Investment

New car loans are easier to get now than cars

Finding a car may be more difficult than in recent memory, but buyers who line up a new vehicle are more likely to qualify for a loan. Cox Automotive found that accessing loans in September was 5.5% easier than in the same period a year earlier. In general, access to …

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Demand for bank loans is not strong except for home loans

The country’s major banks reported their profits this week, and overall their profits have risen – a lot. This is in part because they are setting aside less money to cover bad debts than they were earlier in the pandemic. That doesn’t necessarily mean they’re loaning out more money, however. …

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Changes to the student loan exemption: what you need to know

A student debt cancellation program with notoriously complex eligibility rules is being revamped by the Biden administration, with the goal of extending debt relief to thousands of public servants. The Education Department said on Wednesday it will lift some rules for the remission of civil service loans as it works …

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“It doesn’t seem fair. She has $ 131,000 in student loans and cannot afford to live on, even though she earns $ 110,000 a year. How She – and Other Borrowers – Can Get Rid of Student Debt Faster

MarketWatch has promoted these products and services because we believe readers will find them useful. We may earn a commission if you purchase products through our links, but our recommendations are independent of any compensation we may receive. Student loan debt hit a record $ 1.73 trillion in the second …

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