Tag Archives: loan

US Student Loan Service Provider Withdraws

A second company servicing student debt has asked the United States federal government to be released from its contract. Navient, based in Wilmington, Delaware, last month announced it had signed an agreement to transfer student debt services to the company Maximus. The deal must be approved by the US Department …

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LBH Jakarta Plans to Sue the President for Online Loan Practices

JAKARTA – Weak regulations regarding lending practices online (pinjol) that applies in Indonesia plus the lack of knowledge of digital financial literacy in the community has caused many victims to fall as a result of this practice. Seeing this alarming situation, the Jakarta Legal Aid Institute (LBH) encourages the central …

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Jokowi Temporarily Stops New Loan Permits

JAKARTA (Mouab) — President Joko Widodo ordered the Financial Services Authority (OJK) and the Ministry of Communications and Information Technology (Kominfo) to temporarily suspend (moratorium) the issuance of permits for loan companies. online (pinjol) the new legal. The Minister of Communication and Information, Johhny G. Plate, said that this decision …

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Without an increase in the loan limit, the interest rate will go up

U.S. Treasury Secretary Janet Yellen on Tuesday delivered an urgent call for Congress to raise the government’s borrowing limit, a day after Senate Republicans refused to consider a bill that would do so. Failure to raise the debt ceiling is likely to boost interest rates, increasing the government’s interest payments …

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