Private education loans delinquent 30 days or more were 3.5% of loans in repayment, a decrease from 3.6% at the end of Q1. Net private education loan charge-offs were $94 million, or 2.36% of average ...

Through this collaboration, Spinwheel will be natively integrated into Algebrik One — Algebrik's agentic AI-powered lending ...

Federal Direct Loans are originated by the federal government and don’t come with credit criteria. Federal student loan rates for 2025-2026 range from 6.39% to 8.94%. Consider maxing out federal ...

This type of loan is often used to consolidate expensive credit card debt for a lower rate. Debt consolidation loans have fixed rates, unlike variable credit card APRs, which makes budgeting easier.

Hendricks County Bank loan officers are using Abrigo's Community Lending platform to help small-business loans get approval more quickly.

Mortgage origination fees are set by individual lenders. A common benchmark is somewhere between 0.5% and 1% of the loan amount. Let's review what that might look like.

Garnishment of federal benefits, such as Social Security, is beginning in June and could impact thousands of defaulted student-loan borrowers.

Among the direct lenders we evaluated, PenFed had the lowest minimum loan amount. It also has low interest rates and no origination fees. If your credit isn’t great, PenFed allows co-borrowers ...

AI is enabling mortgage lenders to integrate origination and servicing, improving efficiency, borrower satisfaction, and long-term portfolio performance.

Loan Origination Volume: Loan origination volume of $5.2 billion for the first quarter, a 14% increase over the prior year's $4.6 billion, consistent with prior guidance.

NEW YORK, NY / ACCESS Newswire / May 5, 2025 / Ares Management Corporation (NYSE:ARES) announced today that funds managed by its Credit Group (collectively "Ares") closed approximately $11.5 billion ...