March 9, 2025
Financial Assets

Student Loans: How Donald Trump’s Plans Overlap With Project 2025

Some of President Donald Trump‘s recent education initiatives and tentative plans, including the potential dismantling of the Department of Education (DOE) and subsequent restructuring of student loan programs, reflect similar recommendations outlined in Project 2025, a conservative policy agenda he previously sought to distance himself from. Newsweek has reached out to the DOE and White

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Financial Assets

What happens to student loans if Department of Education closes?

Linda McMahon confirmed by Senate for Education secretary The Senate confirmed GOP donor and former wrestling executive Linda McMahon to head the Department of Education with a 51-45 vote. President Donald Trump is seeking to eliminate the U.S. Department of Education, according to a draft of an executive order reviewed by USA TODAY. As Trump

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Financial Assets

Personal loans: THESE are the 5 key reasons for which it is not unreasonable to borrow

If you are planning to raise a personal loan, remember that there are certain reasons for which it is not unreasonable to take a loan. For instance, when there is an emergency at home or a wedding.  Additionally, there are some people who do not refrain from taking a loan for going on a vacation as

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Financial Assets

This Bank Cuts Interest Rates On Retail Loans By 25 Bps

Last Updated:February 23, 2025, 15:16 IST In its latest meeting, the RBI’s Monetary Policy Committee (MPC) had unanimously decided to cut the repo rate by 25 basis points to 6.25%. RBI cuts its repo rate by 25 bps. State-owned Bank of Maharashtra (BoM) has reduced interest rates on retail loans, including home and car loans,

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Financial Assets

RBI proposes scrapping foreclosure charges on loans for THESE borrowers; Will this ease loan burden?

The Reserve Bank of India (RBI) released draft norms for prepayment penalties on loans on Friday, February 21, where it proposed to scrap the foreclosure charges on floating-rate loans for retail and MSME borrowers. Once approved, this will apply to all floating-rate loans. The central bank added that the loans granted for business purposes to

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Financial Assets

China sees robust growth in loans to small, micro firms

Employees work on the production line of a high-tech company in Tianjin. [Photo/Xinhua] BEIJING — Official data showed that China saw robust growth in the outstanding sum of loans to small and micro companies by the end of 2024 amid government efforts to encourage inclusive financing. By the end of the fourth quarter (Q4) of

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Financial Assets

Consumers need a watchdog to guard their wallets from bad deals

Trump shuts down US Consumer Financial Protection Bureau Protesters are calling on the Trump administration to change course and re-open the Consumer Financial Protection Bureau (CFPB). It is an independent agency of the United States government responsible for consumer protection in the financial sector founded in 2011 after the Great Recession. Fox – Seattle CFPB

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Financial Assets

‘Illegal loans void, do not repay them’: Cambodian Minister

“I urged the ministry officials to tell the public that if the lending group is illegal – especially if it is foreigners providing the online loan – then our citizens should not repay the loan. If there are any issues, they should report it to the authorities,” he added, via his social media. He made

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Financial Assets

PalmPay does not give loans, says CEO

Digital payment platform PalmPay has reaffirmed its role as a mobile payment provider, distancing itself from any direct involvement in loan disbursement. The Mobile Money Operator with 35 million customers explained that all lending activities on its platform are conducted by third-party financial institutions leveraging its ecosystem, not PalmPay itself. Speaking at a press conference

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Financial Assets

ACC Loans Boost Agricultural Development Amid Broader Economic Modernization Efforts

Date 8/18/2024 2:07:37 PM (MENAFN– Jordan News Agency) Amman, August 18 (Petra) – The Agricultural Credit Corporation (ACC) has extended loans worth JD 2.616 million to 295 borrowers under the Irrigated and Rainfed Agricultural Land Development and Exploitation Project in the first half of 2024.This financial support is part

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