News

This summary is reviewed by TRD Staff. Unilev, the owner of office building One Riverway, has reached a loan workout with its lender, German American Capital Corp. The workout includes a 36-month ...
So, the choice might not even be yours. Loan modification requires proving a hardship and your lender might not qualify your situation as the level of hardship they need. But if you are in an ...
The Hardship Accommodation Plan allowed hundreds of thousands of borrowers to make smaller monthly payments on Economic Injury Disaster Loans. The Small Business Administration is ending its ...
The SBA has abruptly scrapped a program that allowed hundreds of thousands of borrowers to make smaller monthly payments. Here's what it means for businesses. Challenges ahead for small businesses ...
An auto loan hardship program can help if you’re facing a financial emergency and need help with your car payments. Eligibility criteria, fees and program options vary by lender. Shop around and ...
If you have a 401(k) account through your employer, one option you may have available is taking out a 401(k) hardship loan or using a 401(k) hardship withdrawal to help fund some of those expenses.
Likes to mix things up by dipping into the world of American sports. Applications for four federal student loan income-driven repayment (IDR) and loan consolidation plans have been suspended by ...
Here are some documents you may need to provide to qualify: Proof of income including payments Recent bank statements Tax returns Hardship letter explaining why you need a student loan modification ...
The Department of Education is defining hardship as an event or situation “likely to impair the borrower’s ability to fully repay the loan or render the costs of continued collection of the ...
Student-loan borrowers struggling financially may ... to cancel student debt if it's causing a borrower financial hardship. Officials said some examples of costs that might impose hardship include ...