Most electric vehicles won't qualify for tax credit despite proposed bill

“The $7,500 credit might exist on paper," John Bozzella, CEO of the Alliance of Automotive Innovation, said in a statement, “but no vehicles will qualify for this purchase over the next few years.”

US service members eligible for PSLF are short on time to apply under new rules, CFPB warns

Service members could potentially have thousands of dollars in federal student debt forgiven if they apply to have these loans credited under the Public Service Loan Forgiveness (PSLF) program before the October deadline.

Gas prices drop amid wavering consumer demand, AAA says

Gas prices fell last week as consumer demand dropped from last year, and this downward trend could continue in the coming weeks, according to AAA.

Elder Index shows millions of American seniors can’t afford basic living costs

Inflation surged in June and workers’ average wages accelerated in the spring — signs that Americans won’t likely feel any relief from rising prices anytime soon.

Fannie Mae revises GDP forecast for 2022, 2023 amid high inflation

Rising inflation could push the economy into a recession sooner than economists had previously projected, according to the latest forecast from Fannie Mae.

Biden confirms he’ll make student loans decision by end of August

In an exchange with reporters, President Joe Biden confirmed he will soon make a decision on student loans. Here are the choices he is weighing.

Many borrowers took out student loans anticipating debt forgiveness, survey says

Many student loan borrowers took out loans in recent years with the belief that the Biden administration would cancel student loan debt, a recent survey said.

IRS working to increase audit rates for high-earning Americans

The IRS announced it will begin increasing audit rates for high-earning Americans making more than $100,000 a year.

Loans for a 600 credit score: What to know and where to find one

It’s possible to take out a personal loan with a 600 credit score, but you may not qualify for the best possible rates or terms.

Should you refinance your student loans? Best lenders to consider

When you refinance student loans, you replace one or more of your existing student loans with a new loan and possibly lower your interest rate.