Browsing: forgiveness

The term “credit forgiveness” is often used to describe situations where a creditor agrees to accept less than the full amount owed on a debt. While…

Andreypopov | Istock | Getty ImagesThe Trump administration has identified more than 40,000 borrowers eligible for federal student loan forgiveness in January, a recent court filing…

Parents who took out student loans for their child’s education could be excluded from affordable repayment plans and loan forgiveness programs in the coming months if…

Glorya Kaufman Hall at UCLA on Wednesday, Nov. 19, 2025 in Westwood, CA. Myung J. Chun | Los Angeles Times | Getty ImagesMore than 800,000 federal…

Key insight: Prosecutors say the bank sought forgiveness for loans originated by a manager it had already fired for suspicious activity.What’s at stake: KeyBank faced civil…

Songsak Rohprasit | Moment | Getty ImagesStudent loan borrowers whose debt is canceled in 2026 or later may face a significant tax bill. A law that shielded…

U.S. Education Secretary Linda McMahon leaves after speaking at a press briefing at the White House in Washington, Nov. 20, 2025.Evelyn Hockstein | ReutersThe Trump administration…

Anastasiia Krivenok | Moment | Getty ImagesWith many federal student loan borrowers struggling to repay their debt, consumer advocates and financial advisors say it’s crucial that consumers know…

Daniel Gray and his husband, Douglas, and their dog.Courtesy: Daniel GrayOn Oct. 23, the day after Daniel Gray’s 56th birthday, he received an email that made…

Tim Robberts | Digitalvision | Getty ImagesStudent loan forgiveness is a major relief for borrowers — many of whom have been in repayment for decades. But…