Biden Is Buying Votes with Loan Plan, But GOP Does That by Letting People Keep More of Their Own Money
On Wednesday’s broadcast of MSNBC’s “11th Hour,” host Stephanie Ruhle responded to Republican accusations that President Joe Biden is trying to buy votes with his student loan plan by saying, “Isn’t that how you do politics? Fulfilling campaign promises to certain groups.” She then argued that former President Donald Trump, a 2024 Republican presidential candidate, […]
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 […]
Biden Forgives Another $7.7 Billion In Americans’ Student Loan Debt
President Joe Biden’s administration on Wednesday forgave an additional $7.7 billion in student loan debt for about 160,000 borrowers. The president announced in a document statement He claimed to have forgiven the debts of applicants such as teachers, nurses and law enforcement officers who enrolled in the government’s Savings for Valuable Education (SAVE) repayment plan. […]
Biden announces another $7.7 billion in student loan cancellation
President Joe Biden has announced another $7.7 billion in student loans will not need to be repaid, with those who stand to benefit having an average of $35,000 in debt written off. “Today, my administration is canceling student debt for 160,000 more people, bringing the total number of Americans who have benefitted from our debt […]
UN experts say South Sudan is close to securing a $13 billion oil-backed loan from a UAE company
United Nations experts say South Sudan is close to securing a $13 billion loan from a United Arab Emirates company, despite the country having difficulty managing debt backed by its oil reserves. ing. In its report to the United Nations Security Council, the Committee of Experts said loan documents it reviewed show that the deal […]
This week’s personal loan rates rise for 3- and 5-year terms
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. Weekly updates on the latest […]
Private student loan interest rates 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 […]
$3 million may be paid to private student loan borrowers ignored by servicer – Here’s who is impacted
Private student loan borrowers may receive compensation if their requests are ignored. (iStock) National College Student Loan Trusts (NCSLT) and loan servicer Pennsylvania Higher Education Assistance Agency (PHEAA) will provide $3 million in compensation to student loan borrowers whose payment relief requests, including during the COVID-19 national emergency, were ignored. You may have to pay […]
Federal student loan interest rates highest in more than a decade
The Department of Education announced Tuesday that federal student loan interest rates for the 2024-2025 school year will be 6.53%, up from 5.5% a year ago. Higher education expert Mark Kantrowitz told CNBC Interest rates on new undergraduates are the highest they’ve been in a decade. Graduate student loans reached 8.08%, up from 7.05% a […]
New vehicles are becoming more affordable as vehicle loan interest rates decline
Auto loan interest rates fell to 10.47% in March. (iStock) Thanks to lower interest rates on auto loans, drivers are feeling some leniency in new car prices. Cox Automotive/Moody’s Analytics Vehicle Price Index is shown. The average interest rate on new cars in March fell to 10.47%, the lowest level since September. That said, consumers […]