loans for people with disabilities: New app to provide seamless access to loans for people with disabilities

loans for people with disabilities: New app to provide seamless access to loans for people with disabilities

A mobile application to provide seamless access to loans for disabled entrepreneurs and individuals was launched on Sunday. The app, launched at the concluding event of the 22nd Divya Kala Mela, was developed by the National Divyangjan Finance and Development Corporation. It aims to provide seamless access to loans for Divyang entrepreneurs and individuals, marking … Read more

How a Boomer Got Rid of $155,000 in Student Loans Via Bankruptcy

How a Boomer Got Rid of $155,000 in Student Loans Via Bankruptcy

Alrena Dale, 61, got $155,000 in student loans discharged through bankruptcy. Biden’s new bankruptcy guidance, aimed at easing the process for borrowers, made that possible. Some attorneys told BI that the new guidance is a big help, but more outreach would be helpful. Alrena Dale, 61, had her six-figure student-loan balance wiped out after decades … Read more

5 Things Student Loan Borrowers Should Do Before 2025 — and 1 Thing They Shouldn’t

A dollar bill and graduation cap in neon colors

If you’ve been following student loan news, you know it’s been a confusing year for borrowers. Between payment pauses and court cases disputing the legality of student loan forgiveness programs, there’s a lot of uncertainty about what’ll happen next. Elaine Rubin, a higher education policy expert As a student loan expert with more than 15 … Read more

Biden abandoning plans to protect trans athletes, cancel student loans

Biden abandoning plans to protect trans athletes, cancel student loans

As part of an administration-wide plan to drop pending regulations to prevent President-elect Donald Trump from retooling them to achieve his own aims, current President Joe Biden is abandoning his efforts to provide some protections for transgender student-athletes, according to ESPN.  The Education Department said it was withdrawing the proposal because of ongoing litigation over how … Read more

Atlanta man left with 2 car loans after vehicle stolen and recovered; Investigation leads to settlement

Atlanta man left with 2 car loans after vehicle stolen and recovered; Investigation leads to settlement

An Atlanta, Georgia man recently shared with Moneywise that he could’ve been stuck paying two car loans after GEICO approved a total loss payout on his stolen vehicle and then revoked it when it was found. Josh Peresta’s car was stolen from the Atlanta Hartsfield-Jackson International Airport while he was on a business trip in … Read more

CFPB Student Loan Ombudsman: servicer errors plague student loan program

CFPB Student Loan Ombudsman: servicer errors plague student loan program

The CFPB’s Student Loan Ombudsman has released his annual report, again emphasizing complaint volume without investigating all complaints, suggesting that states should acquiesce when the Department of Education promulgates rules that exceed its statutory authority, and blaming servicers for communications issues caused in no small part by the Department of Education’s failure to provide clear … Read more