Ant Group Co. cut borrowing limits for some users of its popular digital credit-card service, a sign the financial-technology giant is dialing back risk in its lending business following pressure from Chinese regulators. The Hangzhou-based company on Wednesday said Huabei, one of its consumer-lending platforms, is lowering credit limits for […]
Borrowers
Will Student Loan Borrowers Be Able to Resume Payments?
By Anna Helhoski When the deadly Covid-19 pandemic began taking a toll on the economy and Americans’ finances earlier this year, monthly payments were suspended automatically for more than 42 million federal student loan borrowers. Now, with payments scheduled to resume in January, nearly half of those with federal debt […]