In two weeks, loan holders will start the process of seeking money from borrowers who have missed payments for 270 days or ...

BMG Money today announced the appointment of Robert Mahnke as its new Chief Legal Officer (CLO), bringing expertise and experience to drive its legal strategy and support its broader business goals.

The result: Millions of borrowers saw their credit scores plunge in recent months, and loan servicers are warning that a record number of borrowers are at risk of defaulting by the end of the year.

A Greenfield woman is accused of using another person’s Social Security number to obtain a $40,000 loan. Rebecca L. Neal, 45, has been charged with attempted identity theft, according to the ...

Discover key insights from First Merchants Corporation's Q1 2025 earnings call. Learn about strong loan growth, financial performance, and future guidance.

CEO Jerry Baack reported adjusted earnings per share of $0.32 for Q1 2025, excluding merger-related expenses. The company highlighted robust balance sheet growth and net interest margin (NIM) ...

WASHINGTON – Since the COVID-19 pandemic, federal student loan borrowers have been mostly protected from the harshest consequences of not paying back their loans. That's about to change ...

The Trump administration announced Monday it will resume debt collections for federal student loan borrowers who have defaulted on their debt, putting millions of borrowers at risk of having ...

In a couple of weeks, the Department of Education will restart student loan collections, and those in default face wage garnishments on borrowers' incomes, tax refunds, or Social Security benefits ...

NEW YORK (AP) — Starting next month, the Education Department says student loans that are in default will be referred for collections. Roughly 5.3 million borrowers are in default on their ...

WASHINGTON (AP) — The Education Department will begin collection next month on student loans that are in default, including the garnishing of wages for potentially millions of borrowers ...

The Education Dept. is restarting “involuntary” repayment of federal student loans in default. Here’s what borrowers who are behind on their bills need to know.