When a borrower defaults on a student loan, the government has the power to deduct from their Social Security checks and tax refunds to repay the debt. The government can also garnish borrowers' wages ...

If you've applied for a mortgage and been turned down, you might want to look for a lender whose requirements are more flexible. Portfolio lenders have more leeway to set their own ...

Oxford Lane Capital's 24.16% yield may allure, but high leverage and recession risks make it a strong sell. Read here for an ...

Over my forty years or so in and around dealing rooms and financial markets, I have heard many theories as to how to approach that problem and have settled on a process that has worked for me ...

There are several ways for homeowners to tap into the equity they’ve built in their properties. One option is a home equity ...

Both one-year and six-month U.S. credit default swaps--which act as insurance against a default--jumped seven basis points to 58 basis points, the highest reading since May 2023, S&P Global Market ...

Risk scores are calculated by multiplying Probability × Severity, with results interpreted as follows (see Table 3): Green (1-5): Acceptable risk (maintain controls). Yellow (6-12): Moderate risk ...

Finding a special soulmate and tying the knot is, of course, cause for celebration, but new research highlights a surprising potential downside of getting married: it may significantly increase your ...

In finance there is a truism: risk can be shifted between holders, but it can’t be destroyed by doing so. Low rates and QE after 2008 and the monetisation of COVID-19 created a favourable ...

Vanguard has a collection of bond ETFs across different maturity periods. The longer the maturity, the higher the yield. Investors need to balance the extra yield against the risk of longer-term ...

Calculate the amount of National Insurance you can expect to pay in the 2024-25, 2023-24, 2022-23 and 2021-22 tax years. Matthew JenkinSenior writer Anyone who earns income in the UK may need to pay ...