Personal loans

Biden student debt plan creates financial disaster loan cancellation

US President Joe Biden gestures after speaking about student loan debt relief at Madison Area Technical College in Madison, Wisconsin,…

Pesky medical bill? Many people don’t take a key step to manage that debt, study finds

Consumers may feel their medical bills are unyielding, inflexible, set in stone. But that’s not always true: A new study…

Federal judge extends block on Biden’s student debt forgiveness plan

A federal judge has extended a temporary restraining order against the Biden administration’s latest student loan forgiveness plan, threatening the White House…

37% of Americans paid a late fee in the last 12 months, report finds

Many consumers are finding it hard to keep up with their bills. To that point, 37% of Americans have been…

Global debt has grown to $315 trillion this year — here’s how we got here

The world is mired in $315 trillion of debt, according to a report from the Institute of International Finance. This global debt…

Credit card interest rates are at record highs. Cards have ‘never been this expensive,’ CFPB says

Credit card interest rates have ballooned to record highs in recent years — and the growing portion of the formula…

Workers are paying to get part of their paychecks early. It’s ‘payday lending on steroids,’ one expert says

Millions of American workers are paying for early access to their paychecks. In some cases, it can come with a…

Klarna to debut $7.99 monthly plan as buy now, pay later firm seeks new revenue sources ahead of IPO

Swedish fintech firm Klarna is launching a monthly subscription plan in the U.S. to lock in its heaviest users ahead…

Gen Z, millennials say money talks should happen before the relationship gets serious, study finds

While most Americans say couples should talk about money honestly before living together, Gen Z and millennials believe the conversation…

U.S. consumers will soon wake up to ‘out of control’ interest on their credit cards, economist says

The U.S. economy should be able to avoid a recession next year — but a sharp pullback in consumer spending…