Washington — The U.S. Department of Education has canceled plans to conduct an auction for PLUS loans for parents of students after few lenders expressed interest in participating. In a letter sent to ...

Washington — The U.S. Education Department is proceeding with plans to use an auction to set student-loan subsidies for PLUS loans, ignoring pleas from financial-aid offices to postpone it. In a ...

Gold Loan Default: When Can a Bank Auction Your Pledged Gold? Gold loans are one of the fastest ways to arrange funds during financial emergencies. Many people prefer them over personal loans because ...

The Federal Reserve Board said Tuesday that it had received 73 bids requesting a total of $95.914 billion in its latest term-loan auction. This was a big jump from the $84.438 billion bid for by 75 ...

Bridge Loan or gap loan are short term loan where credit fund is available immediately for a short-term period for materializing any financial dream and is paid off on receiving of the larger loan ...

Interest in the Federal Reserve Board's third term-loan auction declined as 56 bidders vied for $30 billion of funds compared with 73 bidders for the $20 billion auctioned off in the previous auction ...

High Court has ruled that banks may pursue loan guarantors where attempts to auction charged properties have failed, a decision that potentially widens lenders’ recovery options.In the judgment, the ...