Student loan borrowers have something to cheer about in the coming years: refunds. That’s according to The Wall Street Journal, which reported the U.S. federal government is on track to provide $108 billion or more in debt forgiveness for student loans during the next few years. Get...
There are 67 million adults in the United States who are part of the “underserved” market, and those individuals, who do not have bank accounts, paid as much as $141 billion in fees for various financial products last year. Get the Full Story Complete the...
Is the U.S. economy weaker than some of the data might show? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
Making the minimum may require minimum effort … and it provides minimum benefits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
A new report from the Consumer Financial Protection Bureau found student loan borrowers are paying greater than $125 million in interest charges and that more than 8 million people have gone 12 months or more without making any sort of payment on their students loans. Get...
The aftershocks of the financial crisis of 2008 may finally be abating as consumers seem willing to take on more debt and are showing confidence in the U.S economy, according to Bloomberg. Consumers borrowed more in August than they have in the past 12 months,...
Fueled by school loans and purchases of new cars, U.S. consumers borrowed more in August than they have in almost a year, according to a Bloomberg report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Consumers appear to be paying their bills, with the American Bankers Association finding consumer delinquencies fell last quarter to the lowest point in 15 years or more. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Fannie Mae is casting a wider net when it comes to scrutinizing credit details, according to The New York Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
