The chief executive of the Student Loans Company, who attracted controversy over his tax arrangements, is to stand down when his contract expires early next year.

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Student Loans boss to stand down

During a recent online discussion, lots of people had questions about student loan debt. Here are my answers to a couple I didn’t get a chance to address. One person wanted to know whether when carrying student loan debt — in this case at 7 percent — you should dip into your savings to pay it off. The reader wrote: “The debt would be paid off in a year at my current payment rate. Since the interest rate is so high, I’d like to raid my savings to just be rid of it. My job is stable, so otherwise I’d keep my savings just in case I had a car repair, a needed new roof, etc. What do you think?” Read full article > >

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Student loans require homework

During a recent online discussion, lots of people had questions about student loan debt. Here are my answers to a couple I didn’t get a chance to address. One person wanted to know whether when carrying student loan debt — in this case at 7 percent — you should dip into your savings to pay it off. The reader wrote: “The debt would be paid off in a year at my current payment rate. Since the interest rate is so high, I’d like to raid my savings to just be rid of it. My job is stable, so otherwise I’d keep my savings just in case I had a car repair, a needed new roof, etc. What do you think?” Read full article > >

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Student loans require homework

The left-wing leader Alexis Tsipras, who pledges to repudiate Greece’s austerity-for-loans bailout deal, says the country’s problem is a European one, necessitating a European solution.

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Alexis Tsipras, Greek Political Star, Puts Europe on Edge

The Spanish government has announced that the level of bad loans held by the country’s banks is at an 18-year high.

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VIDEO: Tension over Spanish bank debts

The Spanish government is to force its banks to take on an extra 30bn euros of capital to cushion themselves against loans going bad.

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Extra capital for Spanish banks

RBS confirms it is to repay £163bn of emergency loans, reports a three month loss of £1.4bn and sets aside another £125m for PPI compensation.

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RBS confirms state loan repayment

Will discuss student loans at UNC.

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Obama, Fallon to Hit Chapel Hill

Chancellor George Osborne is under pressure from the International Monetary Fund (IMF) to provide more loans to help economies in trouble.

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Osborne under IMF loan pressure

Offering loans to risky borrowers.

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Lenders Get Back Into Subprime Credit

China’s economic might has rolled up to America’s doorstep, with loans from state banks, investments by companies and outright gifts from the government.

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U.S. Alert as China’s Cash Buys Inroads in Caribbean

A little-noticed mortgage rule change that took effect April 1 could create hassles for significant numbers of homebuyers who plan to use low-down-payment FHA financing this spring. The change affects anyone with one or more “collection” accounts buried away in national credit bureau files. These include medical, student loan, retail and other debts reported — correctly or incorrectly — as unpaid by creditors and subsequently sent to collection agencies. Read full article > >

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New mortgage rule on disputed debts might hamper homebuyers seeking FHA loans

The European Central Bank provides a further 530bn euros ($713bn; £448bn) of low interest loans to 800 banks.

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ECB provides 530bn euros of loans

The European Central Bank said 800 banks snapped up 530 billion euros, or $713 billion, in new three-year loans, more than the last round, easing fears of a credit crunch.

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European Banks Flock to Second Round of Cheap Loans

Analysts are watching with interest this week’s reoffering of three-year loans at a rock-bottom interest rate.

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For Europe, Bank Loans, Round 2