If you are like many other ambitious professionals, you probably feel like your financial circumstances are among the things in life that you can directly control. You determine how much you put on your credit cards and how much you pay toward the balance owed on...
https://studentaid.gov/announcements-events/idr-account-adjustment On April 19, 2022, the U.S. Department of Education (ED) announced several changes and updates that will bring borrowers closer to forgiveness under income-driven repayment (IDR) plans. These...
https://www.consumerfinance.gov/about-us/blog/ffelp-student-loan-borrowers-take-full-advantage-of-fixes-to-income-driven-repayment/ By Kate Mullan – MAY 25, 2022 Under income-driven repayment (IDR) plans, federal student loan borrowers can have the remaining balance...
The credit impact of a bankruptcy filing is a major deterrent for the average adult coping with more debt than they can handle. While people recognize that their financial circumstances are not sustainable and that eliminating some debt would be beneficial, they worry...
https://www.cnbc.com/2022/04/13/struggling-renters-can-still-apply-for-up-to-18-months-of-federal-aid-.html Billions of dollars in federal rental assistance is still available to struggling renters, though some states are running out of funds. As a result, tenants who...
https://www.cnn.com/2022/05/06/economy/consumer-credit-debt-march/index.html Americans are racking up debt at record rates. Consumer debt levels for March 2022 climbed by $52.4 billion, an annual increase of 14%, seasonally adjusted, according to Federal Reserve data...
https://www.consumerfinance.gov/about-us/newsroom/consumer-advisory-dont-give-money-or-information-to-scammers-promising-student-loan-forgiveness/ Recognizing student loan scams Our infographic highlights red flags for student loan borrowers to watch out for. Download...
On April 19, 2022, the U.S. Department of Education (ED) announced several changes and updates that will bring borrowers closer to forgiveness under income-driven repayment (IDR) plans. These adjustments to borrower accounts include conducting a one-time revision of...
On April 6, 2022, President Biden directed the U.S. Department of Education to extend the coronavirus-related payment suspension and 0% interest rate on certain federal student loans for four months. The payment suspension was due to expire at the end of April, but...
Dealing with debt can be a very difficult issue. You may have worked overtime to pay back what you owed or turned to settlement options to resolve debts in the past. When you have debts with multiple creditors and try to manage them all, it can become difficult and...
