Category: Loans

The Trump administration is advancing a proposal to allow crypto-backed mortgages, aligning with its broader pro-cryptocurrency agenda. This initiative follows the passage of significant crypto legislation during “Crypto Week” on July 17, 2025, which included the Stablecoin Genius Act. Additionally, President Donald Trump recently proposed 50-year mortgages, a move that has sparked backlash from his…

Small business owners often consider repaying their SBA loans early to reduce interest costs. However, this decision depends on the type of loan and the business’s financial health. For example, SBA loan deferments offer a way to pause payments without penalties, while loan forgiveness programs can eliminate repayment entirely for eligible uses. Additionally, understanding the…

Starting in 2026, significant changes to federal student loan policies under the Trump administration will reshape borrowing, repayment, and forgiveness options for millions of Americans. These changes include revisions to the 2026-2027 FAFSA and new rules outlined in the ‘One Big Beautiful Bill’. The legislative actions aim to overhaul student loan forgiveness, Pell Grants, and…

A new policy from the White House is casting doubt on the future of student loan forgiveness for many borrowers. Under the Trump administration, changes are being proposed that could significantly alter access to relief programs. Although there was an agreement to expand student loan forgiveness on October 19, 2025, experts are concerned that these…

Direct student loans, provided by the U.S. Department of Education, are a cornerstone of federal financial aid, offering students a way to fund their education without the need for private lenders. These loans are designed to make higher education more accessible by providing various options tailored to different needs, such as consolidation and refinancing. As…

The White House has recently announced a significant agreement to cancel debt for millions of American borrowers, aiming to implement this relief swiftly. This initiative is designed to provide immediate financial relief to a wide range of borrowers, potentially transforming their financial situations through rapid debt forgiveness. Individuals can determine their eligibility by following straightforward…

Business loans are designed to support commercial activities, but the temptation to use these funds for personal expenses like home renovations or vacations can be strong. Such misuse can lead to audits or legal action, as it often violates loan agreements and tax regulations. This can result in penalties that endanger both personal and business…

Homeowners across the United States are increasingly turning to home equity lines of credit, or HELOCs, to access their growing equity for home improvements. With total home equity reaching a record $31 trillion in the first quarter of 2024, according to the Federal Reserve, these financial tools are becoming more popular. A new variant of…

As the government shutdown continues to strain the finances of federal workers, many are turning to no-interest loans to bridge the gap left by missed paychecks. This financial lifeline has become a focal point for lawmakers who are assessing the benefits and potential pitfalls of such tools for employees facing financial hardship. Additionally, federal workers…

Several U.S. states, including Connecticut and Oregon, have filed lawsuits against the Trump administration, challenging a new rule that restricts eligibility for the Public Service Loan Forgiveness (PSLF) program. This rule excludes certain employers from qualifying as public service roles. New York Attorney General Letitia James has also joined the legal action by suing the…