Senators urge Biden administration to simplify military student loan forgiveness program
Members of the military may qualify to have the remaining balance of their student loan debt forgiven under the Public Service Loan Forgiveness Program. But with strict documentation requirements, Congress is calling for additional student loan benefits for borrowers who served in the Armed Forces.
Warren, Schumer 'strongly urge' Biden to extend student loan forbearance and cancel debt
Progressive lawmakers are calling for the Education Department to extend the forbearance period as federal student loan borrowers are set to resume payments in February.
Can you use a personal loan to pay off your car?
If you’re looking to get out of auto loan debt, you can use a personal loan to pay off your car. Learn what this entails and whether it’s a good idea.
Single Americans would rather buy a home than pay for a wedding, survey finds
Unmarried Americans are prioritizing homeownership over paying for a wedding, according to a new survey.
Student loan payment pause will not be extended, White House confirms
White House press secretary Jen Psaki confirmed that federal student loan borrowers will need to resume making payments in February.
How to get your student loan interest deduction
The student loan interest deduction allows you to subtract up to $2,500 from your taxable income for interest paid on student loans. Here’s how it works.
Lawmakers consider Social Security 2100 Act aimed at protecting future benefits
The House Ways and Means Committee held a hearing to consider a new bill to reform the way Social Security works and address the retirement crisis.
Some Americans skip buying Christmas presents to afford health care, survey finds
Consumers have skipped spending money on food, travel and even holiday gifts due to health care costs, according to a survey from HealthCareInsider.
Best emergency loans of 2021
Emergency loans are typically unsecured personal loans that you can apply for and receive within a few business days. Learn more.
Student loan borrowers can potentially save $5K by refinancing as interest rates set record lows
Student loan refinancing rates on fixed-rate and variable-rate loans fell to record lows in November, giving borrowers the opportunity to save more money on their student debt.
Lenders use AI to offer low credit score personal loans to borrowers
Fintech lenders are increasing their use of AI to go beyond the traditional credit scores and offer personal loans to borrowers with lower credit scores.
Personal loan interest rates continue downward slide
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
How to refinance student loans while interest rates are at record lows
Variable and fixed interest rates for student loan refinancing fell to historic lows in November.
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.
Biden says COVID-19 Omicron variant 'cause for concern’ – will interest rates be impacted?
As health officials determine the potential impact of the COVID-19 Omicron variant, economists weigh the potential risks to the economy and what it means for growth forecasts.
Seniors are losing out on Medicare savings during open enrollment, data shows
The Medicare and Medicare Advantage open enrollment period ends on Dec. 7, but many seniors haven't reviewed their health coverage. Even fewer decided to actually change plans, according to a new survey.
Black Friday shopping declines as Cyber Monday expected to be top spending holiday of 2021
This holiday shopping season, consumers are ditching short-term Black Friday deals in favor of a more long-term online shopping strategy, according to a new report.