The U.S. Capitol is seen on the second day of the federal government shutdown on October 2, 2025, in Washington D.C. Mehmet Eser | Anadolu | Getty Images The shutdown of the federal government is likely to worsen the delays student loan borrowers are already facing in accessing programs required by Congress and mandated in…
The United States Capitol building is seen in Washington D.C., United States on October 4 , 2023. Yasin Ozturk | Anadolu Agency | Getty Images Congress has until midnight on Tuesday to pass a funding bill and avoid a shutdown of the federal government. If lawmakers can’t agree, hundreds of thousands of federal employees could…
Alex Potemkin | E+ | Getty Images More than 74,000 federal student loan borrowers are stuck in a backlog of applications for a popular student loan forgiveness program. That program, called Public Service Loan Forgiveness Buyback, allows borrowers pursuing PSLF to get their debt wiped away sooner than they might have expected. Signed into law…
American Express announces the new platinum business card. Courtesy: American Express As issuers push annual fees higher for some premium travel rewards credit cards, experts say it’s important for consumers to consider if such cards are worth the cost. On Thursday, American Express announced that consumer and business versions of its Platinum credit card will…
Milorad Kravic | E+ | Getty Images When buying a car, whether new or used, experts say that a specific framework can be a great starting point to keep costs down. The so-called “20-4-10” rule uses three components to help you determine if a car purchase is affordable: the ideal down payment, the maximum recommended…
Travelism | E+ | Getty Images The Federal Reserve cut interest rates on Wednesday for the first time this year, providing some relief to consumers facing high borrowing costs on credit cards and other loans. Still, it can be a tough road ahead for many consumers, regardless of their income, as they strive to make…
California Attorney General Rob Bonta speaks at a press conference in February 2024. CNBC Nearly two dozen attorneys general, and a wide range of consumer groups and advocates, have registered their opposition to the Trump administration‘s proposed regulation that could narrow eligibility for a popular student loan forgiveness program for government and nonprofit workers. The…
American Federation of Teachers President Randi Weingarten speaks to the audience at the annual convention of the American Federation of Teachers Friday, July 13, 2018 at the David L. Lawrence Convention Center in Pittsburgh, Pennsylvania. Jeff Swensen | Getty Images The American Federation of Teachers filed a class action complaint earlier this month against the…
Miniseries | E+ | Getty Images Who benefits the most from rent reporting services Rent reporting services track a user’s rent payment history and report them to one or more of the three credit bureaus: Experian, Equifax and TransUnion. Sharing rent payment activity has shown to be beneficial for participants, especially those who are “credit…
Maskot | Maskot | Getty Images More drivers across the country are “underwater” or “upside down” on their auto loans — meaning they owe more money than the car is worth. That’s costing them when it comes time to buy a new car. About 26.6% of trade-ins toward new car purchases had negative equity in…
