NEW YORK (AP) — Millions of student borrowers could begin having their wages garnished as soon as this summer, according to estimates from credit bureau TransUnion. The company predicts that by August ...

The Secretary announces the annual updates to the ICR plan formula for 2025 to give notice to borrowers and the public regarding how monthly ICR payment amounts will be calculated for the 2025-2026 ...

PGIM announced the final close of PGIM Senior Loan Opportunities II, L.P. (“PSLO II”), the second commingled private credit fund available to unaffiliated investors in its middle market direct lending ...

Through its direct lending platform, ZCG Arabia will offer a suite of flexible financing options, including secured term loans, revolving credit facilities, and mezzanine loans. Mr.

Student loan borrowers who default on their loans could see 15% of their paychecks docked by the federal government soon.

Until past due payments are paid or the loan's default status is resolved, borrowers are at risk of having up to 15% of their wages deducted directly from their paychecks.

The company TransUnion predicts that by August, roughly 3 million borrowers could move into default, meaning they're 270 days past due on payments.

What to know if you're at risk of having your wages garnished over student loan debt Millions of student borrowers could begin having their wages garnished as soon as this summer ...

Life insurer Prudential Financial’s PGIM investment management arm has raised $4.2 billion for its latest middle-market direct-lending fund, underscoring a trend of investor capital flowing to ...

Ares Management Corporation announced that funds managed by its Credit Group (collectively "Ares") closed approximately $8.8 billion in U.S. direct lending commitments across 70 transactions during ...