Are you upside down on your car loan?
Compared to buying a new car with a loan, Consumer Reports says leasing a car will lower your bill by an average of $139 a month. (Provided by Consumer Reports)…
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What Biden’s new student loan repayment plan could mean for some borrowers
WASHINGTON – Immediate relief for some student loan borrowers is expected to start as early as February. The Education Department said it is speeding up its timeline for bringing forgiveness…
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Navy Federal approved less than 50% of Black home loan applications in recent data analysis
JACKSONVILLE, Fla. – The nation’s largest credit union has the widest home loan approval rate gap among Black and white applicants, revealing a racial disparity issue between borrowers with similar…
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Jacksonville man sentenced to prison for using COVID relief loan to fund lavish lifestyle
JACKSONVILLE, Fla. – A Jacksonville man was sentenced to one year in prison after he pleaded guilty to misusing nearly $1 million in Paycheck Protection Program loan money, funds that…
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Why are you for or against student loan debt relief?
The Biden Administration approved debt relief for more student loan borrowers, totaling $9 billion in forgiveness. This is the latest effort by President Biden to offer relief to what the…
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What you need to know as student loan payments resume
JACKSONVILLE, Fla. – In October, millions of borrowers will resume paying their student loans after payments were paused more than three years ago. Interest started accruing on balances last month….
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Student loan repayment resurges after 3-year hiatus. How some borrowers are responding.
JACKSONVILLE, Fla. – Beginning in October, federal student loan borrowers will need to start making payments for their loans after a more than 3-year long pause due to the pandemic….
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BBB warns of new scam as student loan payments set to begin
JACKSONVILLE, Fla. – Student loans will start accruing interest again Friday after a three-year pause. This is the first step toward resuming student loan payments next month. Borrowers will be…
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