Private student loan interest rates rise for 5- and 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 […]
More student loan borrowers are getting relief through bankruptcy thanks to Biden’s rule change
Americans burdened with student loan debt are increasingly turning to bankruptcy to successfully pay off their debts. (iStock) According to the Department of Education, an increasing number of borrowers who sued to seek student loan forgiveness are now receiving debt relief through bankruptcy after policy changes by President Joe Biden’s administration. A total of 588 […]
This week’s personal loan rates edge up for 3- and 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 […]
Biden’s student loan repayment plan dealt another blow by federal court
Joe Biden’s efforts to fulfill a key campaign promise of student loan debt relief were dealt a new blow this week when a federal appeals court blocked the Savings for a Valuable Education program, known as SAVE. 1 page, unsigned order In a decision issued Thursday, the 8th U.S. Circuit Court of Appeals granted a […]
Federal Court Halts Student Loan Payment Program In Another Blow To Biden Admin
A federal appeals court on Thursday issued an order suspending President Joe Biden’s income-contingent repayment program for student loans, citing challenges to the program’s legality. Save for a Valuable Education (SAVE) planThe bill, introduced in 2023, aims to provide new repayment options for student loan borrowers, including lower monthly payments based on income and minimal […]
This week’s personal loan rates edge up for 3-year terms, while 5-year rates fall
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 […]
Private student loan interest rates fall for 10- and 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. The latest private student loan […]
NYC developer gets nearly $1B loan for residential towers overlooking Hudson River
As foundation work progresses on two dramatically styled apartment towers downtown, funding has finally been secured for the high-profile riverside project. Atlas Capital Group has closed a $985 million construction loan for the tower at 80 Clarkson Street, which it is developing with Zeckendorf Development and Baupost Group, people familiar with the matter told The […]
Tuition Loan Debt Is Corporatism at Its Worst
Estimated Reading Time: 3 minutes The left accuses the right of fascism, the right accuses the left of socialism, and both engage in corporatism. Corporatism is the organization of the body politic and the economy by interest groups, such as farmers, corporations, banks, media, labor unions, educators, government agencies, and professional guilds. It’s difficult to […]
Student Loan Indebtedness and Social Justice
Estimated Reading Time: 3 minutes Editors’ Note: It should be remembered that the federalization of the student loan programs in the United States was accomplished by a Senate amendment to Obamacare late on Christmas Eve in 2009 when the Senate had a filibuster-proof 60 vote majority (58 Ds and 2 Independents) and voted Obamacare into existence. The […]