Key takeaways This month, the Department of Education pauses student loan payments for three million SAVE borrowers. The forbearance period gives the DOE time to recalculate new monthly payment formulas. Despite two lawsuits filed by Republican-led groups, payment cuts can move forward following a ruling by a US appeals court….
Before you start on the loan process, there are several steps on how to apply for a loan in 2024 and ways to confirm what type of loan you need. A higher credit report implies reduced rates of interest. Ensure to obtain a complimentary copy of your credit history report…
Americans owe about $1.7 trillion in student debt. That’s more than for any other category of loans aside from mortgages. While the total owed has skyrocketed over the past three decades, new student debt has actually been receding in recent years. Indeed, the annual amount students take on in debt…
WASHINGTON, DC – JANUARY 02: Student loan borrowers gathered at the Supreme Court today to tell the … [+] court that student loan relief is legal on January 02, 2023 in Washington, DC. (Photo by Larry French/Getty Images for We, The 45 Million) Last week, the Education Department announced yet…
According to a recent Yahoo finance report, “van life,” also known as van dwelling, is booming. It’s the unconventional lifestyle of living in a van, car, or other vehicle. What You Need To Know A Cary couple said they sold most of their belongings to pursue a mobile lifestyle “Van…
A cash advance can help you out if you’re in a pinch, such as for an unexpected car repair to pay for or if you’ve got a time-sensitive opportunity that can’t wait until payday. There are many cash advance apps to choose from, all with varying features. 6 cash advance…
Fed up with their inability to get laws changed on the state level, advocates seeking to rein in so-called “payday lenders” operating in Rhode Island are taking the fight locally.Margaux Morisseau, co-chair of the Payday Lending Reform Coalition, has found some success in persuading municipal officials to enact ordinances that…
The U.S. Department of Education just announced interest rates for student loans will be 6.53% for 2024-25—the highest rate in a dozen years. The rate for graduate students will be even steeper, 8.08%, up from 7.05%. I’m always concerned about any development that could prevent promising students from getting the…
Key takeaways If you struggle to get approved for a personal loan or need a loan in a hurry, products like emergency loan and payday loans may be appealing. All may come with higher interest rates and shorter repayment timelines than a standard personal loan. Payday loans and some no-credit-check…