Biden just shortened the timeline to student loan forgiveness for these borrowers
Due to recently announced changes, you may already be eligible for student loan forgiveness. (iStock) president joe biden announced last week He said he would shorten the deadline to provide forgiveness to some student loan borrowers enrolled in the Savings for a Valuable Education (SAVE) plan. Starting next month, borrowers who initially borrowed less than […]
This week’s personal loan rates lower for 3- and rise 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. Weekly updates on the latest […]
Some US states expand low-interest loan programs for farms and businesses
On the first business day of the new year, Missouri Treasurer Vivek Malek began accepting applications for approximately $120 million in state-subsidized, low-interest loans to small businesses, farmers, and affordable housing developers. Within six hours, Marek had so many requests for funding that she had to close her application. “The demand is huge and that's […]
Student loan borrowers are boycotting repayments to pressure Biden admin to cancel debt
Millions of student loan borrowers refuse to repayOne report said they hope their boycott will put pressure on the Biden administration to cancel all debt. Intelligent.com Survey It was released on Monday. The study surveyed 1,000 borrowers and found that 1 in 10 people with federal student loan debt default on their payments. It has […]
Private student loan interest rates trend downward for 10-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 […]
Some student loan borrowers refusing to pay out of protest
Millions of borrowers with existing student loans still have not made payments since billing resumed in October after a three-year hiatus, and some have stopped making payments in protest. Some admit that they are in denial. A survey of 1,000 federal student loan borrowers conducted this month by Intelligent.com found that 25% said they had […]
Restarted student loan repayments resurrect $2,500 interest tax deduction
The $2,500 interest tax deduction is reinstated because repayments have begun. (iStock) For many borrowers, restarting student loan payments isn't easy, but there's one good thing about continuing to make monthly payments. That is the possibility of tax deduction. Now that most student loans are accruing interest again, borrowers can claim a student loan interest […]
More student loan borrowers will see their debt ‘canceled’ with taxpayers left picking up the tab
On Friday, the Biden administration announced it would move forward with the next round. federal student loan cancellationaccording to the White House press release. “From day one in office, I vowed to fix the student loan system and ensure that higher education is a path to the middle class, not a barrier to opportunity. “We […]
Private student loan interest rates trend upward for 5- and 10-year loan 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. The latest private student loan […]
This week’s personal loan rates fall 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 […]