Repayment news and trends

US Lawmakers Want Cheaper Chapter 11 For SMBs
B2B Payments // December 03, 2018

According to The Wall Street Journal (WSJ) on Friday (Nov. 30), two U.S. lawmakers proposed a bill to make filing for bankruptcy easier, faster and more affordable for small businesses (SMBs) with $2.5 million or less in debt. Get the Full Story Complete the form to unlock...

CFPB Claims Few Student Loan Borrowers Use Affordable Repayment Options
Loans // May 17, 2017

With 44 million Americans currently in student loan debt, equaling just over $1.4 trillion, paying all of that back can seem like a daunting and never-ending feat to accomplish. The U.S. Department of Education says nearly eight million borrowers haven’t made payments in 12 months,...

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Startup Pillar Aims To Help Students Pay Down Debt

May 30, 2019
A new startup named Pillar, which aims to help students pay down loan debt, recently received $5.5 million in seed money from Kleiner Perkins, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to […]

CFPB Claims Few Student Loan Borrowers Use Affordable Repayment Options

May 17, 2017
With 44 million Americans currently in student loan debt, equaling just over $1.4 trillion, paying all of that back can seem like a daunting and never-ending feat to accomplish. The...