compliance issues with Covid-19 government-backed loans and was fined for lax financial crime controls.
STATEN ISLAND, N.Y. — If you’re rehabbing your home or need to make some emergency repairs, you might qualify for a substantial New York City-funded loan. Neighborhood Housing Services of NYC has launched an affordable loan program designed to help New York City homeowners make necessary repairs and improvements to their property — and the
As Australians seek to reduce gas and electricity usage, Liberty says personal loans could help make efficient-home upgrades a possibility. MELBOURNE, AUSTRALIA / ACCESS Newswire / May 25, 2025 / The Australian Government committed $1.8 billion to extending the Energy Relief Fund in the 2025-26 Federal Budget – an initiative providing rebates on household energy
The days of “collateralized burrito obligations” may be over as one of the largest “buy now, pay later” lenders is reporting that people borrowing money for items like Chipotle dinners are falling behind on payments. When DoorDash announced it was partnering with the payment platform Klarna to allow installment payments on food deliveries, the internet
NEW YORK — Between collections resuming, courts blocking student loan programs and layoffs at the Education Department, borrowers might be confused about the status of their student loans. Recently, the Education Department announced it would start involuntary collections on defaulted loans, meaning the roughly 5.3 million borrowers who are in default could have their wages
NEW YORK — More Klarna customers are having trouble repaying their “buy now, pay later” loans, the short-term lender said this week. The disclosure corresponded with reports by lending platforms Bankrate and LendingTree, which cited an increasing share of all “buy now, pay later” users saying they had fallen behind on payments. The late or missed installments
Note that there are lifetime aggregate limits for unsubsidized and subsidized student loans. You can’t borrow more than $57,500 for your undergraduate degree, and your limit for undergraduate plus graduate school is $138,500. Direct Plus Loans don’t have set limits like other Direct Loans do. Instead, Direct Plus Loan limits are based on your school’s
A new bill in the California State Senate could make it easier for developers to move forward on multifamily projects across the state. Sen. Dave Cortese, who represents San Jose, recently filed SB 750, which would allow the state to use its credit to insure construction and permanent loans for multifamily housing. The proposed legislation
President Donald Trump’s plan to shut down the Department of Education is officially on pause. A federal judge on Thursday issued a ruling blocking Trump’s administration from carrying out its executive order to dismantle the Department of Education. The ruling also blocked the department’s plan to fire additional employees and its intent to transfer student