Recent changes to the federal student loan system are creating a steeper "marriage penalty," impacting married couples and requiring borrowers to consider new financial implications.

A new law aimed at streamlining the court processing of so-called 'frankowicz' (Swiss franc loan) cases came into effect in Poland, introducing several procedural changes.

An analysis suggests that the true cost of cheap credit extends beyond just interest rates, implying additional expenses or risks for borrowers.

A new federal report has been released, offering solutions to the payment errors and customer service delays currently being experienced by student-loan borrowers.

New data reveals that nearly 1,500 properties purchased through Australia's first home buyers' 5% deposit scheme have been converted into investments. The scheme has also been utilized by high-income borrowers, including one couple earning $674,000 annually.

A last-minute surge in applications has pushed the number of distressed borrowers applying to Cyprus' mortgage-to-rent scheme past 4,200, leading the government to extend the deadline by two months.

The Education Department announced it will discharge student loans for an additional 170,000 borrowers who were defrauded by for-profit schools, marking the largest class-action settlement in American history.

Investors in the AI loan market are pushing for higher demands, leading borrowers to offer more favorable terms, a shift expected to result in increased borrowing costs for various entities, including AI companies.

Hundreds of thousands of student loan borrowers, totaling 450,000, are eligible for $23 billion in debt cancellation under a class-action settlement against the federal government.

A Cibil report indicates a three-fold increase in over-leveraged borrowers, alongside a noticeable slowdown in credit expansion, signaling potential concerns for the financial sector.

An expert warns that borrowers should not expect lower mortgage rates in the near future, as over 30 lenders have recently increased rates due to renewed inflation concerns, partly attributed to the Iran war.

NBET Finance and Lagos State have emerged as Nigeria’s largest bond borrowers in the first half of 2026, raising hundreds of billions despite high capital costs.

An article examines which banks are quicker to pass on Official Cash Rate (OCR) movements to both borrowers and savers, highlighting variations in banking practices.

Student loan defaults have reached a record high, prompting an urgent call for borrowers to take immediate action.

The National Bank of Ukraine (NBU) reported that Ukraine continues to experience strong credit growth, with banks doubling the number of active corporate borrowers over the past decade.

Democratic lawmakers, co-led by Senator Elizabeth Warren, have reintroduced legislation aimed at preventing student-loan borrowers from accumulating unmanageable debt burdens.

Student-loan borrowers are reporting significant challenges in obtaining clear information from the companies that manage their debt, citing issues with customer service.

Borrowers under the student loan SAVE plan in the US have 90 days to select a new repayment plan before being automatically moved, according to the Education Department.

Thrift banks are advising against extending salary loans for tuition fees over seven years, arguing that tuition is typically an annual expense and such long terms are not suitable for all borrowers.

The private credit market is encountering significant pressure from elevated interest rates, which are increasingly impacting borrowers already under strain.

Chinese regulators are pressuring agencies to limit triple-A designations for higher-interest borrowers in the corporate bond market. This move aims to crack down on top ratings for corporate bonds.

Student loan borrowers are reportedly delaying major life milestones such as retirement and having children, and taking on multiple jobs, in preparation for upcoming repayment changes. These individuals are making significant sacrifices to manage their financial obligations.

Borrowers are reportedly losing thousands of dollars due to various scams related to student loan forgiveness programs.

Higher-earning Australians, including some earning over $200,000, are increasingly using the 5% first home deposit scheme, leading economists to warn that Labor's removal of caps could be inflating prices as support flows to those in better financial positions.

Loan applications in Ghana are reportedly employing aggressive and threatening tactics, including curses and public embarrassment of family members, to coerce borrowers into repayment.

Student-loan borrowers enrolled in the SAVE plan have started receiving notices to switch to a new repayment plan, with the first batch of notifications sent out on July 1.

On the first day of its availability, 46,000 borrowers successfully moved their student loans to a new repayment plan, as reported by Forbes.

The Trump administration's attempts to limit the student loan forgiveness program have been blocked after two significant court losses. This development ensures that the program remains safe for now, providing relief to borrowers.

The Trump administration has ended the Biden-era SAVE student loan repayment plan, requiring over 7 million US borrowers to choose new options within 90 days after it was ruled unconstitutional.

CNBC Select has compiled a list of the best auto loans available for borrowers with bad credit, categorized to help consumers find suitable options for July 2026.

Promises of student loan forgiveness have been described as worse than empty, highlighting the ongoing challenges and frustrations faced by borrowers regarding debt relief.

The Education Department has confirmed a new timeline for SAVE student-loan borrowers, stating they will not have to find a new repayment plan until September, with some potentially receiving even more time.

A federal judge has temporarily blocked a Trump administration rule that limited federal student loans for certain graduate school borrowers, a policy that was set to take effect on July 1.

New Democracy, PASOK, and Greek Solution parties voted in favor of the 'Pierrakakis amendment,' a provision that creates two-speed borrowers and selectively applies a Supreme Court decision.

A new legal filing is calling for a halt to the transfer of millions of student loan borrowers off a key affordable repayment plan. The action aims to prevent changes that could negatively impact borrowers.

A recent Greek government decision regarding the Katseli law is expected to immediately benefit over 100,000 debtors. Prime Minister Mitsotakis praised the government's initiative, stating it exceeded expectations and sends a message of security to consistent borrowers.

Borrowers in Greece are demanding full vindication, asserting that the costs should be borne by those who benefited, not by Greek taxpayers.

Greek Prime Minister Kyriakos Mitsotakis stated that the government has exceeded expectations on Non-Performing Loans, sending a message of security to borrowers, and stressed the importance of legislating with public finances in mind.

The Greek finance minister has submitted an amendment to Parliament aimed at easing debts for over 100,000 borrowers under the Katseli Law. This legislative change seeks to provide financial relief to a significant number of citizens.

Socrates Famellos, president of SYRIZA-PS, has called for the immediate and universal implementation of the Supreme Court's decision concerning all borrowers who have been included under the Katseli law.

Former Greek Prime Minister Antonis Samaras has commented on a new legislative initiative concerning borrowers under the Katseli law, stating that the restoration of legality cannot be selective.

Former Greek Prime Minister Antonis Samaras criticized a new legislative initiative concerning borrowers under the Katseli Law, questioning its legal and ethical basis for excluding certain loan recipients. Meanwhile, Konstantinos Pierrakakis stated that the regulation on loans under the Katseli Law is a matter of political responsibility and that its retroactive effect is a government initiative.

Poland's Ministry of Finance is giving banks nine months to offer borrowers a new interest rate benchmark or a fixed rate, following a decision to gradually phase out the WIBOR instrument used for calculating loan interest.

K. Tsoukalas criticized Al. Tsipras's proposal for 'red loans,' stating that anyone who believes a solution can equally benefit both borrowers and funds is mistaken, emphasizing that one cannot be on both sides.

The Bank of Japan's recent interest rate increase is reported to benefit savers while simultaneously posing challenges for borrowers.

Woori Financial Group announced an expansion of its "Future Shared Growth Project" funding by 10 trillion won ($6.5 billion). This initiative aims to boost support for strategic industries, small businesses, and financially vulnerable borrowers.

The Department of Education has significantly increased a key discount for student loan borrowers, quadrupling its value. However, the article notes that borrowers have a limited time to take advantage of this enhanced benefit.

Student loan borrowers have an opportunity to reduce their interest rates by 1% through 2028, with details provided on how to achieve this reduction.

Nikos Androulakis, leader of PASOK-KINAL, has publicly supported borrowers against investment funds, urging the immediate implementation of a recent Supreme Court decision regarding red loans.

Biden's inconsistent stance on student loan forgiveness led borrowers to increase discretionary spending and made them 7.5% more likely to default on their loans.

Democratic senators have expressed concern regarding widespread credit reporting errors stemming from student loan servicers, potentially impacting borrowers' financial standing.

Student loan borrowers enrolled in the SAVE plan may have a 90-day window to switch to alternative repayment plans.

The Indian Supreme Court has issued a notice to the Centre and Punjab regarding the failure to implement the Right to Education (RTE) Act. Separately, the court criticized banks for being 'casual' with large loans while harassing common borrowers.

An American economist's concept of 'Ponzi finance' is used to describe a long-standing financial health issue in Pakistan, where borrowers pay interest by borrowing more money rather than from income.

Funding Circle claims that two-thirds of its payouts were made under a successor to the Covid-era small business loan scheme, which was used to provide loans to higher-risk borrowers.

U.S. credit card debt has surged to $1.25 trillion, with delinquencies hitting a 15-year high. Inflation and high interest rates are contributing to more Americans falling behind on payments.

A Trump official stated that nearly 7 million student loan borrowers are still enrolled in the defunct SAVE payment plan, risking unaffordable payments and potential default.

Millions of student loan borrowers enrolled in the SAVE repayment plan will soon receive notices requiring them to transfer to a new repayment plan. Failure to take action could result in them being placed on the most expensive repayment option.

PASOK-KINAL spokesperson Kostas Tsoukalas highlighted concerns regarding the Supreme Court's decision on the Katseli Law, which protects vulnerable borrowers, urging against further deception of loan recipients.

Student loan borrowers are advised to consider eight important factors before the upcoming July 1 deadline. These considerations are crucial for managing their loans effectively.

Democratic lawmakers, led by Senator Elizabeth Warren, are renewing efforts to push the Education Department to cancel student debt for eligible borrowers and halt the transfer of accounts to the Treasury.

Péter Magyar announced that the Hungarian Parliament will suspend foreclosures related to foreign currency loans today. This decision aims to address issues faced by borrowers with such debts.

New federal student loan rules, part of the One Big Beautiful Bill Act, are set to take effect on July 1, introducing significant limitations on repayment and forgiveness options for new borrowers, with stricter limits for Parent PLUS borrowers and those seeking consolidation.

Cryptocurrency exchange Coinbase is preparing to launch a new service this summer that will allow qualified borrowers to use digital assets for Fannie Mae-backed mortgage down-payments.

SYRIZA has consistently advocated for the protection of loan borrowers, citing numerous interventions against the unregulated operations of funds and servicers, which they attribute to the Mitsotakis government's responsibility.

A key court hearing has taken place regarding a new rule that aims to cut off student loan forgiveness for certain groups of borrowers.

Federal student loan payments have seen a significant increase following changes implemented on July 1, 2026, with new regulations redrawing the map for borrowers, particularly those over 50.

Nonprofit financial counselors have reported a significant increase this year in the number of borrowers seeking advice for struggling to pay day-to-day bills.

Japanese companies have already sold more corporate bonds with investor protection this year than in all of 2025, as lower-rated borrowers increasingly opt for the bond market over traditional bank loans.

Landsbankinn economists anticipate Iceland's Central Bank will raise interest rates on August 19 due to persistent high inflation, while labor leaders warn that further increases could jeopardize current wage agreements.

Student loan borrowers are being incorrectly informed of default status due to errors by MOHELA and confusion surrounding new repayment plans introduced by the Trump administration, including changes to the SAVE plan.

Hana Financial Group deployed over 1.86 trillion won ($1.3 billion), or 60 percent of its annual target, for inclusive finance in the first half of the year, supporting young people, small businesses, and vulnerable borrowers.

Churchill's Randy Schwimmer describes private markets as being in a 'platinum era,' even as Fitch Ratings reports a record 6% default rate among US private debt borrowers in the second quarter.

The Central Bank of Cyprus published an Economic Brief examining how the European Central Bank’s recent monetary policy cycle reshaped the composition of bank lending in Cyprus, concluding a marked shift towards longer-term loans.

This article explains the reasons behind the sale of mortgages and provides guidance on what borrowers can do when their mortgage is sold to a new servicer.

Formal retail credit penetration in India has more than doubled over the last decade, driven by consumption-led lending and expanding access to younger borrowers and women across the country.

An article highlights the importance for borrowers to carefully compare and choose lenders, as their mortgage selection can lead to substantial savings or costs over time.

Borrowers from the United Arab Emirates are tapping global bond markets at a record pace, with sales up a third so far in 2026 compared to the previous year, against the backdrop of the ongoing Middle East conflict.

Thousands of student-loan borrowers who were defrauded by their schools are receiving long-awaited debt relief as a result of the Sweet v. McMahon settlement, totaling $23 billion.

An overview of the top student loan refinance companies for the year 2026, providing options for borrowers seeking to consolidate or lower their loan payments.

US student loan defaults have reached unprecedented levels, with 9.5 million borrowers now in default following the end of pandemic relief measures, raising concerns about a deepening debt crisis.

The Cyprus Borrowers Protection Association (Syprodat) has expressed support for the public share offering of the proposed Pancyprian Cooperative Bank, emphasizing that its success hinges on transparency and sound corporate governance.

Nigerian TV personality Rufai Oseni of Arise TV expressed distress over Nigeria's economic state, lamenting its transformation from a nation capable of funding the World Bank and IMF to one of the world's most persistent borrowers.

Poland's Supreme Court has ruled that a bank overcharged borrowers by 40,000 PLN, setting a precedent for similar cases. Separately, the processing of excessive information about hunters was found to violate GDPR by the Supreme Administrative Court.

The Education Department has begun notifying student loan borrowers that they have a 90-day window to switch to new repayment plans.

As consumers increasingly use 'Buy Now, Pay Later' loans to manage daily expenses, new data indicates a growing number of borrowers are falling behind on their payments.

A new open finance framework in the Philippines aims to give citizens more control over their financial data, improve access to formal financial services, and potentially lower loan costs by providing lenders a fuller picture of borrowers' e-wallet history.

The State Bank of Pakistan (SBP) has set a target of Rs1.5 trillion for credit to Small and Medium Enterprises (SMEs). The Governor urged banks to scale up borrowers, identifying documentation as a key barrier.

Student loan servicers have started notifying borrowers that they have 90 days to opt out of the Biden-era SAVE plan, outlining the next steps for those choosing to leave.

This week marks the final meeting of Poland's Monetary Policy Council before the summer break, along with a press conference by National Bank of Poland President Adam Glapiński and the release of the latest inflation projection, with financial markets awaiting important decisions for borrowers.

Borrowers are grappling with the decision of choosing between fixed, variable, or mixed interest rates for housing loans, a dilemma intensified by the European Central Bank's rapid rate hikes.

Student-loan borrowers have begun receiving their initial notices to transition to new repayment plans, marking a significant step in the ongoing changes to student loan policies.

Hundreds of thousands of taxpayers with overdue debts to the state and thousands of borrowers with outstanding bank loans in Greece will receive increased protection for their funds, as the non-seizable bank account limit has been raised to 1,600 euros.

New changes regarding student loans are taking effect today in the United States, impacting borrowers and repayment plans.

Student-loan borrowers in the US are facing significant changes to repayment plans, with some being phased out and new ones like the SAVE plan being introduced, effective immediately.

Bond giant Pimco is intensifying its focus on private placements, aiming to capitalize on the growing need for capital among borrowers as the distinctions between public and private markets become increasingly blurred.

Mortgage and refinance interest rates are relatively flat today, Friday, June 26, 2026, as the market heads into the weekend. Borrowers can expect little change in rates for now.

The Polish Senate has adopted a new law aimed at streamlining disputes for Swiss franc borrowers. The legislation introduces an automatic suspension of loan repayments for borrowers upon the delivery of a court decision.

Greece's parliament passed a major omnibus bill that retroactively slashes interest rates and monthly payments for over 100,000 borrowers who have maintained current payments on court-mandated debt repayment plans under the country's Katseli Law.

This article discusses the implications and changes for federal student loan consolidation applications submitted after July 1. It outlines what borrowers need to know regarding potential impacts on their loan terms and repayment plans.

The U.S. Department of Education has introduced a new interest rate discount for federal student loans, with specific eligibility requirements for borrowers.

The Greek Parliament is voting today on a regulation for borrowers under the Katseli Law, which will change the method of calculating interest rates. Minister of National Economy Kyriakos Pierrakakis stated that 100,000 borrowers will see a rapid reduction in their loan installments.

Prime Minister Kyriakos Mitsotakis met with President Kostas Tasoulas, stating that they exceeded expectations regarding the Katseli law. Mitsotakis emphasized sending a message of security to all consistent borrowers.

Greece’s Ministry of National Economy and Finance is finalizing a legislative amendment to slash monthly repayments and shorten loan terms for thousands of distressed borrowers protected under the nation's "Katseli Law" debt framework. The upcoming legislation uniformly applies a recent Supreme Court ruling, bypassing the need for borrowers to secure individual court orders.  The new framework corrects a systemic error where interest was erroneously calculated on a loan's full outstanding cap...

New legislative regulations are being introduced to address loans under the Katseli Law, impacting over 100,000 citizens. The measure aims to provide solutions for a significant number of borrowers.

PASOK and Milena Apostolaki characterize the Pierrakakis decision regarding borrowers under the Katseli law as compliance with a binding court decision.

A new legislative intervention by the Greek Ministry of National Economy and Finance is providing relief to thousands of consistent borrowers under the Katseli Law, leading to smaller monthly installments and lower overall costs.

This article provides a comprehensive FAQ addressing common questions from borrowers regarding the recent overhaul of the US student loan system. It covers various aspects of the changes and their implications for students.

Mortgage and refinance rates for Monday, June 22, 2026, show that the spread between purchase and refinance rates has grown, impacting borrowers.

Servicers in Greece are advising borrowers of Katseli Law loans to continue paying the capital portion of their monthly installments while awaiting clarification on a Supreme Court decision.

Korean banks are increasing debt relief for troubled borrowers as Seoul promotes inclusive finance, leading to questions about their role in social policy objectives.

Interest rates on new student loans are set to increase starting July 1, adding to the financial burden for borrowers already facing rising college costs and inflation.

SYRIZA-PS President Sokratis Famellos has repeatedly emphasized that it is everyone's responsibility to defend the clear decision of the Supreme Court regarding the Katselis law and borrowers. He stressed that the immediate and universal application of this decision is an obligation of the state.

Parent PLUS loan borrowers risk changes to their forgiveness and repayment options after July 1.

The president of SYRIZA-PS is scheduled to meet with the Panhellenic Association of Katseli Law Borrowers at 11:00 AM on Thursday.

Credit markets are exhibiting a paradox where the largest borrowers are also identified as the strongest credits, with no signs of stress despite significant issuance, driven by investor interest in AI.

Greek Minister of National Economy and Finance, Kyriakos Pierrakakis, announced an extension of the Swiss franc regulation until September 30 to give borrowers more time. He also discussed the establishment of a Real Estate Re-leasing Body in the autumn and commented on the feasibility of achieving a single-party majority in elections.

An urgent question was submitted to the Minister of National Economy and Finance, Haris Mamoulakis, demanding clear answers and the immediate implementation of the Supreme Court's decision in favor of borrowers under the Katseli law.

An increasing number of borrowers in Kenya are resorting to using personal assets such as vehicles, electronics, and machinery to secure bank loans amidst tightening credit conditions.

The U.S. Department of Education's new student loan repayment plan could result in higher monthly bills for many borrowers, though tax planning strategies may help reduce payments.

Investment funds and their servicers managing loans are now directly responsible for recalculating interest rates for borrowers, who are awaiting these adjustments.

The Pag-IBIG Fund is offering a one-month payment moratorium and reminding borrowers of their housing loan insurance coverage to help members recover from the devastation caused by the recent magnitude 7.8 earthquake in Mindanao.

Totalkredit has announced a reduction in the price of several mortgage loans, including those with interest-only periods. This move aims to make real estate financing more affordable for borrowers.

Shinhan Financial Group announced plans to write off 500 billion won ($328 million) in delinquent debt this year. The group will also provide 4.5 trillion won in financing for vulnerable borrowers and small businesses as part of a 5 trillion won social finance initiative.

Legal advisors for borrowers and banks are in disagreement over how to apply the Supreme Court's decision regarding loans under the Katseli Law, leading to a tug-of-war between the two sides.

Former President Trump is reportedly facing renewed pressure to cancel student debt for eligible borrowers and halt the transfer of accounts to the Treasury Department.

Americans collectively owe $1.25 trillion on credit cards, with interest rates topping 23%, and experts suggest a specific call has helped over 80% of borrowers secure lower rates.

Millions of student-loan borrowers are at risk of encountering debt collectors previously penalized for 'misleading' behavior, as the Education and Treasury Departments partner with private companies to collect on defaulted loans.

Friday’s strong jobs report could soon feel like a double-edged sword for borrowers struggling to keep up with inflation and their bills.

Hungary's Otthon Start Program has led to a significant increase in indebtedness and housing loans, as borrowers took advantage of the program's benefits.

A historic settlement has resulted in the complete wiping out of student loan debt for 170,000 borrowers, hailed as a significant accomplishment.

Student-loan borrowers are experiencing payment errors and customer service delays, with a new federal report from the GAO suggesting that better coordination between servicers and the Department of Education could offer a solution.

Banks are showing interest in providing loans to defense companies, but many potential borrowers struggle to meet qualification criteria due to a lack of established track records.

Some student-loan borrowers erroneously received notices from their servicers indicating their accounts were past due, with correction emails expected to be sent out.

Goldman Sachs' chief credit strategist, Amanda Lynam, has warned of credit market pressure characterized by dispersion rather than widespread disruption, highlighting maturity risks for software borrowers.

President Milei stated that record household debt delinquency is a matter between banks and borrowers, questioning if anyone forced them to sign loans, in response to 13% of households being in debt, many for daily expenses.

Approximately 450,000 borrowers who claim they were defrauded by their colleges are set to have their federal student loans erased, following a class-action lawsuit that has been entangled in courts for years.

The default rate for US private debt borrowers tracked by Fitch Ratings surged to a record high in the second quarter, according to a report released by the agency on Thursday.

The Federal Reserve has held interest rates steady at 3.50%-3.75% for five consecutive meetings under Kevin Warsh, signaling that borrowers should not anticipate immediate relief from current rates.

Approximately 6,000 student-loan borrowers are being instructed to reapply for income-driven repayment plans after a glitch caused them to receive incorrect monthly payment amounts.

The Croatian National Bank (HNB) has issued a warning, noting that banks are increasingly offering housing loans with variable or combined interest rates, urging caution among borrowers.

The increasing demand from artificial intelligence companies for funding is pushing a specialized credit market to its operational limits.

A court has ruled that the U.S. Education Department must cancel student loan debt for 500,000 borrowers as part of a settlement agreement.

HELOC and home equity loan rates are showing movement on Wednesday, July 22, 2026, indicating shifts in the market for these types of loans. Borrowers should monitor these changes for potential impacts on their financing options.

Recent changes to the Public Service Loan Forgiveness program require borrowers to verify their repayment plan and loan type to ensure continued eligibility for relief.

New figures show a sharp drop in price inflation in Norway during June, which is positive for borrowers, though economists caution that it is too early to rule out further interest rate increases.

A specific category of student loans has been excluded from affordable payment plans and loan forgiveness programs, impacting borrowers previously eligible for these benefits.

Federal student loan borrowers on the new Repayment Assistance Plan (RAP) can lose key benefits if their payments are even one day late, emphasizing the strict on-time payment requirement.

A financial group is cautioning student loan borrowers against switching to a new repayment plan, advising them to carefully consider the implications before making a change.

Student loan borrowers may be granted up to 12 months to transfer their loans to different repayment plans, offering flexibility in managing their debt.

The Mitsotakis government is accused of making false claims about 'universality' and introducing arbitrary and illegal exclusions regarding injustices faced by loan borrowers, instead of addressing the issues.

Bankers predict that the Asia loan market will continue to be weak as ongoing conflicts undermine confidence among investors and borrowers.

Significant changes to student loan policies have been announced, introducing new borrowing caps, a deadline for the SAVE plan, and a 1% auto-pay discount for borrowers.

The Biden White House's ambitious expectations for its student loan forgiveness efforts have unintentionally worsened the financial situation for many borrowers.

A private bond market, established over a century ago, is experiencing a resurgence as it becomes a new avenue for the trillion-dollar AI funding boom, allowing tech borrowers to sell debt directly to insurance firms.

Significant changes to student loan policies are set to take effect in July, marking the most substantial overhaul in decades. Borrowers are advised to understand the new regulations and their implications.

New details have emerged regarding the timeline for student loan borrowers to transition to updated repayment plans. The information provides clarity on when these changes will take effect.

The Lahore Chamber of Commerce & Industry (LCCI) is calling for greater institutional backing for Micro, Small, and Medium Enterprises (MSMEs) in Pakistan, advocating for easier access to finance and consistent policies as the number of SME borrowers grows.

Changes to monthly payments and interest rates for non-performing loans have immediately taken effect in Greece, impacting borrowers whose loans are under active repayment plans through the country's Katseli Law.

An amended lawsuit argues that student loans must be forgiven and borrowers cannot be removed from the SAVE plan, challenging current student loan policies.

The Greek Parliament's plenary session approved a multi-bill from the Ministry of National Economy and Finance, which includes an amendment to the Katseli Law concerning performing loan borrowers.

The Coordinating Committee of Lawyers is calling on the Ministry of National Economy and Finance to improve an amendment concerning borrowers under the Katseli Law, which regulates the calculation of monthly installments following a Supreme Court decision.

Tensions rose in the Greek Parliament during a debate between PASOK President Nikos Androulakis and Minister of National Economy Kyriakos Pierrakakis. The confrontation centered on proposed amendments to the Katselis law concerning debt relief for borrowers, particularly those excluded from current regulations.

A new inspector general report revealed the extent of staffing reductions at the Department of Education, indicating a key reason why student-loan borrowers are struggling with repayment.

A new legislative regulation of the Katselis law has been passed in the Greek Parliament, bringing significant changes that will benefit over 100,000 eligible borrowers by substantially reducing monthly loan installments.

A new report identifies the five best credit unions for auto loans in July 2026, highlighting their competitive interest rates and flexible terms for borrowers, including those with poor credit.

Former Greek Prime Minister Antonis Samaras made a sharp statement regarding the regulation for borrowers with active arrangements under the Katseli law, asserting that the restoration of legality cannot be selective.

Dimitris Markopoulos announced that a new legislative provision will lead to significant automatic reductions in loan installments for thousands of borrowers who have been included in the Katselis law.

A new legislative regulation for the Katseli Law has been introduced by the Ministry of Finance, providing relief to thousands of debtors through smaller installments and faster repayment options. This aims to ease the burden on borrowers and accelerate debt resolution.

Student loan borrowers may qualify for a 1% interest rate discount, with details provided on how to ensure eligibility for the reduction.

A Greek article questions why Supreme Court decisions are subject to 'consultation' with the Ministry of Finance, particularly when they favor borrowers, contrasting it with swift implementation when banks are favored.

A recent judicial decision in Greece has been hailed as a landmark for borrowers, with its handling expected to indicate whether the political system will align with legality or resort to methods that undermine the Constitution.

Major South Korean banks reported a significant increase in household loans during the second quarter, primarily due to borrowers seeking credit for stock investments and home purchases.

Pierrakakis and Stournaras are urged to represent citizens and the rule of law, rather than banks, funds, and servicers, regarding the decision concerning borrowers under the Katseli law.

Foreign governments, Wall Street banks, and multinational companies are increasingly turning to China's panda bond market to access cheap money.

The Education Department is promoting a new student loan repayment plan, urging borrowers to review the fine print to understand its terms and conditions.

Millions of student loan borrowers on the SAVE plan need to act soon as major changes are set to take effect on July 1. Advocates report widespread glitches and misinformation affecting borrowers.

The deadline for the Swiss franc loan settlement has been extended until September 30, with 14,000 borrowers already applying for debt "haircuts" of up to 50%, as the Asset Re-lease Agency is expected to be fully operational by autumn.

A report indicates that a particular Indian state, not Maharashtra or Gujarat, has the highest number of small loan borrowers, while overall repayment rates have improved across various lender categories.

An exit rush has begun for student loan borrowers enrolled in the SAVE Plan, but millions of eligible individuals have not yet taken action. This indicates a significant portion of borrowers may still need to navigate their options regarding the student loan program.

Homeowners can potentially save up to €90,800 by converting to 'Step Up' mortgage loans, with some conversions offering up to a 40% benefit. This initiative aims to provide significant financial relief to borrowers.

The Union of Employees of Credit Institutions (EEEKE) is urging borrowers to submit written requests for the recalculation of loan installments to funds, following a recent Supreme Court plenary decision on how interest is calculated for loans under Law 3869/2010 (Katseli Law).

Estonian lawmakers in the Riigikogu have approved legislation to establish a nationwide credit register. This new system aims to provide lenders with a clearer view of borrowers' existing loans.

Investment management firm Pimco has issued a warning, predicting an upcoming wave of defaults among borrowers with low credit quality.

A proposed bank tax in Iceland could significantly impact consumers, potentially burdening low-income borrowers and first-time homebuyers in the real estate market.

Monzo and Fair4All Finance have launched a pilot program for the Flex Build card, designed to assist borrowers who are typically excluded from mainstream financial services.

China has experienced a record issuance of panda bonds in the first five months of the year, with foreign governments, international banks, and multinational companies increasingly accessing its domestic bond market.

As of Sunday, June 7, 2026, mortgage and refinance interest rates are showing a trend of rising fixed rates while adjustable rates are falling, impacting borrowers' options.

The Greek Supreme Court has issued a decision regarding the retroactivity of Katseli Law loans, affecting how borrowers will repay interest and requiring banks to return certain amounts. The author of the law commented on the ruling.

Concerns are rising that the Federal Reserve might have delayed interest rate hikes for too long, potentially leading to negative consequences for certain borrowers.

Interest calculation for loans under Greece's Katseli Law (Law 3869/2010) will now be based on monthly installments rather than the total capital, leading to reduced payments for 200,000 borrowers.

Thousands of indebted borrowers in Greece will have the opportunity to save their primary residence by liquidating other assets to cover their debts through an out-of-court mechanism.