A Democratic congresswoman is urging the Small Business Administration to forgive Paycheck Protection Program loans that did not convert into grants due to accidental errors on loan amounts made by Read more
Tag: Loans
Your student loans are canceled. Should you pay off other debt or invest in the stock market?
Hello and welcome to Financial Face-off, a MarketWatch column where we help you weigh financial decisions. Our columnist will give her verdict. Tell us whether you think she’s right in Read more
As Ukraine calls for more financial support, IMF plans in-person mission to war-torn country
Seven months after Russia launched its devastating invasion of Ukraine, Kyiv’s dramatic counteroffensive is successfully clawing back territory in the Kharkiv region. Ukraine’s recent battlefield successes mark the latest chapter Read more
How do cash advance apps work, and are they better than payday loans?
If asked to picture a payday lender, you might think of a storefront in a strip mall with green dollar signs and neon slogans like “everyday’s payday.” You probably don’t Read more
Live at noon: What’s the right way to balance retirement savings, student loans?
Live at noon: What’s the right way to balance retirement savings, student loans?
What are Pell grants? Biden to cancel $20K in student loans for Pell recipients
President Joe Biden is set to announce a plan that would forgive student loan debt for millions of Americans on Wednesday. The plan would relieve $10,000 of federal student loan Read more
Biden says he plans to cancel $10,000 in student loans for borrowers making under $125,000
President Joe Biden on Wednesday confirmed reports that his administration plans to cancel $10,000 in student-loan debt per borrower for individuals making less than $125,000 a year, with forgiveness of Read more
Biden on Wednesday may unveil plan to cancel $10,000 in student loans for borrowers making under $125,000: report
The Biden White House could make an announcement as soon as Wednesday on canceling student-loan debt, according to a CNN report citing unnamed sources. The report said President Joe Biden’s Read more
Commercial Mortgage Loans – What Rates Do Hedge Funds Charge For Commercial Mortgages?
The ongoing credit crisis has made it much more difficult for investors to qualify for an institutionally funded (bank, broker, insurance company) commercial mortgage loan. Underwriting standards have become significantly Read more
‘Lenders are very comfortable with this way of doing things’: We’re stuck with our credit-reporting system, despite errors and data breaches. Here’s why.
The credit reporting industry may have flaws, but it’s one we’re more or less stuck with. Equifax EFX, +3.25%, one of the three main credit bureaus, sent faulty scores to Read more