Today, the Biden-Harris Administration announced that next month it will start providing forgiveness after as few as 10 years of payments for borrowers on the Saving on a Valuable Education (SAVE) Plan who originally took out $12,000 or less for college.
BOSTON — Today, Attorney General Andrea Joy Campbell announced a $1.8 million settlement with Nelnet, Inc. (Nelnet), one of the nation’s largest federal student loan servicers, resolving allegations that the company failed to appropriately communicate with borrowers about renewing Income-Driven Repayment (IDR) plans that provide access to affordable payments.
During the third quarter, large bank credit card nominal balances continued to grow, and all stages of delinquency approached the highest levels on record since 2012, according to a report released Thursday (Jan. 11) by the Federal Reserve Bank of Philadelphia.
After two years of persistent inflation and economic uncertainty, consumers have adopted a range of conservative attitudes across consumer products and services.
WASHINGTON, DC – Today, Congressman Scott Fitzgerald (WI-05), Congressman Brad Sherman (CA-32), Congressman Juan Vargas (CA-52), and Congresswoman Young Kim (CA-39) co-introduced the Expanding Access to Lending Options Act. This bill would expand credit options for Americans by giving credit unions the flexibility to offer longer loan terms and lower monthly payments, thus creating greater competition for lending products including small business, student, and agricultural loans.
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