Even with payments currently paused, borrowers need a strategy that doesn't count on forgiveness for federal loans.
Buying a home is a very complicated transaction, making it easy to fall for some of the most common and costly home buying myths. PennyGem’s J…
Business loans are great to help build your business or to step in during hard times. But before you sign on the dotted line, PennyGem’s Lenne…
If you’re trying to make ends meet or want to simply save some money in 2021, here are seven easy ways to reduce your car costs.
Safety-wise, there’s a lot riding on your tires. But many car owners don’t routinely inspect the rubber they are riding on or know what to look for. “Tires are what…
New salary data shows that business school graduates from top-tier programs continue to have strong earning potential, despite the ongoing pandemic. For example, the median base salary among class of…
Talk of student loan forgiveness has borrowers looking forward to 2021. But many already benefited from some unprecedented events in 2020: An administrative forbearance has paused most federal loan payments…
If she could do it over, Vy Chuong says she would. Chuong, 26, from Seattle, refinanced roughly $55,000 in federal student loans with a private lender in February. A month…
While a large share of student loans are currently in forbearance due to COVID-19 aid programs, students—many of whom might struggle to find work in a depressed economy—will be put in a precarious situation when aid programs end.
The pause on federal student loans began March 13 as part of the original coronavirus relief package and has now been extended twice by the Trump administration, most recently through Jan. 31.
The new year could spell trouble for millions of student loan borrowers who haven’t had to make a payment since March. The payment pause, known as a forbearance, began March…
President-elect Joe Biden’s proposal to forgive $10,000 of federal student debt as COVID relief could erase loan balances for 15 million borrowers and reduce balances for millions more, according to…
A point-of-sale loan lets you break down a purchase into a series of smaller payments, so you can buy now and pay later. In recent years, point-of-sale financing has rapidly…
Baby boomers now owe the most student debt, according to new data from the financial services company Fidelity. Their average outstanding loan balance: $75,000. The research says that’s due in…
If you’re ready to start building your home office, here are tips for managing the costs, plus financing options for more extensive projects.
The amount medical students borrow to pay for school has risen more than 17% since 2012, according to a new report from the Association of American Medical Colleges. But those…
Electric cars now drive farther, charge faster and come in nearly every price range. But when GMC began promoting its Hummer EV pickup truck to be released this year, it…
With fixed interest rates as low as 3%, it’s a great time to refinance private student loans. Except if you can’t. Mario Martinez, a 29-year-old from Houston, owes approximately $130,000…
Recent bankruptcy court rulings and lawmakers' support of relief for overburdened borrowers may signal a change is coming.
Students are not submitting as many financial aid applications as they typically would this fall because fewer would-be students are attending college — another example of economic fallout from the…
That leased car gathering dust in your driveway might have hidden cash in it. Dealers facing tight inventories are scrambling to buy good used cars to resell. They might be…
The average debt among undergraduate students with loans in the class of 2019 is $28,950, according to a new report from The Institute of College Access and Success, a nonprofit…
Entry-level jobs are scarce for recent college graduates, which leaves the Class of 2020 in a precarious position as their student loan debt comes due. Taylor Cabrera has been job-hunting…
College enrollment is down overall compared with last year due to the coronavirus. But the economic effects of the pandemic may actually be pushing some students back to school. “(It’s)…