student loans

NY Fed Research Says Mortgage Forbearance Skews Credit Scores
NY Fed Research Says Mortgage Forbearance Skews Credit Scores
June 08, 2021  |  Economy

The pandemic is ebbing, and the U.S. economy is — in lumpy fashion, to be sure — reigniting. That means forbearance programs are due for...

READ MORE >
US Consumers Defer Payments On More Than 100 Million Loans
US Consumers Defer Payments On More Than 100 Million Loans
June 18, 2020  |  Loans

There are now more than 100 million skipped payments on student loans, auto loans and other kinds of debt, according to a report by The...

READ MORE >
US Household Debt Hits All-Time High
US Household Debt Hits All-Time High
May 05, 2020  |  Debt

Household debt has risen substantially in 2020 thus far, shooting up to $14.3 trillion, a number bypassing the height of the Great Recession by $1.6...

READ MORE >
Have We Seen The Bottom Of The Student Loan Delinquency Crisis?
Have We Seen The Bottom Of The Student Loan Delinquency Crisis?
May 04, 2020  |  Consumer Finance

Long before the advent of the COVID-19 epidemic and the litany of financial and economic disruptions brought in its wake, the student loan situation in...

READ MORE >
Deep Dive: Paper Checks: The Bane Of Student Disbursements?
Deep Dive: Paper Checks: The Bane Of Student Disbursements?
February 14, 2020  |  Disbursements

U.S. college students must stay on top of numerous bills — including healthcare, housing, textbooks and tuition — so they can fully focus on their...

READ MORE >
Household Debt Exceeds $14T After 2019 Spike
Household Debt Exceeds $14T After 2019 Spike
February 11, 2020  |  Debt

Household debt in the U.S. has reached a 12-year high, rising more than $600 billion last year –the highest since right before the financial crisis...

READ MORE >
Discover’s Payment Services Drive Network Volumes Up 9 Pct
Discover’s Payment Services Drive Network Volumes Up 9 Pct
January 23, 2020  |  Earnings

Discover Financial Services posted fourth-quarter results that topped earnings expectations on the heels of loan growth and payments volume. In terms of headline numbers, diluted earnings per...

READ MORE >
CFPB Charges Student Loan Debt Relief Firms With Unlawful Behavior
CFPB Charges Student Loan Debt Relief Firms With Unlawful Behavior
January 10, 2020  |  CFPB

The Consumer Finance Protection Bureau (CFPB) has filed lawsuits against several companies offering to forgive student loan debt for allegedly obtaining peoples’ data illegally, charging...

READ MORE >
SoFi Founder Mike Cagney Notches Near-$103M For New FinTech
SoFi Founder Mike Cagney Notches Near-$103M For New FinTech
December 02, 2019  |  Investments

Silicon Valley’s Figure Technologies, co-founded by SoFi Founder Mike Cagney, has raised $103 million in a Series C funding round, reports said on Sunday (Dec....

READ MORE >