Holiday tipping: Can you tip your mail carrier?

Yes, you can tip your letter carrier this holiday season but, as federal workers, they have certain stipulations when it comes to accepting gifts. The bottom line: less is more.

93% of payday loan borrowers regret taking out their loans, survey finds

Payday loans can be a debt trap for borrowers who can't afford to make payments. Here's how you can repay your payday loan balance before it's sent to debt collectors.

Here's who has qualified for student loan forgiveness under Biden

The Biden administration has forgiven federal student debt through four major loan forgiveness programs, including PSLF and borrower defense.

NFT is 2021 word of the year amid cryptocurrency surge, Collins Dictionary says

An NFT is proof of ownership for a unique digital item that can be bought and sold on the cryptocurrency marketplace. Here's what you need to know about buying and investing in crypto.

What is a personal line of credit?

A personal line of credit is a type of revolving credit that can be used to cover expenses like home renovations. Here’s what you need to know before applying.

Holiday shoppers plan to spend nearly $1,000 this year, survey finds: 3 tips to avoid overspending

Consumers plan to spend $998 this holiday shopping season, according to a National Retail Federation (NRF) survey. Here's how you can overcome higher prices amid shipping delays and labor shortages to take advantage of holiday sales.

Democrats push Biden to cancel student loans after House passes Build Back Better

Progressive lawmakers are calling on President Biden to cancel student loan debt as some Americans have qualified for forgiveness under borrower defense, total and permanent disability (TPD) discharges and a limited PSLF waiver.

Expanded child tax credit would permanently reduce child poverty, CBPP finds

Build Back Better would make the Child Tax Credit permanently available to low-income families. But the trillion-dollar spending plan faces hurdles in Congress before it can be signed into law.

Getting life insurance while you're young and healthy can save you thousands

The longer you wait to lock in a life insurance premium, the higher your monthly rate will be. Find out how taking out life insurance while you're young and healthy can save you thousands of dollars.

High property values, low interest rates prompt homeowners to refinance

New Jersey homeowner Robert Torino saw the changing market and decided to refinance his house a few months ago. His new rate is below 4%. These are some benefits to refinancing your home loan.

College costs have risen at nearly 5x the rate of inflation, report finds

The average cost of tuition, fees and other expenses at higher education institutions are rising at a much faster rate than inflation, according to a recent study.

Student loan payments restart in February, but survey finds 89% of borrowers aren't ready

About 9 in 10 fully employed borrowers said they are not financially secure enough to resume federal student loan payments in February 2022, according to a new survey.

Tips for saving money this Thanksgiving

Supply chain issues are pushing up the cost of nearly everything, including turkeys for Thanksgiving. But you can find some ways to save.

The risks of using buy now, pay later to finance holiday shopping on Black Friday

Buy now, pay later apps let you break up larger purchases into a short-term repayment schedule. But there are a few things you should know before you use them to finance holiday shopping.

Build Back Better bill: Latest on the SALT deduction battle

Residents of high-tax states — such as New York and New Jersey — are looking for some relief on their tax bills via the Democrats' sweeping legislation that would raise the cap on the SALT deduction.

Social Security benefits see highest boost in 40 years, but inflation is higher

Social Security benefits will increase at their highest rate in 40 years, but the latest inflation numbers are even higher. Next year's increase may not be enough for seniors living on Social Security income.

This is the state where student loan borrowers struggle the most to repay their debt: report

A new study compared the average student loan debt to median annual earnings for student loan borrowers two years after graduation. See what you can do if you want to avoid delinquency.