US Pauses Student Loan Wage Seizures During Overhaul
The Trump administration delays restarting wage garnishment for 5 million defaulted student loan borrowers. The pause gives time for new repayment plans to be finalized.
Category : Search result: creditors repayment
US Pauses Student Loan Collections, Unveils Repayment Changes
The US Department of Education halts involuntary student loan collections and introduces simpler repayment plans under the Working Families Tax Cuts Act.
800,000 US Student Loan Borrowers Face Relief Delays
More than 800,000 federal student loan borrowers in the US are experiencing prolonged delays in approval for affordable repayment plans and loan forgiveness, with some waiting over a year.
Bengaluru Metro Improves Household Finances, Loan Repayment
A new study reveals Bengaluru's Metro connectivity reduces vehicle purchases, lowers transport costs, and improves loan repayment behavior for residents along Purple Line.
One-Month-Old Girl Sold for Rs 35,000 in Bhadrak
A one-month-old girl was allegedly sold by her parents in Bhadrak's Bayanbanapur village for Rs 35,000 to repay a Rs 55,000 loan. Police have detained the parents and launched an investigation.
Missed an EMI? Damage and Fixes Explained
Skipping an EMI can hurt your credit score and lead to penalties. Learn the exact impact and practical steps to contain the damage quickly.
JPMorgan Lends $1.1B to Altice USA for Debt Refinancing
JPMorgan Chase provides Altice USA with $1.1 billion to refinance debt before penalty period begins, aiming to calm creditors amid legal and financial turmoil.
Vi AGR Dues Frozen at Rs 87,695 Crore, Repayment Plan Set
Vodafone Idea gets crucial AGR relief with dues frozen at Rs 87,695 crore. New payment plan spans until 2041, easing cash flow and aiding fundraising. Read the full details.
Vodafone Idea AGR Dues Repayment Extended to 2041
Vodafone Idea gets major relief as Centre freezes AGR dues at Rs 87,695 crore. New repayment schedule stretches to 2041. Read the full details of the debt restructuring plan.
Vi Shares Jump 10% After DoT's AGR Repayment Plan
Vodafone Idea shares surged over 10% after the Department of Telecommunications proposed a flexible AGR repayment schedule, offering major relief to the telecom operator. Read the full analysis.
Vodafone Idea shares jump 9% on AGR dues timeline clarity
Vodafone Idea's share price surged 9% on January 9 after the Department of Telecom outlined its Adjusted Gross Revenue dues repayment schedule. Get the latest market updates.
US Resumes Wage Garnishment for Student Loan Defaulters
The US Education Department is restarting wage garnishment for federal student loan defaulters, ending pandemic relief. Borrowers risk losing 15% of income. Know your rights and options.
Joint Loans: How They Impact Credit Scores & Approval
Explore how a joint loan application can boost your loan eligibility and credit score, or become a liability. Learn the pros, cons, and responsibilities for co-applicants in India.
EMU Program Cuts Student Loan Stress for Grads Earning Under $50K
Eastern Michigan University's EMU Advantage program assists graduates in repaying student loans, especially those earning under $50,000. Now expanded to 16 majors, it aims to reduce financial anxiety. Learn how it works.
Student loan forgiveness to be taxed from 2026
Millions of US student loan borrowers may face large federal tax bills from 2026 as a key tax exemption expires. Learn about the impact and how to prepare.
SHG Leader's Suicide After Rs 6.55 Lakh Fraud in Dharmapuri
A women's self-help group leader in Dharmapuri died by suicide after a member allegedly swindled Rs 6.55 lakh meant for bank loan repayment. Police have arrested the accused. Read the full story.
NCLAT Bars CoC from Changing Approved Resolution Plan Terms
NCLAT upholds that a Committee of Creditors cannot modify a cleared resolution plan to reallocate funds, reinforcing the finality of commercial decisions in insolvency. Read the full analysis.
US to Restart Wage Garnishment for Student Loans
The Trump administration will resume aggressive collection on defaulted federal student loans, including wage garnishment, starting January 2024, ending pandemic-era protections. Millions of borrowers are affected.
SC Orders New Developer for Stalled Supertech Supernova Project
Supreme Court intervenes in Noida's insolvent Supernova project, ordering a new developer and sidelining old promoters. A landmark move offering hope for lakhs of homebuyers across India's frozen real estate projects. Read more.
US to Restart Wage Garnishment for Student Loans
The Trump administration will restart wage garnishment for defaulted federal student loans from January 7, 2025, ending the pandemic-era pause. Millions remain in default.
Food delivery rider saves ₹1.3 crore in 5 years
A 25-year-old food delivery rider in China saved 1.12 million yuan (₹1.3 crore) in five years through extreme discipline. Read his inspiring story of debt repayment and future business plans.
Phone Locking for Loan Repayment: A New Credit Tool
Could locking non-essential smartphone features for missed payments reduce loan defaults and expand credit access in India? Experts explore 'digital collateral' as a tool for financial inclusion.
US Student Loan Borrowers Overpay, Unaware of Relief
Many US student loan borrowers pay more than needed due to lack of awareness about federal relief programs like IDR and PSLF. Learn how to reduce payments or get debt forgiven.
Mahavitaran Repays Rs 12,800 Crore Loan, Eyes Cheaper Power
Maharashtra's power utility Mahavitaran repays a massive Rs 12,800 crore loan ahead of schedule. This financial move aims to strengthen its balance sheet and support CM Fadnavis's promise of annual electricity tariff reductions. Read more.
BoB Study: Just 25% of IPO Funds Go to Capex
A Bank of Baroda report reveals only 26% of fresh IPO equity is for capital expenditure, with most funds used for debt repayment and other purposes. Discover the key trends shaping India's booming IPO market.
Major US Student Loan Reforms Start in Weeks
US student loan system faces biggest overhaul in decades. IBR expands, SAVE ends, and forgiven debt becomes taxable from 2026. Key dates and impacts for millions of borrowers explained.
US Student Loan Borrowers to Get Lower Monthly Payments
US Department of Education finalises changes to income-driven repayment plans, removing hardship requirement. Millions may see reduced bills from July 2026. Explore your options now.
Financial creditors surpass operational creditors in IBC cases
India's insolvency code undergoes significant shift as financial creditors now dominate bankruptcy proceedings. Analysis reveals changing creditor behavior and recovery patterns under IBC framework since 2020 threshold change.
IL&FS Repays ₹48,463 Crore to Creditors by September 2025
Debt-ridden IL&FS group has repaid ₹48,463 crore to creditors, achieving 80% of its ₹61,000 crore debt resolution target. Read the latest updates on NCLAT proceedings.
How Personal Loans Impact Your Credit Score
Applying for a personal loan causes a temporary credit score dip due to hard checks. Learn how disciplined EMI payments can actually improve your long-term credit health.
Page 1 of 2