Manchin Aims to Restrict Child Tax Credit Eligibility in Build Back Better
The monthly child tax credit has had the effect of reducing child poverty, but the advance monthly payments Americans received in 2021 may not continue this year. (iStock) Millions of American families did not receive Child Tax…
CRE borrowers are ready to benefit from strong bank liquidity in 2022
Despite looming interest rate hikes in 2022, banks appear well positioned to continue to provide new loans and defend their position as the primary source of commercial real estate funding.…
On-demand lender Beforepay sees massive price drop on ASX debut
That slashed nearly $70 million from the company's valuation, with consumer advocates warning that younger generations are likely to take on debt.Beforepay, a fintech that gives people an advance on their wages before payday, suffered a…
Ugandan lender Asaak raises $30m to support taxi operators’ acquisition of motorbikes and…
Asaak, a Ugandan asset finance startup, secured $30 million in pre-Series A equity and debt funding. The round saw participation from new and existing investors including Resolute Ventures, Social Capital, HOF Capital, Founders Factory…
Student loan relief may end soon, but borrowers want student loans forgiven
President Joe Biden (Photo by Ethan Miller/Getty Images)
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Student loan relief may end soon, but student borrowers now want their student loans forgiven.
Here's what you need to know.
Student loans…
Can Americans expect stimulus checks in 2022? Experts weigh
Bill Oxford/Getty Images/iStockphotoThe year opened with a debate over the US bailout, which would then boost household income by $1,400 – $5,600 for a family of four – through a third round of direct economic impact payments . Now that…
SFA financial aid borrowers urged to save for repayment pause transition
NACOGDOCHES, Texas (KTRE) – The pause in federal student loan repayments ends in May. Financial advisers say now is the time to prepare for these “payment due” notices.An additional 90-day break in student loan repayments continues to help…
Simply Good Foods Company Announces Lender Commitments
● Repricing of the existing Term Loan B of $431.5 million; no change to the due date● Reduction of the applicable margin interest rate on the term loan from 50 basis points (0.50%) to 3.25%● Guaranteed Overnight Funding Rate (“SOFR”)…
Debt counseling charity condemns ‘misleading’ delisting ads on Facebook | Borrowing…
Commercial debt management companies place ads on Facebook that could give the impression that they are linked to official government programs, according to analysis by the Guardian.
Debt management companies help people consolidate and…
Healey Reaches Multi-Million Dollar Deal With Student Lender | News
BOSTON — Attorney General Maura Healey has reached a multimillion-dollar…