Just as the application deadline was set to expire on the Paycheck Protection Program (PPP) at midnight Tuesday (June 30), the U.S. Senate extended the popular measure for five more weeks, The New York Times reported. Get the Full Story Complete the form to unlock...
It’s a little harder for U.S. consumers to get credit as lenders retreat during the coronavirus crisis, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The deadline for applying for Paycheck Protection Program loans is coming next Tuesday (June 30) after the PPP’s long and eventful run, which started in early April. With less than seven days to go before the deadline, there’s still reportedly more than $100 billion left...
After a week of bad news, the embattled Wirecard AG caught a break from lenders that provided 1.75 billion euros ($2 billion) in credit to the German payment services company, sources told Bloomberg News. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The latest Forbearance and Call Volume Survey by the Mortgage Bankers Association (MBA) has seen a decrease in the number of loans up for forbearance, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
After using their Paycheck Protection Program (PPP) loans, 14 percent of borrowers foresee needing to lay off staffers, per a survey from the NFIB Research Center. Half of those expect to lay off one or two workers, according to a Tuesday (June 23) announcement of the survey results....
In a 180-degree turn, the Trump administration now says it will release the names of Paycheck Protection Program (PPP) recipients and the amount of taxpayer-funded loans they received from the $660 billion in aid for small businesses. Get the Full Story Complete the form to...
More help for certain small business owners could be on the way if Congress approves another round of Paycheck Protection Program (PPP) loans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
There are now more than 100 million skipped payments on student loans, auto loans and other kinds of debt, according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
