As much as £5bn of state-backed government Covid-19 emergency loans are at risk of not being repaid, according to estimates by officials and bankers, who said the initial data suggested that defaults...

With more and more millennials foraying into the world of investing, the 426 million-strong young India are earnestly preparing for their financial futures early on. With Gen Y comprising around 47 percent...

Most credit card issuers provide different categories of cards offering higher rewards on specific transactions based on the target consumer group’s spending habits. Fuel credit cards are aimed at those incurring huge expenses on...

The bill signed into law by President Joe Biden increased the Child Tax Credit from $2,000 to up to $3,600 and allowed families the option to receive 50% of their 2021 child...

“With the pause on federal student loan payments set to expire at the end of September, refinancing your private student loan may be an option to lower your monthly payment and save...

If you're an everyday investor trying to sift through Reddit threads and YouTube tutorials, this is for you. Here are a few common mistakes to avoid and some actionable tips to get...

Ask a consumer expert what would happen with credit card loan balances during a recession and the answer wouldn’t be that balances decline sharply and Americans avoid a wave of card delinquencies....

The bank’s reported pre-tax profit more than doubled from a year ago to $10.84 billion in the January-to-June period this year. Analysts’ estimates compiled by the bank had pointed to a $9.45...

Federal student lending began when the Soviet Union launched the satellite Sputnik and kicked off the Space Race. Senate Majority Leader Lyndon Johnson, who had benefitted from a student loan himself, pushed the federal...