Student-loan borrowers won’t have to resume payments on their federal direct student loans until October, the incoming Biden administration announced Wednesday. After he’s sworn in as President, Joe Biden plans to ask the Department of Education to “consider immediately” extending the coronavirus-era pause on student-loan payments and collections until at …
Read More » Once in office, President-elect Joe Biden will extend the coronavirus-era payment pause on student loans, a member of his transition team told reporters Friday. “On Day 1, the president-elect will direct the Department of Education to extend the existing pause on student-loan payments and interest for millions of Americans with …
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Borrowers will get one more month of reprieve from their student loans. photo by robyn beck/Agence France-Presse/Getty Images Student loan borrowers will get at least one more month of reprieve. The Department of Education announced on Friday that Secretary of Education Betsy DeVos extended the coronavirus-era freeze on student loan …
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Your payment history is the biggest factor in determining your credit score making up 35% of your overall credit score. Only your credit utilization ratio (makes up 30% of your score) comes close to having as profound an effect on your score as your payment history does, This article explains …
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I have measured out my life with coffee spoons;I know the voices dying with a dying fallBeneath the music from a farther room.So how should I presume? “The Love Song of J. Alfred Prufrock” by T.S. Eliot Dear Moneyist, My wife and I purchased a home a year ago. I …
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Can You Use a Personal Loan for a Down Payment on a House? The short answer to the question is no. Conventional and government-backed home loans do not allow for the down payment to come from a loan of any kind. Lenders want the down payment funds to come directly …
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All this remote working stuff might have you thinking what many others are thinking, “Why am I paying high rent to live within an easy commute to the office when I can live anywhere?” And if you can live anywhere, you can probably also afford a monthly mortgage payment. It …
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If you find yourself saying, “My rent is too high to save money for a house,” you’re not alone. In fact, back in 2010, a Brooklynite running for governor made the phrase go viral. Many renters find themselves in the troublesome position of putting a majority of their take-home pay …
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The coronavirus pandemic has us all concerned about our health, the safety of friends and family and about our jobs. Businesses that haven’t closed have probably seen a significant loss of revenue, leading to record numbers of workers experiencing a partial or total loss of income. While waiting to return …
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