After finding legal loopholes around the Supreme Court’s student loan decision, one personal finance expert unveiled what the Biden administration isn’t broadcasting about its new repayment plan. “They’re really pulling the wool over people’s eyes because they go: oh, there’s forgiveness here, I don’t have to pay my loan,” Jade…

With debt reaching more than $17 trillion and ongoing interest rate increases, many Americans have seen inflation eat away at their incomes, according to a TransUnion survey. In fact, 46% of consumers said their incomes did not keep up with the rate of inflation in the second quarter of 2023,…

With the federal pause on student loan repayment set to end after the summer, many borrowers with student loan debt said they’re concerned about falling behind on their payments, according to a report by Morning Consult.  In fact, 62% of borrowers said they expect to miss at least one payment,…

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. Rates…

President Joe Biden’s administration announced Friday it would forgive $39 billion in student debt for more than 800,000 borrowers.  The Department of Education said these efforts are part of fixes to income-driven repayment (IDR) plans. Under these plans, borrowers could have their remaining loan balances forgiven after making payments for…

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…

A growing number of Americans with federal student debt feel financially unprepared to restart loan payments when they resume later this year, a recent survey said.   Student loan payments are set to pick up again in October after a 42-month payment and interest rate pause, according to the Department of Education.…

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…

Following the Supreme Court’s decision to strike down President Joe Biden’s student loan forgiveness plan, the White House is launching a new effort for student debt relief.  Biden wants to launch a new student loan forgiveness plan under the Higher Education Act (HEA) of 1965, which allows the Education Department…