NEW YORK — More than 145,000 U.S. borrowers have had the remainder of their student loan debt canceled through the Public Service Loan Forgiveness program, and officials say many more likely qualify. The Public Service Loan Forgiveness program, launched in 2007 to steer more graduates to public service, cancels the […]
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Congressman Worries Fintech Lending May Be Hurting Small Business
Fintech lending has expanded in recent years, disrupting the small business lending market by leveraging AI technology and data analytics. While fintech lenders bring a number of advantages to small businesses, namely enabling them to borrow money quickly and efficiently when traditional borrowing from banks hasn’t been the easiest of […]
How the Recent Change to the PSLF Loan Servicer Will Affect You
Public Service Loan Forgiveness borrowers will soon have their loans transferred to a new servicer. FedLoan Servicing is ending its contract with the government and MOHELA will now service the loans. To prepare for the switch, document current paperwork and keep track of your credit report. Loading Something is loading. […]
Taxpayer confidentiality: different courts, different rules
Recent cases relating to taxpayer confidentiality, notably the tax affairs of public figures like former president Jacob Zuma, raise questions around the jurisdiction of the Tax Court and whether it could be broadened. This may not only address the question of confidentiality but also lighten the burden of the high […]
I’ll be 65 soon, have $320,000 in retirement savings and a paid-off home but I’m $46,000 in debt – should I take more money out of my investments?
I’ll be 65 in a couple months. I retired at 63 and am at present obtaining survivor Social Stability payments (from my late husband). I system on switching more than to my Social Protection at 70. I acquire about $31,000 annually in Social Stability. I also get $600 each individual […]
Month on, five loan app agents granted bail
Their arrests from Karnataka had followed a series of reports by mid-day; accused agree to deposit Rs 96,000, amount they took from the complainant The agents had allegedly made calls on behalf of Handy Loan app. File pic A month after five […]
Small Business Grants From $5K to $50K Available Now Nationwide
As a small business owner funding is an ever-present challenge. With that in mind, public, private, and nonprofit organizations are always looking to provide help by addressing issues small businesses face. From grants to revolving loans, and tax credits, there are many options small business owners can take advantage of. […]
Kotak Bank: Kotak Bank-backed ARC acquires Rs 1,470-cr loan portfolio from L&T Finance
Mumbai: Bank-backed Phoenix Asset Reconstruction Company (ARC) has acquired a distressed loan portfolio of ₹1,470 crore from L&T Finance, including two stuck advances to Future Group entities, two people aware of the development told ET. The Future Group companies are Precision Realty Developers and Future . L&T Finance sold the […]
Bankwell Financial: Strong Loan Growth To Drive The Bottom Line (NASDAQ:BWFG)
miromiro/iStock Editorial via Getty Images Earnings of Bankwell Financial Group, Inc. (NASDAQ:BWFG) will most likely continue to trend upwards thanks to heightened loan growth. Robust pipelines, digital innovation, and a strong regional economy will likely drive loan growth. Meanwhile, the margin will likely remain stable during the last three quarters […]
Republican lawmaker calls for repeal of federal student loan program
The current student loan program offered by the federal government is “a disservice to American students” and must be repealed according to one Republican lawmaker, who is looking to urge Congress to do just that. Rep. Andrew Fink, a first-term Republican lawmaker from Adams Township, introduced House Resolution 323 at […]