Solo borrowers made up nearly two-thirds of mortgages taken out for apartments and almost a third all first-time buyer mortgages, new figures show. Sole borrowers made up 31 per cent of all mortgages ...
Student loan advocates and borrower protection groups across the country have spent much of the last five months preparing for a series of big changes Congress laid out regarding the student loan ...
The Trump administration is asking a judge to grant an 18-month delay for it to comply with the terms of a student loan forgiveness settlement agreed to in the Sweet V McMahon case. The settlement ...
The share of subprime borrowers at least 60 days behind on their auto loans rose to 6.65% in October, the highest level on record, according to Fitch Ratings data going back to the early 1990s.
To many experts, the U.S. economy is looking increasingly "K-shaped," with bifurcation between growth and wealth in its upper echelons as lower-income households continue on a downward path that could ...
For years, the United States has warned developing nations about China’s so-called “debt-trap diplomacy”, arguing that Beijing uses loans to trap vulnerable countries and gain political leverage. Yet ...
The Trump administration has reached a new agreement with the American Federation of Teachers (AFT) that could unlock long-awaited student loan relief for millions of borrowers. Announced last week, ...
There are a lot of advantages to having a good credit score — you'll have an easier time getting approved for that new apartment and you'll often get the best rates on car and homeowners insurance, ...
Democrats swept the major races in this year’s elections, delivering a check on President Trump’s second term — and a negative verdict on his economic leadership so far. Ever since, Trump has been ...
Getting approved for a mortgage is tough. According to the New York Fed, the average rejection rate for mortgage applications rocketed to a decade high of 20.7% in 2024, up from just 12.1% in 2023.
"By selling parts of the federal student loan portfolio, the Trump administration may seek to unlawfully strip borrowers of their legally guaranteed protections," wrote a group of more than 40 ...