Month: June 2022

Americans collectively owe more than $1.74 trillion in student loan debt — a number that is growing as tuition costs continue to rise. Not only that, but a recent Bankrate survey found that 70% of millennial and Gen Z borrowers have put off major milestones, like saving money for retirement, paying off high-interest debt and […]

Students who attended a university based in El Paso, Texas can say goodbye to their student loan debt. The private student loans of over 7,000 former Vista College students were purchased and wiped out by the Rolling Jubilee Fund. The nonprofit social welfare organization canceled $16 million in private student loans. The fund is a […]

If you’re currently enrolled in college, planning to start college this fall, or approaching college age, you’re right to be concerned about the future of student loans. After all, tuition fees continue to rise every year, and all of the proposed “solutions” seem to be about debt cancellation instead of addressing the source of the […]

The Debt Collective erased $16 million in private student loans for former Vista College students. The for-profit company Vista shut down last year and was served a formal notice by the FTC for potential fraud. Activists believe students could qualify for federal debt relief if they can prove they have committed wrongdoing. Loading Something is […]

About 200,000 former students who attended schools they believe defrauded them will see $6 billion in federal loans canceled in a sweeping settlement announced Wednesday, the latest move by the Biden administration to address the crisis student loans by eliminating certain debts. Those who applied for relief — some as early as seven years ago […]

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are our own. Credible Market’s latest private student loan interest […]

I will never forget a case I presided over while I was still a bankruptcy judge in the District of Arizona, the case of a woman I will call Myrna. Myrna had taken out student loans in the early 1970s and then decided to work in public health as a child psychologist in San Diego […]

Juneteenth is unity Anyone who pays attention to the news recognizes that America is steeped in deep racial division. We need a cause celebre to bring people together. I propose that Juneteenth could be that cause. June 19 refers to the June 19, 1865 cavalcade of troops that marched through Texas to enforce the previously […]

Musician and producer Pharrell Williams, who wrote the 2013 hit song “Happy,” made a few students – including one from North Texas – happy Friday by promising to pay off their student loans. Channing Hill reacts when he learns that his student loans have been paid off.(Derrick Johnson) Bedford’s Channing Hill was among five students […]

College Ave and SoFi are two of the most well-known private student loan companies. Both lenders offer loans to undergraduates and graduates looking for money for college funding. Although both lenders offer a good range of loan amounts and repayment terms, they offer different benefits and unique features, especially for graduate students and returning borrowers. […]

Thinking about taking out private student loans? Here’s what to consider. Getty Images/iStockphoto Private student loan rates for 10-year fixed-rate loans are down for the third consecutive week to 5.61% for the week ending June 6, from 5.78% the previous week, according to the latest data. of the Credible personal finance market. Meanwhile, 5-year variable […]

Students and lenders rally for cancellation of student debt Activists hold signs as they attend a student loan forgiveness rally on Pennsylvania Avenue and 17th Street near the White House in Washington on April 27, 2022. Credit – Anna Moneymaker/Getty Images—Getty Images This summer, President Joe Biden has the rare opportunity to take one meaningful […]

What is happening If Navient was your federal loan service, your loans have been transferred to Aidvantage. why is it important With the federal loan break ending in September, you’ll want to know how to log into the Aidvantage website to view your student loan account. And after The payment break might be extended again, […]

What is happening If Navient was your federal loan service, your loans have been transferred to Aidvantage. why is it important With the federal loan break ending in September, you’ll want to know how to log into the Aidvantage website to view your student loan account. And after The payment break might be extended again, […]

Making student loan payments can seem like a daunting task, especially if you’re struggling financially. If you’re looking for a way to lower your monthly payment and improve your cash flow, refinancing is one strategy. However, before deciding to refinance, it is important to consider your personal circumstances and whether it makes sense to choose […]

GOBanking Rates Score Quick take: Great Lakes is one of the best federal loan managers available. It offers a wide range of payment options and borrowers have several verticals to communicate with the support team. Loans Payment Features Customer service How did we calculate this? Advantages Flexible payment options Good customer support […]

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are our own. Student loans with co-signer release let your […]

President Joe Biden is set to “write off” $10,000 in student loan debt per borrower, for a total of $360 billion in loan elimination. It may seem like a simple and straightforward solution, but the direct result will be to increase inflation, drive up college costs even further, and put less expensive and more effective […]

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are our own. Applying with a co-signer can make it […]

Looking at many different lenders and comparing terms can help you find the best rate. Make more than the minimum payment each month and try to make additional payments if possible. If you are looking for a student loan, prioritize federal options before getting a private loan. Loading Something is loading. If you need to […]

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are our own. Trade school student loans can help you […]

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are our own. If you are no longer satisfied with […]

Parent helping child move house Getty Parents are often ready to do anything to help their children receive a good education, even when it is a financial challenge. As the price of higher education has risen dramatically, more and more parents have turned to borrowing to bridge the gap between grants and scholarships and even […]

U.S. Department of Education announced discharge, PA students will receive $131 million in relief HARRISBURG — Attorney General Josh Shapiro has voiced support for planned debt relief for former Corinthian college students, following an announcement by the U.S. Department of Education to pay off millions in federal student loans for these students. Former students of […]

They also discovered an obscure clause in the law governing loans: if borrowers were significantly misled by their school, they could ask the government to cancel their loans. Much like a bank appraises a house before issuing a mortgage, the Department of Education is supposed to make sure that the programs it lets pay for […]

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are our own. Credible Market’s latest private student loan interest […]

Lafayette, The (KADN) – Each May, federal student loans get a new fixed interest rate for the upcoming school year. This year, new student borrowers will see an increase that previous buyers have not seen. Just two years ago, federal student loan borrowers saw the lowest interest rates ever on their loans, but this fall, […]