Coca-Cola İçecek (CCI) has secured four loans from the International Finance Corporation (IFC) to support its ESG efforts in four countries. The loans, totalling $250m, will be used on projects at CCI’s facilities in Turkey and its three subsidiaries in Uzbekistan, Tajikistan and Iraq. IFC, a member of the World Bank Group, said the financing […]
RUIDOSO, N.M. (KRQE) – The federal government is helping victims of the fires and floods in Ruidoso rebuild with some extra cash. Low-interest loans are now available for anyone who’s home or business has been impacted by the recent natural disasters. Earlier this month, the president signed a major disaster declaration, making low-interest federal disaster loans available […]
Student debt Taxpayers risk being “ripped off” as figures suggest millions of graduates will never pay back their student loans. More than 2.5 million former university students saw their debt to the Students Loan Company (SLC) increase last year – despite working and making payments to reduce their balance. The payments to the SLC of […]
Steven Perry, 58, got $110,000 in student loans forgiven last August. It was a result of Biden’s one-time account adjustments for PSLF and income-driven repayment plans. Perry said he wasn’t expecting the relief, but it opened up financial freedom to save for retirement. Steven Perry, 58, was never anticipating student-loan forgiveness — even after making […]
Steven Perry, 58, got $110,000 in student loans forgiven last August. It was a result of Biden’s one-time account adjustments for PSLF and income-driven repayment plans. Perry wasn’t expecting the relief, but it opened up financial freedom to save for retirement. Steven Perry, 58, was never anticipating student-loan forgiveness — even after making payments for […]
Douglas Rissing / Getty Images/iStockphoto The U.S. government’s spending habits have reached a new record, and it’s currently more than $34.5 trillion in debt. But owing money is nothing new — it’s a part of the country’s historical narrative. The U.S. has been in debt since its inception, borrowing $75 million from domestic investors and […]
Kevin O’Leary Does Not Believe In A Bailout For Student Loans, Saying, “This Is So Un-American. It’s So Unfair.” Canadian business owner Kevin O’Leary, also known as Mr. Wonderful from his Shark Tank days, has criticized student loan bailouts, calling them “un-American” and unfair. Here’s why this successful investor thinks so. Don’t Miss: O’Leary, well-known […]
May 27—The Santa Fe-based nonprofit Regional Development Corporation this month awarded eight businesses a share of $145,978 in no-interest loans aimed at helping spur growth. The share of businesses receiving money from the Technology & Manufacturing Fund, or TEAM Fund, include four from Santa Fe County, three from Los Alamos County and one from Taos […]
WASHINGTON (AP) — The Biden administration is canceling student loans for another 160,000 borrowers through a combination of existing programs. The Education Department announced the latest round of cancellation on Wednesday, saying it will erase $7.7 billion in federal student loans. With the latest action, the administration said it has canceled $167 billion in student […]
Jeff Bezos Quietly Enters Residential Mortgage Business, Giving High Interest Rate Loans To Other Investors Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Jeff Bezos may be best known as the founder of Amazon.com Inc. (NASDAQ:AMZN), but the billionaire has several lesser-known business interests across multiple […]
The Small Business Administration backed loans worth $27.5 billion through its primary lending program in 2023—rising well above pre-COVID-19 pandemic levels as government officials aim to stabilize the economy. Many small businesses get their start and scale up with SBA loans, which increased lending to Black, Latino, and women entrepreneurs in the past few years in step […]
(Reuters) – Shares of New York Community Bancorp rose nearly 5% in premarket trading on Wednesday, after the lender agreed to sell a portfolio of about $5 billion in mortgage warehouse loans to JPMorgan Chase. The deal with the largest U.S. bank by assets, announced late on Tuesday, will bolster liquidity at NYCB, which is […]