What Happens If You Default on a Student Loan?

The Bank of South Carolina has announced an increase in its quarterly dividend for the second consecutive quarter, reflecting its strong financial performance and commitment to returning value to shareholders. This move is significant as it not only boosts investor confidence but also highlights the bank's stability in a competitive market, making it an attractive option for potential investors.

Sibo Holding has announced its intention to file for an initial public offering (IPO) of 1.5 million shares priced at $4 each. This move is significant as it opens up new opportunities for investors and marks a pivotal moment for the company as it seeks to expand its presence in the stock market. The IPO could attract interest from various investors looking to capitalize on potential growth, making it a noteworthy event in the finance sector.

Thomas L’Quentus has sold shares of Diamond Hill (DHIL) for a total of $35,275. This transaction highlights ongoing activities in the finance sector, particularly in stock trading, and reflects the dynamic nature of market investments.

Citi's recent decision to sell its stake in Banamex marks a significant step in its ongoing efforts to simplify its operations and focus on core businesses. This move is seen as a positive development for investors, as it could lead to improved financial performance and a more streamlined corporate structure. By divesting from non-core assets, Citi aims to enhance shareholder value and strengthen its position in the competitive banking landscape.

CleanSpark has successfully secured a $100 million bitcoin-backed credit facility with Two Prime, marking a significant step in the company's financial strategy. This funding will enable CleanSpark to enhance its operations and expand its capabilities in the rapidly evolving cryptocurrency market. The partnership with Two Prime not only strengthens CleanSpark's financial position but also highlights the growing acceptance of bitcoin as a viable asset for securing loans, which could pave the way for more companies to explore similar financing options.

Deciding whether a car lease is the right choice for your business can be a game-changer. Leasing offers flexibility and often lower monthly payments compared to buying, which can help manage cash flow effectively. It's essential to weigh the pros and cons, considering factors like mileage limits and maintenance responsibilities. Understanding these aspects can lead to smarter financial decisions for your business, making it crucial to explore leasing options.

Bloomberg's latest video brief for September 25, 2025, provides an overview of current financial news and market trends. This brief is significant as it helps investors and analysts stay informed about the latest developments that could impact their decisions in the fast-paced world of finance.

Buying a car with bad credit can be challenging, but it's not impossible. This article provides practical tips and strategies for individuals in the United States looking to navigate the car buying process despite credit issues. Understanding financing options, improving credit scores, and knowing what to expect can empower buyers to make informed decisions. This matters because it opens up opportunities for many who might feel excluded from the car market due to their credit history.

Ebury, a prominent payments firm, is set to revive its plans for a £2 billion float in London next year. This move is significant as it reflects the company's confidence in the market and its growth potential. A successful float could provide Ebury with the capital needed to expand its services and enhance its competitive edge in the financial technology sector.

South32 has announced the currency exchange rates for its final dividend for 2025. This information is crucial for investors as it helps them understand the potential returns on their investments in different currencies. Knowing the exchange rates allows shareholders to make informed decisions regarding their dividends and overall financial strategy.

Circle, a prominent stablecoin issuer, is exploring the concept of 'reversible' transactions, suggesting that the cryptocurrency sector could benefit from adopting practices from traditional finance. This move aims to enhance consumer protection by allowing refunds in cases of fraud or disputes, which could foster greater trust and adoption of digital currencies. As the crypto landscape evolves, such innovations could play a crucial role in bridging the gap between traditional and digital finance.

Hong Kong is taking significant steps to enhance the use of offshore yuan bonds as collateral and is also focused on creating a market-based yield curve for these debts. This initiative is crucial as it not only strengthens Hong Kong's position in the global financial landscape but also plays a vital role in opening up China's capital markets, making it easier for international investors to engage with Chinese assets.

In a significant legal development, Google and Flo Health have agreed to pay $56 million to settle a lawsuit concerning privacy violations related to their period-tracking app. This case highlights the ongoing concerns about data privacy and the handling of sensitive health information by tech companies. The settlement not only compensates affected users but also serves as a reminder for all app developers to prioritize user privacy and transparency in their data practices.

Meta is facing charges from the European Union for allegedly failing to adequately monitor and remove illegal posts on its platform. This situation highlights the ongoing challenges social media companies face in balancing user freedom with regulatory compliance. The outcome of this case could set significant precedents for how tech giants operate in Europe and may lead to stricter regulations in the future.

Former Federal Reserve leaders from various political backgrounds are urging the Supreme Court to reject Donald Trump's attempt to remove Fed official Cook. They argue that this move could threaten the independence of the central bank, which is crucial for maintaining economic stability. This situation highlights the ongoing tensions between political influence and the autonomy of financial institutions, raising concerns about the future of monetary policy.

In a recent announcement, Trump stated that the U.S. government will provide aid to farmers until the benefits of tariffs take effect. This move is significant as it aims to support farmers facing challenges due to trade policies, ensuring they remain financially stable during a transitional period. By offering this assistance, the administration hopes to alleviate some of the economic pressures on the agricultural sector, which is vital for the country's economy.

Schlage has announced the expansion of its commercial portfolio with the introduction of new performance series locks. This move is significant as it enhances security options for businesses, providing them with advanced locking solutions that meet modern demands. The new locks are designed to offer improved durability and reliability, making them a valuable addition for companies looking to upgrade their security measures.

The US economy has shown a robust performance as the second-quarter GDP growth rate has been revised up to 3.8%, reflecting stronger consumer spending than initially reported. This revision is significant as it indicates a more resilient economic landscape, suggesting that consumers are confident and willing to spend, which is crucial for sustained economic growth.