A growing number of Americans are worried about defaulting on their student loan debt after a three-year payment hiatus, according to new data published by MassMutual. The data, published Tuesday morning, indicates that three months after the federal student loan payment pause ended, about three in five affected individuals are…

Americans are earning more, but rising costs and high interest rates have outweighed the benefits of higher pay, according to a recent study by Achieve.  Despite having higher income, consumers who are grappling with significant levels of debt are currently in a worse financial situation compared to those who faced similar challenges…

After years of debate on wealth taxes, the fight over how to increase taxes for the country’s richest people could be spilling into the U.S. Supreme Court.On Tuesday, the court will hear arguments about one part of the 2017 Trump tax cuts, which levied a tax on foreign subsidiary earnings…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. Borrowers…

Global political events wield substantial influence over financial markets in today’s interconnected world. Ignoring the impact of international politics on your portfolio can be a costly oversight. Political decisions, geopolitical tensions, and global conflicts can dramatically sway market dynamics, affecting investment returns. Understanding how to assess and respond to political…

At the start of 2023, prior year uncertainty and economic turbulence persisted, which caused concerns and market volatility. However, as we approach the end of 2023, there is cause for optimism. The market has rebounded, economic data indicates a strong labor market, and wages are keeping up with inflation. While…

Swiss private bank Banque Pictet et Cie SA has admitted that it conspired with U.S. taxpayers and others to hide more than $5.6 billion in 1,637 secret bank accounts in Switzerland and elsewhere, and to conceal from the IRS the income generated in those accounts. The bank entered into a…

The “Center for Art Law Report on Anti-Money Laundering and Art” [1]is an enlightening and comprehensive guide that explores the practices of Anti-Money Laundering (AML) in the art sector across EU member states and the UK, following the enforcement of the EU’s 5th AML Directive in 2018. This Directive brought…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The…

Brace yourself for a cautionary holiday tale.A few years ago, a group of friends pooled their money to give me a gift certificate to a popular spa chain during a bleak period in my life. It was enough to cover a few treatments, including a massage, facial and mani-pedi, so…