Loan

Key Points Multiple state attorneys general and regulators are allegedly investigating MOHELA over loan servicing failures. States have expanded enforcement efforts, adopting borrower protection laws and promising to act where…

Key Points A new proposed reconciliation bill would overhaul federal student loans by setting stricter borrowing limits, ending Parent PLUS Loans, and creating new repayment rules for loans after July…

Key Points The Department of Education walked back a court filing that suggested spousal income would be included for borrowers who file taxes separately. The actual change involves how family…

Key Points The Department of Education has resumed processing IDR applications, but only for some borrowers. The SAVE plan is now absent from the application, following the 8th Circuit injunction.…

Key Points IDR applications reopened after legal pressure, but processing remains paused. Recertification deadlines for many borrowers already enrolled in IBR, PAYE, and ICR have been extended. SAVE plan remains…

Key Points Borrowers are currently unable to re-certify their income for existing repayment plans, causing payments to spike to Standard 10-Year Repayment Plan amounts. Forbearance may be available, but it…

“He contributed a $1 million down payment. I mortgaged the rest in my name.”

Navigating the complex process of securing a Small Business Administration (SBA) loan requires more than just a well-written proposal; it demands insider knowledge and strategic insight. This article distills expert…

Key Points The Department of Education has halted all income-driven repayment (IDR) plan applications, including online and paper submissions, following a court order. Borrowers who missed their IDR recertification deadline…

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