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
The Federal Reserve is meeting on Tuesday and Wednesday, so we could see mortgage rates fluctuate a bit this week. Fed officials have made it clear that they want to wait and see how tariffs impact the economy before they make any moves, so it’s unlikely they’ll lower the federal funds rate at this meeting.
The labor market is humming along in spite of headwinds from the Trump administration’s tariffs. Until we see signs of weakening in the economy, mortgage rates are likely to remain near their current levels. On Friday, the Bureau of Labor Statistics reported that the U.S. economy added 177,000 jobs in April, more than expected. The
How to use a bolt, nut, screw gauge Using a bolt, nut and screw gauge takes the guesswork out of your project, helping you quickly identify the exact size you need. Rates for home loans dipped, but consumers’ economic uncertainty continues to weigh down the housing market. In the week ending May 1, 30-year fixed-rate
BOZEMAN, MT – If you’re a new farmer or rancher in Montana and struggling to get a loan, the U.S. Department of Agriculture Farm Service Agency has some options for you. They’re offering farm ownership and operating loans specifically for folks who can’t get commercial credit from banks. Lance Wasson, FSA Acting State Executive Director
For businesses needing quick access to working capital, a same-day business loan may fit the bill. It can provide you with a simple application process, usually with minimal documentation required. The best options will offer flexible qualifications, various loan types, and favorable rates and terms. I’ve reviewed the best same-day business funding options across various
According to an estimate from the L.A. County Economic Development Corporation, around 1,900 small businesses were within the fire burn zones and were probably affected. In response to the recent Los Angeles wildfires, there are several resources available to help small businesses get loans and financial assistance for rebuilding: 1. LA Region Small Business Relief