New student loan forgiveness: $1.2B in debt canceled for these 153,000 borrowers
This student loan forgiveness round is the first under Biden’s new SAVE repayment plan, and comes nearly six months earlier than anticipated.
Tax refunds: Free calculators, direct deposit, remote work, and everything else you need to know
It’s tax season and Americans across the country are preparing their returns. Here’s what you need to know about checking your refund status, getting your money back quickly, and making sure you don’t miss any important deadlines.
Some student loan borrowers are boycotting payments, but the risk is high: survey
Six in 10 student loan borrowers have missed payments since the student loan payment pause ended in October after a 42-month payment and interest accrual pause, a recent Intelligent.com survey said.
Capital One - Discover merger: What we know and how it impacts you
Capital One's acquisition of Discover for $35.3 billion will have a major impact on consumer and financial services once the deal is finalized. Here's what you need to know.
Capital One to purchase Discover Financial for $35 billion
Capital One Financial is buying Discover Financial Services for $35 billion, in a deal that would bring together two of the nation’s biggest lenders and credit card issuers.
Austin guaranteed income pilot program: Does it work?
The city of Austin announced its guaranteed income pilot program will be making a comeback this spring. A report was recently released about how the trial run of that program went, and what we learned.
Mortgage interest rates jumped up this week, along with prices: Freddie Mac
Mortgage interest rates for 30-year mortgages rose to 6.77% this week, up from 6.64% last week.
Gas prices jolted up by 12 cents as Indiana oil refinery remains closed: AAA
A shutdown oil refinery has led to a large increase in gas prices across the country.
US Department of Education supports colleges and students amid FAFSA delays
The U.S. Department of Education is stepping in to support colleges in sending out financial aid awards sooner to students after an inflation fix to the new FAFSA form delayed the timeline.
More student loan forgiveness is on the horizon, as U.S. colleges commit to cost transparency
Over 360 colleges have committed to being more transparent about their costs, while the U.S. Department of Education offers more loan forgiveness.
Homebuyers feel good about where mortgage rates are headed: Fannie Mae
Fannie Mae survey said that homebuyers feel better about mortgage rates but still don't think now is a good time to buy a home.
Tax refunds are smaller so far this year, IRS says
As of Feb. 2, the average tax refund check is about 29% lower than last year.
Inflation rises higher than expected, further obscuring the timeline on the Fed's interest rate cuts
Inflation slowed from December to January, but remained above the sub-3% growth economists had expected, according to the Consumer Price Index.
Nearly 89 percent of U.S. homeowners with mortgages have interest rate below 6 percent: Redfin
Over 88% of home loan borrowers have mortgage rates below 6% or 5%, leaving current rates still on the high end.
Consumers bought more secondhand items in 2023, but major purchases are back for 2024
Consumers were thrifty with their spending in 2023, but major purchases like homes and vehicles are expected to rise in 2024.
Financial infidelity? Over 40% of US adults say they've kept money secrets
Would you consider it cheating if your romantic partner hid a debt, a credit card or other financial secret from you? Over 40% of US adults admitted to keeping money secrets.
Dating app requires users to have credit score of 675 or above to join
The dating app is only "for people with good credit," the company says. Users can't see others' scores, but the information is used to qualify a potential user for the app.
Millennials are desperate to buy a home, most willing to pay a mortgage rate above 7 percent: survey
Affordability challenges aside, 78% of millennial respondents in a recent Real Estate Witch survey still believe in the dream of homeownership.
U.S. raises are trending down this year as the job market cools
Employers are planning to raise wages by 4%, on average this year, higher than 2021, but lower than 2023.
Missed student loan payments set to affect credit scores again by the end of 2024: Here’s how to prepare
Borrowers who miss student loan payments will see repercussions again by September, thankfully there are forgiveness options.