Federal student loan repayments – and interest on that debt – have been suspended during the pandemic, thanks to federal COVID-19 relief legislation. However, as of October 2021, some 44 million borrowers who owe an estimated $ 1.7 trillion will have to start paying off debt that has grown exponentially …
Read More »Nick Stuart promoted to Personnel Accountant at Brattleboro Saving & Loan
Brattleboro Savings & Loan has added Nick Stuart to their finance team as a personnel accountant. Nick started working at BS&L only a few years ago as a cashier, but he brought with him some accounting experience and an interest in learning more about the financial side of the bank. …
Read More »Grand Forks Growth Fund Approves Inbound Data Center and Self-Service Brewery Loans
Members of the Growth Fund committee have approved a loan of nearly $ 270,000 for Washington-based Core Scientific, which will set up a site in the industrial park on the city’s west side. The company provides infrastructure and software solutions for artificial intelligence and blockchain users involved in mining cryptocurrency, …
Read More »BoT calls for faster approval of loans on favorable terms
Several shops in the Chatuchak Weekend Market are closed following the third wave of the Covid-19 epidemic. The loans under this program aim to support the liquidity of SMEs that have been affected by the pandemic. (Photo by Apichit Jinakul) The Bank of Thailand (BoT) has urged financial institutions to …
Read More »A subsidiary of Walton Street Capital, LLC grants $ 71.6 million senior loan to Knightvest Capital to acquire Portrait in Hance Park, a 340-unit multi-family community in Phoenix
CHICAGO–(BUSINESS WIRE) – A subsidiary of Walton Street Capital, LLC (“Walton Street”) announced that it had provided a $ 71.6 million loan to Knightvest Capital to acquire Portrait at Hance Park, a multi-family community of category A of 340 apartments located at 1313 N 2nd Street in downtown Phoenix, AZ. …
Read More »SBA loans available to many residents of the three states affected by inclement weather
HUNTINGTON / CHARLESTON, W.Va. (WSAZ) – The U.S. Small Business Administration is reminding residents of affected counties to seek federal help due to inclement weather from late February to early March. Following a presidential disaster declaration, low-interest loans are available to residents of parts of West Virginia, Ohio, and Kentucky. …
Read More »Payoff Personal Loan Review 2021
Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, such as American Express, but our reports and recommendations are always independent and objective. The bottom line: Payoff is a great lender for …
Read More »Student debt cancellation reportedly removed from Biden’s annual budget
During the election campaign, President Joe Biden supported undergraduate or graduate student debt relief of $ 10,000 for each year of national or community service, up to five years and $ 50,000 . Since, lodge and Senate Democrats have repeatedly urged Biden to “largely” write off up to $ 50,000 …
Read More »FTC Settles Claims With Student Debt Relief Companies | Goodwin
[author: Samantha Becci] On May 17, 2021, the Federal Trade Commission (FTC) ad a regulation with several student debt relief companies and their respective owners. The settlement stems from a complaint filed in 2019, in which the FTC alleged that businesses were charging illegal upfront fees and tricked consumers into …
Read More »SBI Corporate Loan Book Hints at Shift in Market Dynamics
MUMBAI : Indian banks are realizing that in order to see sustainable growth in corporate credit, they must also invest in the debt securities of their borrowers, signaling a change from their lending-driven growth strategy. India’s largest lender, State Bank of India, reported 2.6% total business credit growth in FY21, …
Read More »Mizuho to lead China’s first auto loan-backed green bond sale
SHANGHAI – Mizuho Bank of Japan will serve as the lead underwriter for China’s first green bond which consists entirely of income streams from loans for low and zero emission cars as Beijing pursues an ambitious climate change target. The 910 million yuan ($ 142 million) offering will be created …
Read More »Flash Loan Attacks Drain 2 $ 6 Million Binance Smart Chain Challenge Projects – News Bitcoin News
There have been two back-to-back flash loan attacks in a short period of time stemming from Binance Smart Chain’s two unique decentralized financing (challenge) projects. Last Wednesday, the Pancakebunny agricultural production platform lost nearly $ 3 million in a flash loan attack according to reports. The following Sunday, Bogged Finance …
Read More »USDOT issues guidance for TOD projects seeking federal loans through the Build America Bureau
A TIFIA loan will help finance the construction and development of the Transbay Transit Center. Common competence authority of Transbay The US Department of Transportation (USDOT) has issued new guidelines to clarify the eligibility of transit-focused development (TOD) projects. The USDOT Build America Bureau has developed guidelines for public and …
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