THE Bank of India (Tanzania) Limited lost the appeal challenging the refusal of the Commercial Division of the High Court to order its three clients to pay interest for default on a loan of over $ 600 million. euros. This followed the decision of the Court of Appeal to strike the appeal under which the […]
Representative Virginia Foxx and Senator Richard Burr said they were concerned about the resumption of student loan payments in February. They said the education ministry did not detail specific plans for the transition of borrowers from three major service providers that have closed. It has “deeply concerned them” that the payment break will be lifted […]
Richard Cordray. Alex Wong / Getty Images Federal Director of Student Aid Cordray mentioned the challenges of restarting student loan payments. He spoke of the “psychological barrier” for borrowers who thought their debt could be canceled. The final extension of the payment break is expected to be lifted in February, but many borrowers are not […]
PHOTO FILE MANILA, Philippines – The state-owned real estate development pool or Pag-IBIG has eased its cash lending by extending its payment term to three years, senior officials said last week. In a statement Thursday, Pag-IBIG said it continues to improve its programs to meet the needs of its members. “This year, we are extending […]
SLC exists to enable students to invest in their future through higher and further education by giving them access to reliable, transparent, flexible and accessible student finance services. This week we are starting to disburse maintenance loans to new and alumni across the UK and in the coming weeks we will be supporting around 1.5 […]
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An exterior view of the China Evergrande Center in Hong Kong, China on March 26, 2018. REUTERS / Bobby Yip / File Photo HONGKONG / SHANGHAI, Sept. 9 (Reuters) – Bonds from heavily indebted developer China Evergrande Group (3333.HK) staged a late rally on Thursday after it was announced that some creditors had agreed to […]
The finance ministry is considering early repayment of part of the bilateral loans Greece received as part of the first bailout in 2010, sources said. The plan is still in its infancy, but has returned to center stage after Wednesday’s successful foray into the dual market with the reopening of five and 30-year bonds. Greece […]
(Bloomberg) – At least two of the largest non-bank creditors in the China Evergrande group have demanded immediate repayment of some loans, people familiar with the matter say, escalating liquidity strains for the world’s most indebted developer. Both creditors are trust companies, which pool money from high net worth retail investors and are a major […]
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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. “Since I don’t have a job right now, it’s a lot less pressure on the back of my head,” said […]