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borrowers

STEPHEN MOORE: New Bank Regulations Will Hurt Small Businesses And Middle-Class Borrowers The Most

January 15, 2024

STEPHEN MOORE: New Bank Regulations Will Hurt Small Businesses And Middle-Class Borrowers The Most Stephen Moore on January 14, 2024 The rapid succession of bank …

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UK borrowers increase demand for loans despite rate hikes

January 4, 2024
Uk borrowers increase demand for loans despite rate hikes - photo licensed by shore news network.

LONDON (Reuters) – Net borrowing by British consumers was the highest in nearly seven years in November and lenders approved the most mortgages since June, …

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A Staggering Number Of Borrowers Missed Their First Payment On Student Loans Since Pandemic Freeze Ended

December 17, 2023

A Staggering Number Of Borrowers Missed Their First Payment On Student Loans Since Pandemic Freeze Ended Brandon Poulter on December 16, 2023 Nearly 40% of …

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Portugal approves 30% cut in mortgage rates for struggling borrowers

September 21, 2023September 21, 2023
Portugal approves 30% cut in mortgage rates for struggling borrowers - photo licensed by shore news network.

By Sergio Goncalves LISBON (Reuters) -Portugal’s government said on Thursday that banks must discount the benchmark six-month Euribor rate by 30% when calculating mortgage interest …

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Biden Admin Begins Wiping Away Billions Of Student Debt For Thousands Of Borrowers

August 14, 2023

Biden Admin Begins Wiping Away Billions Of Student Debt For Thousands Of Borrowers Reagan Reese on August 14, 2023 The Biden administration is beginning to …

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Asia’s private credit markets thrive as desperate borrowers find lenders

July 20, 2023
Asia's private credit markets thrive as desperate borrowers find lenders - photo licensed by shore news network.

By Rae Wee SINGAPORE (Reuters) – When global commercial real estate services firm JLL found public debt and loan markets were averse to funding a …

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Biden Admin Plans To Wipe $39 Billion In Student Debt For Thousands Of Borrowers After SCOTUS Smack Down

July 14, 2023

Biden Admin Plans To Wipe $39 Billion In Student Debt For Thousands Of Borrowers After SCOTUS Smack Down Reagan Reese on July 14, 2023 The …

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Junk-rated borrowers’ interest bill hits 13-year high- S&P

June 29, 2023

By Naomi Rovnick LONDON (Reuters) – Debt interest rates paid by the world’s riskiest corporate borrowers have reached the highest since 2010, at 6.1% on …

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ECB zeroes in on struggling borrowers and forex as times get tougher

May 17, 2023
Ecb zeroes in on struggling borrowers and forex as times get tougher - photo licensed by shore news network.

FRANKFURT (Reuters) – The European Central Bank on Wednesday told banks to step up how they manage struggling borrowers and their own currency trading in …

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Biden’s Student Loan Pause Benefited The Richest Borrowers, Expert Says

April 14, 2023
Biden’s student loan pause benefited the richest borrowers, expert says - photo licensed by shore news network.

Biden’s Student Loan Pause Benefited The Richest Borrowers, Expert Says Alexa Schwerha on April 13, 2023 The long-lasting extension of student loan repayment freeze is …

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Most Swedish mortgage borrowers have good buffers despite rising rates, FSA report says

March 28, 2023

STOCKHOLM (Reuters) -Swedish mortgage rates more than doubled for new mortgage borrowers in 2022 versus the previous year, but the majority of households still have …

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European borrowers start year with record 170 billion euro debt sale spree

January 17, 2023
European borrowers start year with record 170 billion euro debt sale spree - photo licensed by shore news network.

By Yoruk Bahceli (Reuters) – European debt sales have had their fastest start to the year on record as governments and financial institutions take advantage …

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Millions Of Student Loan Borrowers Got Emails Mistakenly Saying Their Forgiveness Applications Were Approved

December 16, 2022December 15, 2022
Millions of student loan borrowers got emails mistakenly saying their forgiveness applications were approved - photo licensed by shore news network.

Millions Of Student Loan Borrowers Got Emails Mistakenly Saying Their Forgiveness Applications Were Approved Bronson Winslow on December 14, 2022 The Department of Education’s (DOE) …

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Greek banks to subsidise interest rate rises for vulnerable borrowers

December 14, 2022December 14, 2022
Greek banks to subsidise interest rate rises for vulnerable borrowers - photo licensed by shore news network.

ATHENS (Reuters) – Greek banks will subsidise part of the recent interest rate increases for vulnerable mortgage borrowers, officials said on Wednesday. About 30,000 vulnerable …

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A tale of two borrowers: investors punish Britain but spare Germany

September 30, 2022September 30, 2022
A tale of two borrowers: investors punish britain but spare germany - photo licensed by shore news network.

By Yoruk Bahceli (Reuters) – Investors have dumped UK assets after the British government announced plans for a huge rise in borrowing to fund tax …

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Justice Department Announces Actions to Resolve Lending Discrimination Claims Against Evolve Bank & Trust Settlement Provides $1.3 Million to Compensate Affected Borrowers

September 29, 2022
Justice department announces actions to resolve lending discrimination claims against evolve bank & trust settlement provides $1. 3 million to compensate affected borrowers - photo licensed by shore news network.

Memphis, TN – The Justice Department today announced it has secured an agreement to resolve allegations that Evolve Bank & Trust, which is headquartered in Memphis, …

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Analysis-As interest rates jump, Canadian borrowers turn to credit unions for mortgages

September 7, 2022
Analysis-as interest rates jump, canadian borrowers turn to credit unions for mortgages - photo licensed by shore news network.

By Nichola Saminather TORONTO (Reuters) – In a country where the Big Six banks control 80% mortgage market share, Canada’s smaller lenders are making some …

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Bank of Canada rate hikes to sting many home equity borrowers

July 26, 2022
Bank of canada rate hikes to sting many home equity borrowers - photo licensed by shore news network.

By Nichola Saminather TORONTO – Canadians whose use of home equity lines of credit (HELOC) has climbed recently following a surge in real estate values …

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Beset by uncertainties, Spanish borrowers lock in home loan rates

June 16, 2022
Beset by uncertainties, spanish borrowers lock in home loan rates - photo licensed by shore news network.

By Jesús Aguado MADRID – Spanish homeowners, fearing a return to the turmoil that nearly bankrupted their country a decade ago, are rushing to shield …

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ECB tells banks to cut lending to indebted borrowers after binge

March 30, 2022
Ecb tells banks to cut lending to indebted borrowers after binge - photo licensed by shore news network.

FRANKFURT – The European Central Bank has told banks to cut lending to the most indebted borrowers, which could poke a hole in their balance …

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