It’s getting harder to qualify for a car loan. Lending tightened in August for the fourth straight month. The Dealertrack Credit Availability Index tracks data from car loan applications to Read more
Tag: Loan
Finding Right SBA Loan For Your Business
Whether you are thinking of starting a business or you are already running one, money is your lifeline. Small businesses have financing as a major factor in keeping their businesses Read more
Webinar: Aug. 19: MarketWatch – Making Sense Of The Latest Student Loan News by Barron’s Events
Betsy is the President and Founder of The Institute of Student Loan Advisors (TISLA). She has been working in the student loan industry doing compliance and advocacy work for over Read more
Taxpayers are owed more than $1 billion related to the student loan program — but not from borrowers
Hello and welcome to Extra Credit, a look at the news through the lens of debt. After a hiatus for parental leave, I’m back and digging into who pays for Read more
Student loan debt-collection system is too harsh: Education Department official
Defaulting on your student loans could lead to the federal government withholding your wages, your tax refunds and possibly your Social Security income — a process that’s both blunt and Read more
Equifax’s credit score errors added $154 to Florida woman’s monthly car loan payment, lawsuit alleges
A Florida woman says she’s paying roughly $150 extra each month on a car loan because Equifax’s recently revealed coding error allegedly sunk her credit score — and now she’s Read more
FHA loan requirements, limits and rates for 2022
What you need to know now about FHA loans. Getty Images/iStockphoto Many people looking for an affordable mortgage — especially buyers who might not have a lot of savings for Read more
‘Savings are gonna run out’: Already battered by high inflation, Fed’s rate hike will hit lower-income and rural Americans hard
The Federal Reserve hiked its benchmark rate by 0.75 percentage points on Wednesday in an effort to temper the rising costs of consumer goods and services. While economists say raising Read more
When student loan payments restart, will borrowers be able handle the pressure of inflation?
After nearly two and a half years of pandemic relief, federal student loan payments will restart after the pause expires Aug. 31 — unless it’s extended for the seventh time. Read more
Feds tell student loan servicers to hold off on sending billing statements
WASHINGTON — The federal government’s student loan servicing contractors have been instructed to hold off on sending billing statements ahead of an Aug. 31 deadline for ending the pandemic freeze on loan Read more