Californians and other borrowers using the Biden administration’s new federal student loan repayment plan can still have their monthly payments cut in half after a pair of court rulings last week cast the program’s future into doubt. Millions of borrowers on President Joe Biden’s Saving on Valuable Education (SAVE) plan have been paying 10% of […]
Tag: payments
Student loan borrowers can slash their monthly payments — for now. Here’s what to know
Student loan borrowers enrolled in a new federal repayment plan could see their monthly payments cut in half in the near future, thanks to a last-minute reprieve by a federal appeals court. At the moment, though, the legal wrangling is sowing confusion throughout the student-aid system, with millions of borrowers’ monthly payments thrown into doubt. […]
Payments in lieu of taxes approved for commercial development in Jamestown
Jul. 1—JAMESTOWN — The Jamestown City Council in a 3-0 vote approved a five-year pilot for payments in lieu of taxes for the development of a commercial building. Councilman David Schloegel was not present at the meeting on Monday, July 1. Councilman Dan Buchanan passed away in June. The five-year pilot is contingent on approval […]
India, four SE Asia countries plan instant retail cross-border payments
MUMBAI (Reuters) – The central banks of India, Malaysia, Thailand, Singapore and the Philippines are working together to start an instant cross-border retail payments platform by 2026, the Bank of International Settlements (BIS) said on Monday. BIS, dubbed the central bankers’ central bank, said it aims to link each country’s instant digital payment system — […]
‘Sinking Settlement Hopes’ residents still seeking water lawsuit payments
LAWRENCE COUNTY, Ala. (WHNT) — In “Sinking Settlement Hopes” News 19’s ongoing investigation into a contaminated drinking water lawsuit settlement now finds frustrated Lawrence County residents have taken steps to try and collect settlement payments through the courts or through complaints to the Alabama Bar Association. But so far, it appears those residents remain in […]
Education Dept. freezes loan payments for 3M student borrowers after court rulings
The Education Department will suspend monthly student loan payments and interest for some 3 million borrowers in response to court rulings blocking parts of President Joe Biden’s new loan-repayment program. Department officials said Friday they would freeze the student loans of borrowers who are enrolled in the program — known as the SAVE plan — […]
House ethics panel reviews 2 GOP lawmakers’ campaign payments to private social clubs
WASHINGTON (AP) — The House Ethics Committee said Monday it was reviewing accusations that two Republican congressmen from Texas violated ethics rules by using campaign funds to pay membership dues at private social clubs. The bipartisan panel released findings that Rep. Ronny Jackson‘s campaign committee had paid over $6,800 in membership dues to The Amarillo […]
How to pay off your house faster with biweekly mortgage payments
Paying off your mortgage can take a long time — usually decades. In the meantime, it can limit your monthly cash flow, take money away from other investments, and leave you spending hundreds of thousands in interest over the long haul. Fortunately, there are ways to speed up your timeline. In fact, by making biweekly […]
Russia’s Richest Woman Gets Putin’s Nod to Build Payments System
(Bloomberg) — Tatyana Bakalchuk made billions selling everything from brooms to bridal gowns on her online marketplace. Now Russia’s richest woman is making a surprise pivot: to helping insulate the economy from sanctions by building an alternative to the global payment system major Russian banks were excluded from. Most Read from Bloomberg Bakalchuk’s Wildberries — […]
Should I Take a $250,000 Lump Sum or $2,750 Monthly Payments for My Pension?
Workers with defined benefit pensions may be offered the chance to collect a one-time, lump sum payment instead of monthly pension benefits for life. Making this decision involves evaluating a number of factors, including the lump sum amount, the amount of the monthly payments and the age of the recipient when the offer is made. […]
Russia, China find payments workaround as US sanctions net widens, sources say
MOSCOW (Reuters) – Russia-China trade options have narrowed since the U.S. imposed sanctions last week on the only Russian bank branch in China, but President Vladimir Putin‘s Chinese visit last month has helped ensure the two countries have payment alternatives for now, three sources said. Since Putin’s visit, specially authorised banks have been set up […]
Diddy’s Son Justin Combs Sued Over Missed Bentley Payments Caused By Billing Mix-Up, Working to Settle Bill
Diddy’s son Justin Combs was sued over missed car payments, but sources say the situation was caused by the bill being sent to the wrong address, In Touch has exclusively learned. According to court documents obtained by In Touch, a company called Porsche Leasing LTD sued Justin Dior Combs and his JDC Holdings Group. The […]