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Secured Loans 2.0 — why more and more Indians are turning to gold, shares and mutual funds to get loans
Indians are increasingly turning to secured loans like gold loans and loans against securities (LAS…
Simply Put: Secured Loans 2.0 — why more and more Indians are turning to gold, shares and mutual funds to get loans
Gold loans are surging in India, driven by rising gold prices and a desire for quick cash. Loans a…
One chip company's newest tactic to attract workers: Help pay off their student loans
GlobalFoundries, a New York-based chipmaker, is offering employees up to $28,500 in student debt re…
Jacob Zinkula
Credit card growth experiencing a slowdown, as borrowers struggle to pay back loans
Growth in credit card spending across the system has dropped to about 13% year-on-year (y-o-y) in A…
I got married at 25 and took a personal loan of $15,000 to pay for the wedding. I don't regret it.
The author and her high school sweetheart took out a loan to pay for their wedding. It took them fi…
Jessica Tzikas
Simply Put: Boom or bust — how RBI’s decision to leave rates unchanged affects homebuyers
The RBI keeps repo rates at 6.5% for the 10th time despite global rate cuts. This decision affects …
A major student-loan company is being punished for preventing over 460,000 borrowers from accessing cheaper monthly payments
The Education Department placed a second penalty on student-loan company MOHELA over failure to pro…
Ayelet Sheffey
Boom or bust — how RBI’s decision to leave rates unchanged affects homebuyers
If you're an aspiring homebuyer, now is not the time. And if you're already paying home loan EMIs, …
I make my son pay for his college tuition. If he gets good grades each semester, I pay him back.
I want my kids to understand just how costly college really is. So I make my son pay upfront, and t…
Rachel Cherry White
A millennial with a doctoral degree and over $250k in student loan debt says she's been looking for a job for 4 years. She wishes she prioritized work experience over education.
A millennial said she regrets her degrees and recommends people do their homework before pursuing h…
Jacob Zinkula
Millions of student-loan borrowers are waiting for broad debt cancellation. The next president won't have any immediate answers.
Millions of student-loan borrowers were counting on debt cancellation under Biden. Then came the la…
Ayelet Sheffey
Big banks are bracing for losses as Americans struggle to pay off debt
Banks are building cash reserves as more and more Americans struggle to pay off credit card, auto, …
Jacob Zinkula
Inside the 24-hour legal whiplash that sent 30 million student-loan borrowers into limbo
In the morning, a court handed millions of student-loan borrowers a lifeline. By the evening, a dif…
Ayelet Sheffey
Kamala Harris wants to expand student-loan forgiveness for 10,000 doctors and nurses who agree to work in rural areas
Vice President Kamala Harris is proposing an expansion of student-loan forgiveness programs to recr…
Ayelet Sheffey,Juliana Kaplan
8 million student-loan borrowers enrolled in Biden's new repayment plan won't have to make payments for at least another 6 months
The Education Department extended the student-loan payment pause by at least 6 more months for borr…
Ayelet Sheffey
8 million student-loan borrowers struggling to afford key long-term expenses could get debt cancellation through a new Biden proposal
The Education Department released its proposal to get student-debt relief to borrowers facing finan…
Ayelet Sheffey
A millennial who made $170,000 secretly working two remote jobs says it helped him pay off about $50,000 in student loans
An Arizona-based millennial said secretly working a second remote job doubled his income and helped…
Jacob Zinkula
I didn't cosign my kids' student loans because I couldn't take on more debt as a single mom. I supported them in other ways.
I didn't cosign my sons' student loans because I already had a mortgage and a car loan. Instead, I …
Lisa B. Samalonis
The sneaky way to pay less for a new EV
More EV shoppers are turning to leases for lower monthly payments.
Nora Naughton
Here’s how one can use the avalanche method to pay off lingering debts
One of the best debt payment strategies is known as the avalanche method. The process is simple. Yo…