New rules from President Obama’s 2016 Budget Proposal would simplify the available income-based repayment options. According to a recent article from US News and World Report, these new rules are proposed for pay-as-you-earn, public service loan forgiveness. According to the...
The new year seems to bring good news in terms of consumer confidence. According to an article from Newsmax.com, the Conference Board reported that the consumer confidence index climbed to its highest level since August 2007. Americans haven’t felt this...
The Federal Reserve has shared the statistics on consumer spending for the month of November. According to the report, student and auto loans were sharply on the rise as credit card debt fell. DailyFinance.com shares the report, and discusses...
An article by US News and World Report highlights a new report from the Institute for College Access and Success, stating that about 70% of 2013 graduates had student debt that averages $28,400. New Hampshire, Delaware, Pennsylvania, Rhode Island...
Wall Street Firm BlackRock suggests forgiving some student debt for first-time homebuyers, according to an article on CNN Money. Millennials aren’t buying many homes. Mounting student debt may be part of the problem. Click here for the full article....
The Consumer Financial Protection Bureau issued a report yesterday noting illegal actions by the student loan servicing industry. Bureau examiners found that companies engaged in illegal practices like charging unfair late fees and harassing debt collection calls. Bureau examiners...
Student Loan defaults are on the decline. This is good news. Defaults on federal student loans declined in 2013, for the first time in years, Read the rest of the article here
Student loan debt is on the rise. If you have Student loans you are not alone. Here is more information about this growing problem from CNN money. Almost 19% of student loan borrowers owe more than $50,000, according to...
This is a great article by MSN Money regarding three of the most common credit report errors, and the severity of each. It’s always important to know what’s going on with your credit. Read the full article here. (Source:...
So you need to declare bankruptcy. But what will happen if you have student loans?