Student loans: More than half of borrowers say they may miss a payment
Many student loan borrowers are worried they'll miss at least one payment when repayment begins, according to a survey by Morning Consult. But the Biden administration announced new student loan relief initiatives after the Supreme Court shut down its student loan forgiveness plan.
Many student loan borrowers are worried they'll miss at least one payment when repayment begins, according to a survey by Morning Consult. But the Biden administration announced new student loan relief initiatives after the Supreme Court shut down its student loan forgiveness plan.
Retirement account balances rise despite economic turmoil: Fidelity
401(k), IRA and 403(b) plan balances increased for the second straight quarter in Q1 2023, Fidelity Investments reported.
401(k), IRA and 403(b) plan balances increased for the second straight quarter in Q1 2023, Fidelity Investments reported.
Student loan scam attempts likely to rise after SCOTUS decision: FTC
Scammers are likely to start contacting borrowers, promising to help them repay their loans after SCOTUS struck down Biden’s student loan forgiveness plan, the FTC said. Here's how borrowers can protect themselves.
Scammers are likely to start contacting borrowers, promising to help them repay their loans after SCOTUS struck down Biden’s student loan forgiveness plan, the FTC said. Here's how borrowers can protect themselves.
Student loan borrowers not ready to resume payments, unaware of options: survey
More than half of student loan borrowers said they don't feel financially ready to resume payments in 2023, even as the pause ends, according to the College Investor survey.
More than half of student loan borrowers said they don't feel financially ready to resume payments in 2023, even as the pause ends, according to the College Investor survey.
Biden announces new student loan forgiveness plan for borrowers making less than 125K
Under the Higher Education Act, the Biden administration is taking another shot at student loan forgiveness after SCOTUS struck down its plans.
Under the Higher Education Act, the Biden administration is taking another shot at student loan forgiveness after SCOTUS struck down its plans.
Biden administration announces SAVE plan after SCOTUS student loan decision
The White House announced SAVE, a new income-driven student loan repayment plan and other initiatives following the Supreme Court's decision to strike down widespread student loan forgiveness.
The White House announced SAVE, a new income-driven student loan repayment plan and other initiatives following the Supreme Court's decision to strike down widespread student loan forgiveness.
Subprime-rated consumers have less access to credit – Here's how to improve your score
Subprime-rated consumers may have fewer borrowing options to deal with unexpected costs as lenders tighten access to credit to this group in favor of more consumers with higher credit scores, a VantageScore report said.
Subprime-rated consumers may have fewer borrowing options to deal with unexpected costs as lenders tighten access to credit to this group in favor of more consumers with higher credit scores, a VantageScore report said.
Record number of Americans expected to travel this 4th of July: AAA
More than 50 million Americans may travel this 4th of July 2023 weekend, AAA reported. But with record travel expected, some times may be better to drive than others.
More than 50 million Americans may travel this 4th of July 2023 weekend, AAA reported. But with record travel expected, some times may be better to drive than others.
Supreme Court strikes down Biden's student loan forgiveness plan – what's next?
The U.S. Supreme Court held that the Biden administration needs to have Congress’ backing for the costly student loan forgiveness plan and rejected arguments that the HEROES Act of 2003 gave Biden the authority he claimed.
The U.S. Supreme Court held that the Biden administration needs to have Congress’ backing for the costly student loan forgiveness plan and rejected arguments that the HEROES Act of 2003 gave Biden the authority he claimed.
Borrowers may see credit scores change once federal student loan payments resume
Resuming the payments on student loans means that a large percentage of nearly 40 million Americans who have not made payments on their federal student loans in the past three years may see some changes in their credit scores, according to the VantageScore report.
Resuming the payments on student loans means that a large percentage of nearly 40 million Americans who have not made payments on their federal student loans in the past three years may see some changes in their credit scores, according to the VantageScore report.
Here's where homes face the biggest risk for natural disaster
Some areas, including places in Florida, have high-risk exposure to home damage from hurricanes and other natural disasters. But many homes aren’t equipped to withstand these events, according to a survey. Upgrading your home can protect it while saving you money on home insurance.
Some areas, including places in Florida, have high-risk exposure to home damage from hurricanes and other natural disasters. But many homes aren’t equipped to withstand these events, according to a survey. Upgrading your home can protect it while saving you money on home insurance.
Used car prices soar as demand for limited inventory grows, report says
Used car prices have softened recently but remain significantly higher than before the COVID-19 pandemic, according to a recent Edmunds report.
Used car prices have softened recently but remain significantly higher than before the COVID-19 pandemic, according to a recent Edmunds report.
Here's why BNPL providers are becoming more selective on who qualifies for zero-interest loans
Signs are emerging that BNPL providers have had to slow down lending and become more selective to turn a profit in the current tighter lending environment, according to a Wall Street Journal report.
Signs are emerging that BNPL providers have had to slow down lending and become more selective to turn a profit in the current tighter lending environment, according to a Wall Street Journal report.
Legislative bill seeks to make expanded child tax credit permanent
House Democrats recently introduced the American Family Act of 2023, legislation that seeks to restore the expanded, monthly Child Tax Credit to parents across the U.S.
House Democrats recently introduced the American Family Act of 2023, legislation that seeks to restore the expanded, monthly Child Tax Credit to parents across the U.S.
CFPB warns about side effects of using medical credit cards, loans
Alternative debt financing products like medical credit cards and medical installment loans can weaken consumers' financial well-being, the CFPB warned in a recent report.
Alternative debt financing products like medical credit cards and medical installment loans can weaken consumers' financial well-being, the CFPB warned in a recent report.
Student loan payments will resume in October, Education Department confirms
Federal student loan payments are set to resume in October, while interest on loan debt will begin once again in September, the Education Department clarified.
Federal student loan payments are set to resume in October, while interest on loan debt will begin once again in September, the Education Department clarified.
Financial professionals recommend investing your bonus in your 401(k): survey
Most financial professionals recommend you contribute your bonuses to your 401(k). But many Americans don’t get bonuses or have 401(k)s. Here’s what you can do.
Most financial professionals recommend you contribute your bonuses to your 401(k). But many Americans don’t get bonuses or have 401(k)s. Here’s what you can do.
Credit card debt is at record high as Americans deal with inflation and rising costs: TransUnion
U.S. credit card balances increased 20% in the first quarter of 2023 compared to last year, a recent TransUnion report said.
U.S. credit card balances increased 20% in the first quarter of 2023 compared to last year, a recent TransUnion report said.
Gas prices hold steady despite surge in demand for domestic gasoline: AAA
Gas prices decreased slightly for the week ending June 8, AAA said. Despite an increase in gasoline demand, fluctuating oil prices have limited increases at the pump.
Gas prices decreased slightly for the week ending June 8, AAA said. Despite an increase in gasoline demand, fluctuating oil prices have limited increases at the pump.
More college students are putting their education on hold: reports
The population of Some College, No Credential (SCNC) students has increased and many cited college costs as major challenges, according to recent studies. Here’s what you need to know.
The population of Some College, No Credential (SCNC) students has increased and many cited college costs as major challenges, according to recent studies. Here’s what you need to know.