Republican lawmakers would provide funding for Pell Grants but tighten eligibility requirements. The House version raises the bar for how "full-time" studies are defined -- students would have to earn ...

Congress is considering major changes to federally supported student loan programs. If lawmakers aren't careful, they could ...

Covid-era government relief for student loan borrowers has come to an end, and that means a surge of loan defaults is looming, with affected borrowers facing wage garnishment and reductions to their ...

Ghana’s parliament has backed the $2.8bn debt restructuring framework – but private creditor talks and reforms remain key.

Worried about missing a payment? Learn what happens if you default on a personal loan. It might damage your credit score and ...

Achieve reports on strategies to reduce student loans, including IDR plans, refinancing, and loan forgiveness options.

Cross-selling in personal loans involves offering extra financial products such as credit cards or insurance, often increasing costs. Borrowers must stay alert, read fine print, and avoid ...

Defaulting on a home equity loan or HELOC can result in the loss of your home, as it was pledged as collateral for the debt. Being in default typically occurs after four consecutive missed ...

Meanwhile, more than 5.3 million student loan borrowers are currently in default, and that total could swell to roughly 10 million borrowers within a few months, the Education Department estimates.

To clarify any misconceptions, being in default on your loans means that you have not made any student loan payments for 270 days or longer. However, this does not apply to borrowers who had their ...