This means by law, the Education Department can direct employers to withhold up to 15% of a borrower’s disposable pay to repay defaulted loans. For example, if a borrower takes home $500 a week, about ...

Millions of borrowers who haven't paid their loans in several months could start seeing things such as tax refunds be withheld, or even an impact to credit scores.

The Education Department has resumed sending student loan borrowers in default to collections, potentially impacting millions ...

Considering all export-imports having receipts /payments in online mode will be dealt with by Regulation of Payment Aggregator – Cross Border (PA – Cross Border), issued by the Reserve Bank, as ...