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Tag: loan

Supreme Court rejects Biden bid to restore student loan bailout

The Supreme Court ruled Wednesday against President Biden's attempt to reinstate student loan benefits, at least for now. The Supreme Court rejected a request by the Harris-Biden administration's Department of Justice to lift an injunction issued by a lower court that halted the write-offs while a lawsuit challenging the plan works its way through the […]

A student loan debt tsunami is coming. Here's how to minimize the impact.  

By the end of September, the federal government's efforts to collect from late student loan borrowers wereresumeA few years later. Almost.6 millionBorrowers roughly the size of Colorado’s population will once again face hefty financial penalties under the default system and a tough road to paying off their outstanding debts. The available data paint a clear […]

Illegal aliens in Calif. may soon be eligible for state home ‘loan’ requiring no money down, no payments

California may soon allow undocumented immigrants to participate in a state mortgage program designed to help first-time homebuyers. Earlier this year, Rep. Joaquin Arambula (D-Fresno) HB1840The bill would allow undocumented immigrants to have the same access to the California Dream for All program as citizens and legal residents. A Senate Appropriations Committee analysis noted the […]

This week’s personal loan rates rise for 3-year terms, while 5-year terms fall

We provide weekly updates on the latest trends in personal loan interest rates from the Credible marketplace. (iStock) High credit rating borrowers Personal Loans Pre-approved rates in the past seven days were higher for three-year loans and lower for five-year loans compared to fixed-rate loans in the seven days prior to that. For borrowers with […]

Biden asks Supreme Court to lift block on student loan repayment plan

Student loan borrowers enrolled in SAVE will not have to make payments while the court decides the fate of the program. (iStock) President Joe Biden’s administration is heading to the Supreme Court Unblocking the Savings for a Valuable Education (SAVE) programThis is intended to ease the burden of student loan debt for millions of borrowers. […]

Private student loan interest rates fall for 5-year terms, rise for 10-year terms

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. The latest private student loan […]

This week’s personal loan rates fall for 3-year terms, rise for 5-year terms

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. We provide weekly updates on […]