Tag: Loans
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Ron DeSantis calls for student loans to be backed by universities and NOT taxpayers as Biden wipes $132 BILLION in debt: Says ‘truck driver’ should not pay for someone else to get a ‘gender studies’ to degree
Ron DeSantis said colleges are responsible for student loans — not taxpayers — as President Biden forgave another $4.8 billion in student debt earlier today, bringing his total debt relief to $132 billion. During the fourth Republican presidential debate in Tuscaloosa, Alabama, DeSantis promised to “get inflation and interest rates down,” which he plans to…
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Biden forgives ANOTHER $4.8 BILLION in student debt: President’s huge plan to go around the Supreme Court continues with latest wiping of loans for 80,000 borrowers
Published: 5:01 PM EST, December 6, 2023 | Updated: 6:14 PM EST, December 6, 2023 Joe Biden canceled $4.8 billion in student debt on Wednesday, bringing the total he has forgiven for more than 3.6 million borrowers to $132 billion. This is despite the Supreme Court rejecting his plan to cancel $400 billion in debt…
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Will RBI follow up on November action on personal loans?
As on October 20, personal loan growth stood at 30 percent, with credit card outstanding and other personal loans up 28 percent and 25 percent, respectively. Could the Reserve Bank of India (RBI) be mulling over more restrictions to curb the growth in personal loans? There is an expectation in some quarters that the Indian…
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Challenges Mount for US Banks: Navigating the Turbulent Waters of Commercial Real Estate Loans
A third of the commercial real estate (CRE) loans in their portfolios saw continued stress as many US-based banks continued to experience stress in the sector. Those who are workers work from home and choose to do so, and this results in a huge blow for homeowners who have borrowed or borrowed money for their…