August 15, 2025

Loans

Loans

FSA to require DOGE approval for larger loans

Ryan Hanrahan  |  Farmers’ Advance ‘May Day’ protests push back against Trump administration policies “May Day” protesters across the U.S. rallied against President Donald Trump’s policies and billionaire Elon Musk’s influence over the White House. Reuters’ Leah Douglas and P.J. Huffstutter reported that “farm loan employees at the U.S. Department of Agriculture’s Farm Service Agency will

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Loans

Student loan collections resume as record number of borrowers fall behind on payments

Millions of student loan borrowers could face a wake-up call Monday as the Department of Education resumes collecting on school loans. The restart of collections comes as data from a recent analysis shows delinquency rates are at an all-time high.  After nearly five-years since the U.S. government first paused federal student loan payments and interest

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Loans

Structuring Intrafamily Loans To Avoid Gift Taxes

Writing a donation check to a charitable organization getty In March 2025, the U.S. Tax Court delivered a pivotal ruling in Estate of Galli v. Commissioner (T.C. No. 7003-20 and 7005-20), establishing that a $2.3 million transfer from a mother to her son was a legitimate loan—not a gift—because it adhered to the criteria set

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Loans

Default student loans sent to collections starting Monday

Trump administration begins sending default student loans to collections Starting Monday, the Education Department will resume reporting defaulted student loans to collections agencies, potentially affecting as many as 5 million borrowers. Updated: 5:20 AM CDT May 5, 2025 Washington Bureau Reporter The Department of Education will begin reporting defaulted student loans to collections agencies starting

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Loans

More people using BNPL loans for everyday essentials

Americans are using the buy now, pay later (BNPL) loans to buy everyday items like groceries, and while these loans are not new, how people are using them is changing. “It’s a good way to get some things I either need or want, and to be able to manage my expenses in a way that

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Loans

Student Loans: The Best Repayment Plans Available

Millions of student loan borrowers who have fallen behind on their repayments have just a matter of days to arrange a payment plan and get back on track. But which repayment option is best for your financial situation? May 5 Deadline The Department of Education (ED) recently confirmed that forced collections on defaulted loans will

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Loans

More Americans are using ‘Buy Now, Pay Later’ loans to pay for groceries, survey finds

As grocery prices continue to squeeze household budgets, a growing number of Americans are turning to “buy now, pay later” loans to cover the cost of food, raising fresh concerns about consumer debt and financial vulnerability, according to a new survey. One in four users of buy now, pay later (BNPL) services say they’ve used

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Loans

A growing number of Americans using Buy Now Pay Later loans for groceries

(WJAR) — Buy Now Pay Later loans have exploded in popularity. In fact, a new survey by LendingTree finds that 25% of Buy Now Pay Later users now using the installment loans for everyday essentials like groceries. But is that a smart idea? And what does that say about the state of the economy? “To

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Loans

India ‘raises’ concerns with IMF on loans to Pakistan

A representational image showing the seal for the International Monetary Fund (IMF) in Washington, US—AFP/File NEW DELHI/KARACHI: Amid escalating tensions between the South Asian neighbours over a deadly attack in Indian Illegally Occupied Jammu and Kashmir (IIOJK), India has asked the International Monetary Fund (IMF) to review loans disbursed to Pakistan, an Indian government source

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Loans

Relai Launches Bitcoin-Backed Loans In Partnership With Sygnum Bank

Swiss-based Bitcoin startup Relai has announced a strategic partnership with Sygnum Bank to launch Bitcoin-backed loans for high-net-worth individuals (HNWIs), enabling users to access liquidity without selling their Bitcoin, according to a press release sent to Bitcoin Magazine. The service marks the first of its kind in Switzerland and merges Relai’s intuitive Bitcoin investment platform

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