The Department of Education says it paused the garnishment of Social Security benefits among defaulted loan borrowers, with ...

Senator Elizabeth Warren voiced concern over a GOP-backed plan that could raise student loan payments by $5,000 a year for ...

While lower interest rates may be tempting, getting a personal loan is inherently riskier during a recession due to the greater chance of being laid off from your job.

Explore the rise in car loan delinquencies amid economic challenges. Discover key insights and implications for borrowers.

The lingering effects of high inflation coupled with high interest rates have made it harder in recent years for many Americans to get ahead.

Millions of borrowers saw their credit scores plummet in the first quarter, which could make major purchases like buying a ...

Defaulted student loans happens when there are no payments ... for consumers to spend is going to have an impact on the future of our economy. “In 2025, there are multiple factors at play ...

Student loan collections resumed May 5. Experts say it could spark a wave of defaults. Texas Conservatives Want a California Monument Gone The Dowager Countess of Strathmore and Kinghorne ...

Defaulted student loans ... credit score effects show up with delinquencies – that’s when the credit score takes the hit,” Judith Scott-Clayton, a professor of economics and education ...

Consumer spending accounts for roughly 70% of U.S. economic activity. Potential downward pressure from student loan repayments comes ... difficult to predict the impact of any one of these levers.” ...

Collections, which have been paused since March 2020, will resume on May 5 and are expected to impact roughly 5.3 million borrowers currently in default on their federal student loans.