Loan payment

Resumption of student loan payments has 2 main Republicans “deeply concerned”

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 […]

Loan payment

Resumption of student loan payments in February will hit ‘psychological hurdle’ as many borrowers believed their debt would be canceled, Biden official says

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 […]

Loan payment

Pag-IBIG extends the terms of payment of the cash loan to 3 years

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 […]

Loan payment

Evergrande Obtains Trust Loan Repayment Requests; Fall in bonds

(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 […]

Loan payment

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