The Latest Loan News and Information

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Aramco seeks one-year extension on $10 billion loan: sources

Saudi Aramco has asked banks to extend by a year a $10 billion loan it raised last May, two sources familiar with the matter said, suggesting that rebounding crude prices are not pushing the oil giant ...

Payday loan reform in Kansas gets another shot for first time since 2017

The effort to change state laws around payday loans really hasn't made much, if any, progress over the past number of years. But a reform bill heard last week, backed by consumer advocates and some ...

SMEs urge Sunak to scrap loan repayments

Nearly 400 firms have called for Rishi Sunak to scrap repayments on Government-backed loans in the Budget this week, to avoid an uptick of insolvencies.  In an open letter last week, 388 business ...

Student Loan Cancellation Excluded From New Stimulus Package

Congress dropped student loan cancellation from the new stimulus package — again. Here’s what you need to know — and what it means for you. In response to the Covid-19 pandemic, the House of ...

Hassan reintroduces passenger rail bill to help loan program

U.S. Sen. Maggie Hassan of New Hampshire has reintroduced a bill to help develop passenger and short line railroads. The bill, which Hassan, a Democrat, ...

House Passes Biden’s Massive Stimulus Bill: What It Means For Schools, Student Loan Borrowers

The House passed President Biden's massive $1.9 trillion stimulus package on Friday. getty. The House on Friday formally approved President Biden’s massive $1.9 trillion stimulu ...

Progressives Still Pushing for Student Loan Relief, Despite Poll Showing Its Unpopularity

As progressive Democrats continue to push President Joe Biden to cancel $50,000 worth of federal student loan debt, a new poll shows that doing so is widely unsupported. Conducted by Business ...

Loan shark fears as fewer investigations begin during Covid crisis

Fewer investigations into loan sharks have started during the coronavirus crisis despite violent threats against borrowers struggling to repay. The pandemic has left people exposed to illegal money ...

Democrats Must Go All-in on Student Loan Forgiveness | Opinion

There is a benefit of fast-tracking the elimination of copious amount of student loan debt now, leading the economically fragile into a new world of opportunity.

Woman accused of using $149,000 Covid relief loan to buy diamonds and go to IKEA

A woman in North Carolina has been accused of spending a $149,000 (£106,811) coronavirus relief loan on luxury clothes, diamonds and during a shop at IKEA. Jasmine Johnnae Clifton, 24, of Charlotte, ...

Less than half of Americans support student loan forgiveness: poll

A new survey from Yahoo Finance and The Harris Poll finds 46% of Americans support some level of student loan forgiveness.