The Small Business Administration, which backed the pandemic loan program for businesses, got hit hard by fraud.

Have a Direct Loan, Federal Family Education Loan Program loan ... Collect the funds themselves Send accounts to a collection agency Write off and sell debt to a third party debt collector ...

To prevent borrowers from facing bills larger than what they can pay, the government can tie your monthly payment to your ...

Alausa will meet with Vice-Chancellors and heads of tertiary institutions  accused of misappropriating funds disbursed ...

The Department of Education restarts collections of loans in default on Monday, putting millions of borrowers at risk of ...

From credit cards and mortgage rates to auto loans and savings accounts, all sorts of consumer borrowing costs are impacted by Fed moves.

It is no secret that the federal student loan program is in crisis. Nearly 40% of the 43 million borrowers are either in an ...

A letter from the Federal Housing Finance Agency alleges that James "appears to have falsified records" in order to "receive ...

Layoffs of disabled workers across the federal government are raising questions about its commitment to inclusion ...

Millions of borrowers in default on their student loans also could have their tax refunds and Social Security benefits ...

When you default on your student loans, your debt is transferred out of the normal repayment servicing system. It enters “into what’s almost like the ‘bizarro land’ of the repayment system,” says ...

A Direct Consolidation Loan allows you to combine one or more federal education loans into ... MMI, a nonprofit credit counseling agency, helped her pay down more than $22,000 in credit card ...