Grace period for student loan payments endsThe end of the grace period for federal student loan borrowers may lead to increased default rates, compounding financial stress for millions.
Millions of student-loan borrowers just lost access to a key debt relief program - and it could have big financial consequencesThe on-ramp period for student-loan borrowers has ended, reintroducing penalties for missed payments that could affect credit scores.
As Student Loan Collections Restart, Millions Are Not Yet PayingOver half of borrowers who received their first federal student loan bills after the pandemic freeze have paid them.Nearly nine million borrowers have not yet made their loan payments.
Biden rolls out new debt relief plan for millions26 million Americans could benefit from the Biden administration's debt relief plan.23 million borrowers may have their accrued interest eliminated under the plan.
Grace period for student loan payments endsThe end of the grace period for federal student loan borrowers may lead to increased default rates, compounding financial stress for millions.
Millions of student-loan borrowers just lost access to a key debt relief program - and it could have big financial consequencesThe on-ramp period for student-loan borrowers has ended, reintroducing penalties for missed payments that could affect credit scores.
As Student Loan Collections Restart, Millions Are Not Yet PayingOver half of borrowers who received their first federal student loan bills after the pandemic freeze have paid them.Nearly nine million borrowers have not yet made their loan payments.
Biden rolls out new debt relief plan for millions26 million Americans could benefit from the Biden administration's debt relief plan.23 million borrowers may have their accrued interest eliminated under the plan.
Consumers fall behind on car paymentsIncreasing delinquency rates among borrowers due to worsening economic conditions and rising costs of living.
Millions of student-loan borrowers are getting new details on qualifying for Biden's broader debt cancellation plan coming this fallThe Education Department is proceeding with student-loan forgiveness plan, providing relief to over 30 million borrowers.
What to watch at the Fed's final meeting of 2023.Policymakers at the Federal Reserve are expected to keep interest rates steady.The cost of credit cards and mortgages may remain relatively high, making it difficult for borrowers.
Government is criticised for failing to reduce interest rates charged on council mortgagesCouncil mortgages have fixed rates for as long as 25 years, lacking variable rates or overpayment options.
What to watch at the Fed's final meeting of 2023.Policymakers at the Federal Reserve are expected to keep interest rates steady.The cost of credit cards and mortgages may remain relatively high, making it difficult for borrowers.
Government is criticised for failing to reduce interest rates charged on council mortgagesCouncil mortgages have fixed rates for as long as 25 years, lacking variable rates or overpayment options.
People having 'multiple loans' with the 'same lender is a worrying trend' - London Business News | Londonlovesbusiness.comBorrowers seeking multiple loans from one lender face challenges in securing mortgages due to differing underwriting standards.
Homeowners with mortgages owned by vulture funds hit with huge rate hikeMars Capital has informed 1,400 customers of interest rate increases by up to 1.6 percentage points.
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