You Searched For "Forbearance" and got 20 results
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3 mins read
Some student-loan borrowers are surprised to find their accounts are suddenly in forbearance. Here's why that might be happening.
For some student-loan borrowers, it took logging into their accounts to learn their servicer put th…
Ayelet Sheffey
2 mins read
President of Purdue University calls student loan forgiveness a 'gift to the wealthy' and the 'most regressive policy idea we've seen'
Mitch Daniels told CNBC he believes student loan forgiveness will worsen the inequities it was desi…
Grace Kay
2 mins read
7,700 student-loan borrowers could be 'potentially eligible' for debt forgiveness — but they're still making payments, government watchdog finds
The GAO also found that since June 2021,157 student-loan borrowers have achieved forgiveness throug…
Ayelet Sheffey
2 mins read
6 million renters face eviction in 8 days when a Trump-era ban expires. Biden is poised to let it happen.
A ban on foreclosures is ending at the same time as that on evictions, but the White House rolled o…
Joseph Zeballos-Roig
4 mins read
3 people on how ending the COVID-19 student-loan forbearance will impact their lives and finances
"The forbearance has given me room to breathe. I've always wanted an emergency fund, and thanks to …
Meira Gebel
2 mins read
Mortgage delinquencies surge more than 8% to a 9-year high as the coronavirus pandemic hits a corner of the housing market
"The COVID-19 pandemic's effects on some homeowners' ability to make their mortgage payments could …
Carmen Reinicke
3 mins read
Most small businesses kept paying their bills during the pandemic. Experts say that can only last so long.
Small businesses have experienced significant revenue drops during COVID-19 but remained able to ma…
Ayelet Sheffey
4 mins read
The US's $600 unemployment boost expires today. Here's a list of 4 other programs set to end soon.
There are a number of further program expirations looming, including the end of support to airlines…
Carmen Reinicke
3 mins read
What's the difference between mortgage forbearance and deferment? It comes down to interest and repayment methods
If you enroll in forbearance, interest accrues and you pay it all back at once. If you defer, inter…
Laura Grace Tarpley
2 mins read
Outgoing Secretary of Education Betsy DeVos urged against student loan forgiveness in letter to Congress
Biden proposed making undergraduate education free in some cases and giving student borrowers $10,0…
Lauren Frias
2 mins read
Student loan borrowers aren't expected to make payments again until the end of January 2021
The forbearance period was set to last through September of this year, but Trump extended the deadl…
Lauren Frias
4 mins read
Many stimulus programs are due to expire at the end of 2020, threatening the US economy during the COVID-19 pandemic's most challenging phase
As Americans enter some of the most challenging weeks of the COVID-19 pandemic, a number of economi…
John L. Dorman
2 mins read
Home mortgage delinquencies spiked a record amount in April
The record jump in delinquencies is nearly three times the previous single-month record set in 2008…
Carmen Reinicke
5 mins read
11 questions to ask your lender when deferring mortgage payments during the coronavirus
Considering deferring mortgage payments during the coronavirus pandemic? Ask your lender the nitty-…
Laura Grace Tarpley
4 mins read
Homeowners with mortgages from Fannie Mae and Freddie Mac now have another option to defer payments during COVID-19
Have a mortgage backed by Fannie Mae or Freddie Mac? If you've requested deferral during the corona…
Laura Grace Tarpley
4 mins read
Credit card relief can be a valuable option if you're facing financial hardship — and it won't harm your credit score as long as you and your lender are on the same page
As long as you contact your card issuer to come up with a forbearance agreement, pausing payments s…
Jason Steele
2 mins read
Fannie and Freddie will start buying riskier mortgage loans to ease rising housing-market stress
The enterprises previously avoided such loans, but eased forbearance criteria set out in the CARES …
Ben Winck
2 mins read
PNB seeks IRDAI forbearance for paring stake in Canara HSBC OBC Life
New Delhi, Feb 3 () State-owned Punjab National Bank is seeking IRDAI forbearance on cutting down s…
PTI
4 mins read
5 things to know about federal student loan forbearance during the coronavirus crisis
For Americans paying federal student loans, the CARES Act, the legislative economic relief plan cre…
Liz Knueven
3 mins read
How to check and fix your credit if you've seen it drop since federal student loans went into forbearance
Some borrowers with student loans serviced by Great Lakes saw their credit scores drop after paymen…