Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up to 85% of their home’s value and pay that amount back in monthly installments.

Starting next summer, graduate borrowers can only take out direct loans that have a lower borrowing cap. These are the new limits for graduate school borrowing: For graduate students: up to $20,500 per year; $100,000 total. For professional and medical students: up to $50,000 per year; $200,000 total.

At the end of next week, nearly 7.7 million student loan borrowers who have been in a zero-interest forbearance under the Saving for a Valuable Education repayment plan will see their balances grow monthly again.

About $61 billion of US leveraged loans hit the market Monday, the second-most ever according to data compiled by Bloomberg, as junk-rated borrowers continue rushing to lower borrowing costs by repricing existing loans.

The Trump administration has canceled a $4.9 billion federal loan guarantee for a new, 800-mile high-voltage transmission line for delivering solar and wind-generated electricity from the Midwest to the eastern U.

Twenty-eight-year-old Michaela Bonner has been working 12-hour shifts as an emergency medical technician in Norfolk, Virginia, for the past four years, while attending and paying for college to finish her prerequisites for medical school.

Augsburg left back David Colina’s loan to NK Osijek in his native Croatia has been officially confirmed. Colina’s Bundesliga parent club has confirmed the existence of a purchase option in the

The United States announced on Friday that the government has approved a $4 billion loan guarantee to Poland for the purchase of American military equipment. The Foreign Military Financing loan brings the total amount of loan support for Poland,