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...
Millions of Americans have started investing during the pandemic. And while the market has started to get a bit wobbly lately, stocks are still near all-time highs. So now is actually a...
Your first credit card will help you with more than just making purchases. Being ready for a credit card isn’t about age, according to Beverly Harzog, a credit card expert and consumer finance...
The IRS began issuing another 1.5 million tax refunds this week to people who received unemployment benefits in 2020. That adds to the nearly 9 million refunds, worth about $10 billion, the agency sent...
Josh Mitchell’s profile of Al Lord is a compelling look into the making of the federally guaranteed student-loan program that owns 92% of student loans outstanding today (“A Student-Loan Titan Thinks Twice,”...
Millions of Americans have started investing during the pandemic. And while the market has started to get a bit wobbly lately, stocks are still near all-time highs. So now is actually a...
CRED launched two new products for its users – CRED RentPay and CRED Stash, available to users who have a credit score of 750 and above. CRED RentPay allows users to pay their rent on credit....