Gas prices hold steady to kick off Memorial Day weekend: AAA
Drivers are ready to get on the road this summer, and lower gas prices will help. (iStock) Gas prices stabilize, officially kicking off summer driving season, according to latest AAA data report. The national average price for a gallon of gas was $3.61, up just 1 cent from last week. However, AAA expects gasoline demand […]
Student loan debt: Gen X, boomers borrowed more money than other generations
See what’s clicking on FoxBusiness.com Amid the 2024 presidential campaign, student loan debt and forgiveness have become a hot topic for American voters as college graduates struggle to contribute to their loan tabs. Nationally, Gen . “The total federal debt in the United States is $1.727 trillion, or 92.8% of the total.” scholarship “The remaining […]
This week’s personal loan rates continue upward trend
At Credible Operations, Inc. (NMLS No. 1681276, hereafter referred to as “Credible”), our goal is to give you the tools and confidence you need to improve your financial situation. While we promote products from partner financial institutions from whom we receive compensation for our services, all opinions are our own. Weekly updates on the latest […]
Retirement account balances hit highest level since 2021
A recent AARP survey found that more than half of adults age 50 and older are worried about whether they will have enough money for retirement. Americans’ retirement account balances are at their highest level in more than two years due to a combination of rising savings rates and favorable market conditions, according to new […]
College tuition costs more than students budget for in most cases: survey
A recent survey found that some students could end up paying as much as $10,000 more for college tuition. (iStock) College tuition can cost $10,000 more than budgeted, but a recent study found that many students manage to make ends meet despite the unexpected expense. About 66% of college students said the costs of college […]
Private student loan interest rates continue to fall for 5-year loans
Here at Credible Operations, Inc. (NMLS No. 1681276) (hereafter referred to as “Credible”), our goal is to give you the tools and confidence you need to improve your finances. We promote the products of financial institutions we work with in exchange for our services, but all opinions are our own. The latest private student loan […]
15 million Americans still harmed by medical debt despite credit agencies’ changes
Americans are delaying medical care because of rising medical costs. (iStock) The CFPB said that despite changes to the way medical debt is reported, millions of Americans continue to have their credit damaged by medical debt. report. To support those facing unexpected hospitalization costs, Equifax, Experian, TransUnion Last year, we took steps to remove nearly […]
Renting is slightly cheaper than buying, pushing Gen Z to rent more often than buy
Gen Z spends 30% of their income on home purchases, while Millennials spend 36% of their income. (iStock ) For Gen Z and Millennials, homeownership is an expensive challenge. While renting is still a more affordable option, in some cases, renting can be just as expensive. On average, Gen Z spends 30% of their income […]
Monthly car payments decline despite rising auto insurance rates
More than 17% of drivers who own a new car pay more than $1,000 per month. (iStock) The auto industry is becoming increasingly affordable, with monthly payments for a new car averaging $735 as of the first quarter. Although it is still at a high level, it is a slight decrease compared to the previous […]
10 reasons why gold is gleaming more than ever
Economic panelists Rep. Jodi Arrington, R-Texas, and Rep. Art Laffer, R-Texas, reacted to President Biden’s claims about Kudlow that inflation was 9% when he took office. Gold has been coveted throughout history, and the precious metal’s appeal has not waned. There are many reasons why so many people invest in it. In fact, one of […]