Subprime-rated consumers have less access to credit – Here's how to improve your score
Subprime-rated consumers may have fewer borrowing options to deal with unexpected costs as lenders tighten access to credit to this group in favor of more consumers with higher credit scores, a VantageScore report said.
Subprime-rated consumers may have fewer borrowing options to deal with unexpected costs as lenders tighten access to credit to this group in favor of more consumers with higher credit scores, a VantageScore report said.
Record number of Americans expected to travel this 4th of July: AAA
More than 50 million Americans may travel this 4th of July 2023 weekend, AAA reported. But with record travel expected, some times may be better to drive than others.
More than 50 million Americans may travel this 4th of July 2023 weekend, AAA reported. But with record travel expected, some times may be better to drive than others.
Supreme Court strikes down Biden's student loan forgiveness plan – what's next?
The U.S. Supreme Court held that the Biden administration needs to have Congress’ backing for the costly student loan forgiveness plan and rejected arguments that the HEROES Act of 2003 gave Biden the authority he claimed.
The U.S. Supreme Court held that the Biden administration needs to have Congress’ backing for the costly student loan forgiveness plan and rejected arguments that the HEROES Act of 2003 gave Biden the authority he claimed.
Borrowers may see credit scores change once federal student loan payments resume
Resuming the payments on student loans means that a large percentage of nearly 40 million Americans who have not made payments on their federal student loans in the past three years may see some changes in their credit scores, according to the VantageScore report.
Resuming the payments on student loans means that a large percentage of nearly 40 million Americans who have not made payments on their federal student loans in the past three years may see some changes in their credit scores, according to the VantageScore report.
Here's how to prepare to pay back your student loans once the pandemic payment freeze ends
The Supreme Court may strike down President Joe Biden's student loan plan, which would erase $10,000 in federal student loan debt for those with incomes below $125,000 a year or households that earn less than $250,000.
The Supreme Court may strike down President Joe Biden's student loan plan, which would erase $10,000 in federal student loan debt for those with incomes below $125,000 a year or households that earn less than $250,000.
Here's where homes face the biggest risk for natural disaster
Some areas, including places in Florida, have high-risk exposure to home damage from hurricanes and other natural disasters. But many homes aren’t equipped to withstand these events, according to a survey. Upgrading your home can protect it while saving you money on home insurance.
Some areas, including places in Florida, have high-risk exposure to home damage from hurricanes and other natural disasters. But many homes aren’t equipped to withstand these events, according to a survey. Upgrading your home can protect it while saving you money on home insurance.
Americans say they will need $1.27 million to retire comfortably, study finds
The new report sheds light on financial aspirations and concerns people have planning for life after working.
The new report sheds light on financial aspirations and concerns people have planning for life after working.
Skyrocketing car insurance costs push some drivers to forgo coverage
Drivers paid more for insurance in 2023 than they did the year before and many are considering doing without, according to a recent Policygenius survey.
Drivers paid more for insurance in 2023 than they did the year before and many are considering doing without, according to a recent Policygenius survey.
Used car prices soar as demand for limited inventory grows, report says
Used car prices have softened recently but remain significantly higher than before the COVID-19 pandemic, according to a recent Edmunds report.
Used car prices have softened recently but remain significantly higher than before the COVID-19 pandemic, according to a recent Edmunds report.
Here's why BNPL providers are becoming more selective on who qualifies for zero-interest loans
Signs are emerging that BNPL providers have had to slow down lending and become more selective to turn a profit in the current tighter lending environment, according to a Wall Street Journal report.
Signs are emerging that BNPL providers have had to slow down lending and become more selective to turn a profit in the current tighter lending environment, according to a Wall Street Journal report.
Legislative bill seeks to make expanded child tax credit permanent
House Democrats recently introduced the American Family Act of 2023, legislation that seeks to restore the expanded, monthly Child Tax Credit to parents across the U.S.
House Democrats recently introduced the American Family Act of 2023, legislation that seeks to restore the expanded, monthly Child Tax Credit to parents across the U.S.
CFPB warns about side effects of using medical credit cards, loans
Alternative debt financing products like medical credit cards and medical installment loans can weaken consumers' financial well-being, the CFPB warned in a recent report.
Alternative debt financing products like medical credit cards and medical installment loans can weaken consumers' financial well-being, the CFPB warned in a recent report.
Student loan payments will resume in October, Education Department confirms
Federal student loan payments are set to resume in October, while interest on loan debt will begin once again in September, the Education Department clarified.
Federal student loan payments are set to resume in October, while interest on loan debt will begin once again in September, the Education Department clarified.
Financial professionals recommend investing your bonus in your 401(k): survey
Most financial professionals recommend you contribute your bonuses to your 401(k). But many Americans don’t get bonuses or have 401(k)s. Here’s what you can do.
Most financial professionals recommend you contribute your bonuses to your 401(k). But many Americans don’t get bonuses or have 401(k)s. Here’s what you can do.
Credit card debt is at record high as Americans deal with inflation and rising costs: TransUnion
U.S. credit card balances increased 20% in the first quarter of 2023 compared to last year, a recent TransUnion report said.
U.S. credit card balances increased 20% in the first quarter of 2023 compared to last year, a recent TransUnion report said.
Gas prices hold steady despite surge in demand for domestic gasoline: AAA
Gas prices decreased slightly for the week ending June 8, AAA said. Despite an increase in gasoline demand, fluctuating oil prices have limited increases at the pump.
Gas prices decreased slightly for the week ending June 8, AAA said. Despite an increase in gasoline demand, fluctuating oil prices have limited increases at the pump.
More college students are putting their education on hold: reports
The population of Some College, No Credential (SCNC) students has increased and many cited college costs as major challenges, according to recent studies. Here’s what you need to know.
The population of Some College, No Credential (SCNC) students has increased and many cited college costs as major challenges, according to recent studies. Here’s what you need to know.
Congress votes to kill Biden's student loan forgiveness plan
Congress passed Republican-sponsored legislation proposing to revoke President Joe Biden's cancellation plan and prevent the U.S. Department of Education from canceling student loans.
Congress passed Republican-sponsored legislation proposing to revoke President Joe Biden's cancellation plan and prevent the U.S. Department of Education from canceling student loans.
Gas prices stay neutral to kick off summer, but there's a chance for a decrease in the forecast: AAA
The national average cost for a gallon stayed steady at $3.57, as demand for gas and oil prices fell, even as more than 37 million Americans drove to their holiday destinations on the holiday weekend, AAA said.
The national average cost for a gallon stayed steady at $3.57, as demand for gas and oil prices fell, even as more than 37 million Americans drove to their holiday destinations on the holiday weekend, AAA said.
Student loan repayment: How to prepare for payments when pandemic freeze ends
A three-year pause on student loan payments will end this summer regardless of how the Supreme Court rules on the White House plan to forgive billions of dollars in student loan debt.
A three-year pause on student loan payments will end this summer regardless of how the Supreme Court rules on the White House plan to forgive billions of dollars in student loan debt.