Americans have accrued more than $1 trillion in student loan debt and millions of borrowers will see their first student loan bill this October after a three-year pause. Many are turning to different sources for help – including their employers.  In fact, the share of job descriptions that mention some…

Borrowers unable to meet their student loan debt obligation come October will be automatically enrolled into a 12-month on-ramp period if they miss or are late with payments, according to a recent blog. The temporary on-ramp period introduced by President Joe Biden’s administration after a forgiveness plan was struck down…

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…

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…

With student loan payments resuming after a federal payment pause that lasted more than three years, millions of borrowers could now be struggling with their budgets.  “For Americans who have student loan debt, the Supreme Court’s ruling overturning the Biden Student Debt Relief plan is expected to hurt, with almost…

As Americans deal with stubborn inflation, they’re increasingly turning to credit cards to make ends meet. In fact, credit card originations rose 0.16% month-to-month in August, according to the latest data from VantageScore. And the average credit card balance jumped 11.1% year-over-year to reach $6,082.  “In August, lenders tightened access…

The Biden administration announced Wednesday that an additional 125,000 student loan borrowers would receive a portion of $9 billion in additional debt forgiveness. The relief comes through fixes the administration made to income-driven repayment (IDR) and Public Service Loan Forgiveness, and by canceling debt for borrowers with total and permanent…

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. During…

President Joe Biden announced the next steps toward student loan forgiveness on Friday, which would include a more limited amount of eligible borrowers than the mass debt relief it previously offered.  The Education Department said in a statement that it would hold meetings in two weeks to discuss how to provide debt…

Student debt will limit how much some Americans can save for retirement as monthly payments resume this week, according to a recent survey. Three out of four borrowers surveyed by Corebridge Financial said that resuming student debt payments will impact their ability to save for retirement. More than one in five borrowers…