Home Equity Loan vs. HELOC: An Overview Home equity loans and home equity lines of credit (HELOCs) are loans that are secured by a borrower’s home. A borrower can take out an equity loan or credit lin...
Tag: loan
Follow These Steps to Get Your Student Loan Forgiveness
(Bloomberg) — The Biden administration’s announcement that qualifying borrowers can receive up to $20,000 in forgiveness on federally held student loans first elicited cheers from many of ...
I already paid off my student loans! Am I eligible for a refund and loan forgiveness? Yes, up to $20K — but only under these two specific conditions
I already paid off my student loans! Am I eligible for a refund and loan forgiveness? Yes, up to $20K — but only under these two specific conditions If federal student loans hang over your head, you’l...
BofA upgrades SoFi citing student loan payments, NFL partnerships
Analysts at Bank of America have turned bullish on shares of SoFi (SOFI). The bank on Wednesday upgraded shares of the company to Buy from Neutral, boosting their price target to $9 per share from $8 ...
Student Loan Forgiveness May Hit You With a Heavy Tax Bill
Depending on where they live, student borrowers may soon face an unexpected tax burden. In August, the Biden Administration made news by announcing that it would forgive up to $10,000 in student debt ...
When can I apply for student loan cancellation? How much will I get? Here are answers to some of the big questions.
President Biden’s highly anticipated federal student loan cancellation announcement last month created as many questions as it answered, prompting at least one major loan servicer’s website to crash a...
Avalanche Flash Loan Exploit Sees $371K Stolen
The scammer deployed a custom smart contract The scammer leveraged a $51 million flash loan to manipulate the AVAX/USDC Joe LP pool price AVAX Price at the time of writing – $18.79 Avalanche-based lo...
DeFi protocol token NFD crashes by 99% after a flash loan attack
New Free DAO, a decentralized finance (DeFi) protocol, faced a series of flash loan attacks on Thursday, resulting in a reported loss of $1.25 million. The price of the native token has dropped by 99%...
New Free DAO crashes 99% after $1.25M flash loan attack
A flash loan attack launched against New Free DAO (NFD) has drained $1.25 million from the protocol and caused its token price to crash by 99%. Blockchain security firm Certik raised an alarm about th...
You may owe taxes for federal student loan forgiveness in these states
Marko Geber | DigitalVision | Getty Images If you’re one of the millions of Americans expecting student loan forgiveness, you won’t owe federal taxes. But that doesn’t mean you’...
DeFi Protocol New Free DAO Losses $1.2M in Flash Loan Hack
Another day, another DeFi hack. This time, the decentralized finance (DeFi) protocol New Free DAO is the victim of a flash loan attack, losing more than a million dollars worth of assets to the hacker...
Avalanche-Based Protocol Loses $371K In Flash Loan Attack
A flash loan exploit targeted Nereus Finance, an Avalanche-based lending protocol, resulting in losses amounting to over $300K. Avalanche Flash Loan Exploit USD Coin (USDC) worth $371,000 was siphoned...
1.25mn USD Flash Loan Attack on New Free Dao; NFD loses 99% of Value
An insignificant DAO project named New Free DAO is reported witnessing an exploitation recently. Prominent blockchain security company, PeckShield, informed about the attack. On September 8th, 2022, ...
$370k USDC Flash Loan Attack Landed On Avalanche
Data from blockchain cybersecurity firm CertiK indicates that $370,000 in flash loan attacks exploited the Avalanche blockchain earlier this week. Decentralized finance (DeFi) has been a lucrative tar...
Hacker Steals $370K Via Avalanche Flash Loan Arbitrage Attack
Defi News According to CertiK, there were three potential protocols affected. CertiK’s on-chain security software, Skynet, detected assault at 7:26 pm UTC on Tuesday. On Tuesday night, a flash loan at...
Avalanche DeFi Staking Platform Suffers Flash Loan Attack
Avalanche-based DeFi staking platform – Nereus Finance – suffered a flash loan arbitrage attack. Decentralized exchange (DEX) Trader Joe and DeFi platform Curve Finance are also believed to have been ...
Will Student Loan Forgiveness Help The Economy? Now Or Later?
Assessing the economic impact of student loan forgiveness. Getty Images Key Takeaways Student loan forgiveness does nothing to make inflation spike at this moment. People already had those payments on...
Avalanche Flash Loan Attack Nets $370K
The flash loan is said to have generated hundreds of thousands of dollars worth of USDC for the attacker DEX Trader Joe, staking platform Nereus Finance and AMM Curve Finance are believed to have been...
How To Invest $10,000 After Student Loan Forgiveness
Erasing “debt.” Getty Images You’ve likely heard about the student loan forgiveness announcement from President Biden. Key Takeaways This could be the perfect opportunity to start investin...
Indian agency searches fintech Paytm, Razorpay and Cashfree offices in Chinese loan apps probe
India’s financial crime fighting agency searched the offices of fintech unicorns Paytm and Razorpay as well as Cashfree on Friday as part of an ongoing investigation into fraudulent Chinese loan...
Celsius is looking for $70M from loan reimbursement
Celsius expects to get a $70 M loan reimbursement. The loans are anticipated to be repaid by October 7. Celsius, a bankrupt crypto lending company, is looking for $70 million from loan reimbursement t...
Celsius expects to receive $70M loan repayment to fund operations beyond November
Crypto lender Celsius expects $70 million from loan repayments that will extend its runway cost beyond November. The cash flow forecast submitted by Celsius during the bankruptcy hearing on Sept. 1 di...
Here’s Why Biden Student Loan Cancelation Is “Profoundly Wrong And Harmful”
This segment of What’s Ahead walks us through how damaging President Biden’s cancelation of student loans will be for the economy, higher education and, indeed, the social fabric of our society. Biden...
These states may tax federal student loan forgiveness
dmphoto | E+ | Getty Images There’s good news if you’re eligible for student loan forgiveness: It won’t trigger a federal tax bill. And while some may still owe state taxes, it may b...
6 states could potentially charge borrowers income tax on their forgiven student loan debt
Most borrowers eligible for President Joe Biden’s student loan forgiveness plan will receive the relief tax-free. But residents of a handful of states may be on the hook to pay state income tax on the...
White House Topped Twitter By Trolling GOP On Loan Forgiveness
Topline The White House scored the most popular tweet of the week with a snarky thread clapping back at congressional Republicans who criticized President Joe Biden’s student loan forgiveness pl...
Student loan relief plan is well-intentioned but full of problems
Sheila Bair is former FDIC chair and senior fellow, Center for Financial Stability. President Biden has finally made a decision about student debt cancellation, going significantly beyond the $10,000 ...
Loan Move Could Provide Huge Upside For Bayer Leverkusen
Callum Hudson-Odoi is on the verge of joining Bundesliga side Bayer Leverkusen from Chelsea on loan … [+] (Photo by Darren Walsh/Chelsea FC via Getty Images) Chelsea FC via Getty Images Callum H...
‘Consequences for taxpayers’: Here’s how much President Biden’s student loan forgiveness plan could cost you. (Hint: It’s in the thousands.)
‘Consequences for taxpayers’: Here’s how much President Biden’s student loan forgiveness plan could cost you. (Hint: It’s in the thousands.) President Joe Biden has some good news if you are und...
Scammers leverage student loan forgiveness, FTC says. Here’s how to protect yourself
President Biden this week announced a long-awaited plan to forgive student debt for millions of borrowers — and criminals will likely leverage the news to steal from unsuspecting victims, the Federal ...