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How Fed Rates Influence Mortgages, Credit Cards and More
Posted inAutomobile Financing Banking and Financial Institutions Credit Cards Federal Reserve System Interest Rates Mortgages Student Loans

How Fed Rates Influence Mortgages, Credit Cards and More

Higher rates benefit those who can save, but for borrowers, falling rates would reduce bills on credit cards, home equity loans and other forms of debt.
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Posted by By Tara Siegel Bernard
Biden Administration Pauses Student Loan Payments for Millions
Posted inBiden, Joseph R Jr Education Department (US) Federal Courts (US) Personal Finances Student Loans

Biden Administration Pauses Student Loan Payments for Millions

Eight million borrowers enrolled in the repayment plan known as SAVE will be placed in an interest-free forbearance while the administration deals with legal issues.
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Posted by By Tara Siegel Bernard
Biden’s Student Loan Repayment Plan Blocked by Federal Appeals Court
Posted inBiden, Joseph R Jr Education Department (US) Federal Courts (US) Personal Finances Student Loans

Biden’s Student Loan Repayment Plan Blocked by Federal Appeals Court

Eight million borrowers who are enrolled in the plan, known as SAVE, are left in limbo after a series of rulings tied to two lawsuits brought by Republican-led states.
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Posted by By Tara Siegel Bernard
Nearly Half of Student Loan Borrowers Are Not Yet Paying Their Monthly Bill
Posted inBiden, Joseph R Jr Colleges and Universities Coronavirus (2019-nCoV) Education Department (US) Federal Aid (US) Law and Legislation Student Loans Trump, Donald J

Nearly Half of Student Loan Borrowers Are Not Yet Paying Their Monthly Bill

Millions of people are overdue on their federal loans or still have them paused — and court rulings keep upending collection efforts.
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Posted by By Stacy Cowley

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