Fall semesters at universities across the nation are kicking off. Yet, a majority of students are unsure of how to afford their degree, a recent survey said. Nearly all students (92%) worried they wouldn’t have enough funds to pay for tuition and many planned to use a combination of debt-free…

Many student loan borrowers are anxiously bracing for the impact repayments will have on their personal finance once they begin payments again in October, according to a recent survey. Once payments resume, 62% of respondents anticipate their monthly payments will be less than $250 per month and 13% expect to owe…

If the unemployment rate slightly rises to 4.0% or higher this month, it could signal a recession in October, according to a mathematical model that correctly projected the 2020 recession.  Should the unemployment rate rise to 4.0% or higher in September, the probability of a recession to occur at 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. Borrowers…

Yield curve pioneer Campbell Harvey warned the Federal Reserve against raising rates again later this year, telling FOX Business on “The Claman Countdown” that a recession might still be coming in 2024. Harvey, credited with forwarding the utilization of the yield curve to predict longer-term market issues like recession, also…

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…

While Americans took on debt amid rising interest rates and stubborn inflation following the COVID-19 pandemic, many have turned to personal loans to pay it off, according to the latest data by TransUnion.  The portion of personal loans used for credit card consolidation increased by about 54% in the third…

Although millions have already enrolled in President Joe Biden’s new Saving on A Valuable Education (SAVE) income-driven repayment (IDR) plan, a recent survey said many Americans remained clueless about whether they qualify for this relief. More than 40% of respondents said they didn’t know whether they were eligible for an income-driven repayment…

Total consumer credit increased at an annual rate of 2.5% in July to reach about $4.98 trillion, according to the latest data by the Federal Reserve. Revolving credit including credit cards increased at an annual rate of 9.2%. Nonrevolving credit such as personal loans increased at an annual rate of…

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…