June 29, 2024
Loans

Another Student Loan Payment Pause Is Coming for Millions of Borrowers

Viva Tung/CNET; Getty Images Key takeaways The Department of Education is pausing student loan payments for nearly a million SAVE borrowers in July. The forbearance period gives the DOE time to recalculate according to the new formula that will reduce payments from 10% of your income to 5%. You have until June 30 to consolidate

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Loans

Student Loan Payments Will Be Paused in July for Nearly a Million Borrowers

Viva Tung/CNET; Getty Images Key takeaways The Department of Education is pausing student loan payments for nearly a million SAVE borrowers in July. The forbearance period gives the DOE time to recalculate according to the new formula that will reduce payments from 10% of your income to 5%. You have until June 30 to consolidate

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Finance

I’ve Had an 800+ Credit Score for the Last Decade. Here’s My Secret

Key takeaways Your credit score is determined by a number of factors, and some carry more weight than others. An exceptional credit score isn’t necessary — most loan providers offer favorable terms and rates to those with credit scores of 670 or higher. Raising your credit score requires time, patience and responsible credit usage. As

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Loans

Complete Guide to Mortgages: What Type of Home Loan Is Best for You?

When you’re shopping for a home, you’ll be making many decisions, from the price of the house you can afford to the neighborhood you want to live in. Another important decision is the type and length of your mortgage. There are several types of mortgages, each offering unique characteristics and benefits. The right type of

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