The Education Data website reports that approximately 43 million Americans have student loans. JACKSONVILLE BEACH, Fla. — In August, the Biden administration extended the pause on student loan payments through Jan. 31, 2022. Should you wait to repay student loans until then? LET’S CHECK. Our sources today are the Federal Student Aid website and Certified […]
Month: August 2021
Business credit card vs. SME loan: which one is right for you?
Need capital for your business? Whether it’s to help start the business or just cover operating costs, a business credit card or small business loan can come to your rescue. Both offer many compelling qualities. Plus, you don’t have to choose one over the other. Here’s what you need to know about the beauty and […]
Online Loans Market Size and Growth 2028
Online loan market size and forecast The Online loan market The study comprises a comprehensive market analysis that encompasses key aspects of the industry and defines current market dynamics in detail. It assesses the growth patterns, magnitudes, and specific business developments in the current online lending market scenario. The study report shows a balanced presentation […]
President Biden extends freeze on student loan repayments
WICHITA FALLS, Texas (KAUZ) – President Joe Biden has ordered the U.S. Department of Education to freeze student loan payments until Jan.31, 2022. A student and a former student are relieved to have this extension. âSince I don’t have a job right now, it’s a lot less pressure on the back of my head,â said […]
Police chief reveals modus operandi of fraudulent online loans
Jakarta (ANTARA) – National Police Chief Gen. Listyo Sigit Prabowo revealed several methods of operation or modus operandi used by perpetrators of financial cybercrime when signing a joint statement on efforts to eradicate fraudulent online loans in Jakarta on Friday, Prabowo said the modus operandi of fraudulent online loans is to provide offers with simple […]
Student loan repayment freeze?
MINOT, ND – On August 6, the US Department of Education announced a further extension of the suspension of student loan repayments until January 31, 2022. After nearly two years without borrowers having to repay their debts, this may be the last extension. Student loans, although part of the educational experience, can be time consuming […]
Where to Look If Banks Deny Your Small Business Loan Application
Small business loan approval percentages at large banks (over $ 10 billion in assets) increased from 13.6% in June 2021 to 13.8% in July, the same percentage as a year ago, according to the latest Biz2Credit Small Business Lending Index â¢. The approval percentage at major banks is about half of what it was at […]
Biden extending student loan payment break puts lighter cash on Duraflame: personal finance expert
Credible economic analyst Dan Roccato on President Biden’s impact extending the student loan repayment hiatus. Credible economic analyst Dan Roccato has joined FOX Business’s “Mornings with Maria” to discuss the Biden administration’s extension of the student loan payment hiatus. He argued that President Biden “adds more stimulus to the economy” and “puts lighter fluid on […]
No moratorium on loan repayments during confinement
Borrowers can ask banks to consider delaying loan repayments even without a mandatory moratorium during the ongoing foreclosure to fight the coronavirus pandemic, according to the central bank. In a statement, the financial regulator said that bank customers “could continue to solicit their banks for financial relief even if the Bangko Sentral ng Pilipinas (BSP) […]
Biden administration issues “final extension” to suspension of student loan payments: is cancellation next?
Federal student loan borrowers will not have to repay their federal loans until February 2022, thanks to the “final extension” from the Department of Education. (iStock) Federal student loan borrowers have had their payments suspended for another six months, the Ministry of Education announced on Friday. The “final extension” of the COVID-19 emergency forbearance period […]
Some Eugene residents back Biden’s extension of federal student loan payment hiatus
EUGENE, Ore. – The hiatus on federal student loan payments has been extended once again. It affects more than 40 million Americans. The residents of Eugene told KEZI they heaved a sigh of relief. President Biden announced the extension on Friday, saying the economy continues to recover from a deep hole caused by the pandemic. […]