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Personal Finance

Stories related to personal finance.

Biden cancels $1.2 billion in student loans for borrowers enrolled in SAVE

Biden cancels $1.2 billion in student loans for borrowers enrolled in SAVE

The first batch of student debt cancellations under the SAVE plan is underway as President Joe Biden announced $1.2 billion in student loan forgiveness six months ahead of schedule.

February 22, 2024 7:56pm EST
No relief for seniors as big drop forecasted for Social Security COLA

No relief for seniors as big drop forecasted for Social Security COLA

Early estimates for Social Security benefits and cost of living adjustments are low as inflation slows, but seniors struggle to make ends meet.

February 22, 2024 7:19pm EST
Nearly 40% of Americans say they are behind on monthly bills: survey

Nearly 40% of Americans say they are behind on monthly bills: survey

The survey by LendingTree suggests that many people in the U.S. may still be struggling amid ongoing, high inflation.

February 22, 2024 4:52pm EST
Chase customers sue bank over 'predatory' fees on bounced checks

Chase customers sue bank over 'predatory' fees on bounced checks

The customers say the fees are “junk fees” and the actions by the bank are “predatory.”

February 21, 2024 10:12pm EST
Student loan borrowers facing financial hardship may qualify for Biden’s new round of debt relief

Student loan borrowers facing financial hardship may qualify for Biden’s new round of debt relief

Student loan borrowers dealing with serious financial hardship may qualify for Biden's new round of student loan forgiveness.

February 21, 2024 7:31pm EST
Poll: Most Americans feel they overpay on their taxes

Poll: Most Americans feel they overpay on their taxes

A majority of U.S. taxpayers feel they pay too much in taxes, with many saying that they receive a poor value in return.

February 20, 2024 10:12pm EST
Some student loan borrowers are boycotting payments, but the risk is high: survey

Some student loan borrowers are boycotting payments, but the risk is high: survey

Six in 10 student loan borrowers have missed payments since the student loan payment pause ended in October after a 42-month payment and interest accrual pause, a recent Intelligent.com survey said.

February 20, 2024 7:55pm EST
Gas prices jolted up by 12 cents as Indiana oil refinery remains closed: AAA

Gas prices jolted up by 12 cents as Indiana oil refinery remains closed: AAA

A shutdown oil refinery has led to a large increase in gas prices across the country.

February 16, 2024 6:44pm EST
US Department of Education supports colleges and students amid FAFSA delays

US Department of Education supports colleges and students amid FAFSA delays

The U.S. Department of Education is stepping in to support colleges in sending out financial aid awards sooner to students after an inflation fix to the new FAFSA form delayed the timeline.

February 16, 2024 3:55pm EST
More student loan forgiveness is on the horizon, as U.S. colleges commit to cost transparency

More student loan forgiveness is on the horizon, as U.S. colleges commit to cost transparency

Over 360 colleges have committed to being more transparent about their costs, while the U.S. Department of Education offers more loan forgiveness.

February 15, 2024 8:17pm EST
Consumers bought more secondhand items in 2023, but major purchases are back for 2024

Consumers bought more secondhand items in 2023, but major purchases are back for 2024

Consumers were thrifty with their spending in 2023, but major purchases like homes and vehicles are expected to rise in 2024.

February 14, 2024 7:33pm EST
New York credit card surcharge law in effect: What to know, how to get your money back

New York credit card surcharge law in effect: What to know, how to get your money back

The new law would limit credit card surcharges and require businesses to post the total price before checkout.

February 14, 2024 8:07am EST
U.S. raises are trending down this year as the job market cools

U.S. raises are trending down this year as the job market cools

Employers are planning to raise wages by 4%, on average this year, higher than 2021, but lower than 2023.

February 12, 2024 5:23pm EST
Missed student loan payments set to affect credit scores again by the end of 2024: Here’s how to prepare

Missed student loan payments set to affect credit scores again by the end of 2024: Here’s how to prepare

Borrowers who miss student loan payments will see repercussions again by September, thankfully there are forgiveness options.

February 12, 2024 4:49pm EST
Gas and oil prices are on the rise as warm weather brings more demand

Gas and oil prices are on the rise as warm weather brings more demand

Gas prices are up from last month, but down $0.29 compared to last year.

February 9, 2024 6:27pm EST
House passes $78 billion tax bill expanding the child tax credit, its fate in the Senate remains to be seen

House passes $78 billion tax bill expanding the child tax credit, its fate in the Senate remains to be seen

The child tax deduction expansion would make more of the credit refundable, helping millions of families.

February 9, 2024 6:19pm EST
2023 was the hottest year on record, driving up utility costs and homeowners insurance prices

2023 was the hottest year on record, driving up utility costs and homeowners insurance prices

Inflation and climate change lend to higher homeowners insurance rates, causing some homeowners to consider moving.

February 8, 2024 2:17pm EST
FAFSA inflation fix scheduled for mid-March, delays award notification until spring

FAFSA inflation fix scheduled for mid-March, delays award notification until spring

The Department of Education said an inflation fix to FAFSA won’t come until mid-March, further delaying financial aid award notifications.

February 7, 2024 8:24pm EST
12 states qualify for the IRS Direct File pilot program: Is yours one of them?

12 states qualify for the IRS Direct File pilot program: Is yours one of them?

On top of a new IRS tax filing system, an adjustment to the child tax credit may qualify families for higher credits.

February 7, 2024 8:17pm EST
Social inflation causing insurance rates to jump, no end in sight for rising premiums in 2024

Social inflation causing insurance rates to jump, no end in sight for rising premiums in 2024

Insurance rates are rising for customers as insurers struggle to deal with claim payouts.

February 7, 2024 4:56pm EST
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SCOTUS will allow Texas to use redrawn congressional map for 2026 election

SCOTUS will allow Texas to use redrawn congressional map for 2026 election

DC pipe bomber arrest: FBI takes man into custody over bombs planted before Jan. 6

DC pipe bomber arrest: FBI takes man into custody over bombs planted before Jan. 6

Who is Brian Cole? Suspected DC pipe bomber arrested by FBI

Who is Brian Cole? Suspected DC pipe bomber arrested by FBI

Look up tonight: Supermoon to soar into the sky

Look up tonight: Supermoon to soar into the sky

USGS deletes 5.9 quake in Nevada from its website

USGS deletes 5.9 quake in Nevada from its website

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