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Credit card interest rates predicted to fall, but debt remains high

Credit card interest rates may drop in 2024, but many consumers still face increasing credit card balances. (iStock) There are various predictions about credit card interest rates in the coming months. As with most interest rates, if the Fed starts lowering interest rates, credit card interest rates are likely to drop as well. Credit card […]

Rudy Giuliani bankruptcy shows Trump ally drowning in debt

Rudy Giuliani’s bankruptcy filing, sparked by a multimillion-dollar judgment against him for defaming two Georgia election officials, provides new insight into the former New York mayor’s finances. In December, a federal jury in Washington, D.C. awarded Giuliani a whopping $148 million to Ruby Freeman and Shay Moss for making baseless claims that they engaged in […]

Biden Transferring Student Debt from 153K Borrowers, Notifies in Emails

On Wednesday, more than 150,000 borrowers received an email from President Joe Biden stating that “all or a portion of their federal student loans will be forgiven,” which actually means less of the debt owed to American taxpayers. It is a relocation. politiko report On Wednesday, the Biden administration plans to send a mass email […]

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

Borrowers with large medical debts, childcare costs, and other financial burdens are eligible for relief. (iStock) Recent Biden-Harris Administration Announcing another proposal We help borrowers deal with high-cost student loans. This round of student debt relief is intended to help students facing severe financial hardship. The proposal would provide automatic relief to borrowers deemed likely […]

Biden Cancels Another $1.2B In Student Debt

(Photo by Kevin Dietsch/Getty Images) OAN’s James Myers7:54am – Wednesday, February 21, 2024 The Biden administration announced it will cancel an additional $1.2 billion in student loan debt for more than 150,000 borrowers six months ahead of schedule. advertisement President Joe Biden activated the Savings for Valuable Education (SAVE) plan policy, which will cancel debt […]