Student loan debt has reached well into the trillions topping $1.6 trillion in 2023. With loan forgiveness still not on the horizon for many, borrowers across the country continue to shoulder their student debt. The office of Federal Student Aid maintains a record of the specific student loan debt in…

I’m a longtime reader of your column and I never thought I’d be writing to you, but I guess here we are. I’ve had a hell of a year. I lost my job and found another one, split from my long-term partner and lost half of my social life, moved…

The S&P 500 gained 26.29% during 2023 when you include the return from dividends. This 2023 return more than offset the 18.11% loss during 2022. With numbers like that, pre-retirees and retirees may feel like they’re being whipsawed by the stock market. If you’re retired, should the 2023 return be…

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…

President Joe Biden reiterated Tuesday his administration aims to “keep going” with canceling federal student loan debt. “My Administration has cancelled student debt for 3.6 million people through various actions, bringing the promise of higher education to more hardworking Americans,” he wrote on social media platform X. “And we’re going…

The housing market is overvalued in 88% of U.S. metropolitan areas, according to a new report by Fitch Ratings. The ratings agency said Wednesday that housing was overvalued by 9.4%, nationally, in the second quarter of 2023. The agency said it expects prices to remain elevated, with prices having climbed…

The Corporate Transparency Act (“CTA”) is upon us. January 1 all new entities have to register with the FinCEN. Unless Congress acts to defer filings for pre-2024 entities, those will be required to be filed by January 1, 2025. While there have been extensive articles discussing in some detail the…

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…

Dear Big Move, I bought a marital home and have been paying the mortgage for the duration of the life of the loan. The home is located in Philadelphia, where we have both resided for eight years. My wife and I are on the verge of a separation and I…

A number of CMOs either choose to retire early (their 50’s) or they transition into an entirely different career. As somebody who left the CMO world behind in my 40’s to pursue a career in academia, I appreciate the allure of change at this point in life. To understand what…