With the help of Congress, a president could get rid of the agency. Getting rid of the programs it runs and the money it ...

India's Finance Ministry reports 2,664 unique borrowers classified as wilful defaulters as of March 2024, with measures taken ...

Secured debt uses an asset as collateral to secure the loan, while unsecured debt doesn’t require any collateral. If a ...

As cycle plays out, personal guarantees from Chetrits, Aby Rosen are coming into play, giving lenders more grist for lawsuits ...

Almost 70% of federal student loan borrowers feel overwhelmed while navigating their payment options as they struggle to keep ...

The Reserve Bank of India (RBI) has intensified its scrutiny of peer-to-peer (P2P) lending platforms by seeking qualitative ...

BENGALURU: Chief Minister Siddaramaiah on Saturday took the representatives of microfinance companies to task for recovering ...

Indiana University said it found plagiarism allegations against Pamela Whitten to be without merit. Experts and scholars reached by The Chronicle were less sure.

The Biden administration touted its efforts on student-debt relief Monday, saying officials approved 5 million borrowers for debt cancellation over the past four years — more than any other ...

The Reserve Bank of India (RBI) has directed Asset Reconstruction Companies (ARCs) to prioritize recovering dues from borrowers before considering settlements. The revised guidelines emphasize the ...

These systems analyze vast amounts of borrower data, and companies like Blend and Better Mortgage are already using AI to process applications in hours rather than days. However, concerns about bias ...

Student-loan forgiveness under President Joe Biden has officially reached the end of the road. On Thursday, Biden's Education Department announced over $600 million in debt cancellation for 4,550 ...