3 Surprising Credit Card Debt Forgiveness Costs to Know

Worried about missing credit card payments? 4 things to do now

More Americans are worried about missing their credit card payments. If you're one of them, take these steps now.

Goldman and Apple fined $89mn over US credit card programme

Consumer regulator says companies ‘illegally sidestepped’ obligations in latest setback for struggling partnership

Business - Financial Times - October 23

How far will credit card interest rates fall in November?

There may be another Fed rate cut on the horizon in November. Here's how it could impact credit card rates.

Credit card interest rates are surging: How to lower yours now

The average card rate now surpasses 23%, a record high. Luckily, there are rate-reducing strategies that can help.

How Fed Rates Influence Credit Cards, Loans, Savings and More

Here’s how the central bank’s interest rate moves influence car loans, credit cards, mortgages, savings and student loans.

Business - The New York Times - 2 days ago

When can a credit card company sue you for non-payment?

If your credit card debt goes unpaid for long enough, you could face legal consequences. Here's when it may happen.

Biden forgives more student loans: 60,000 borrowers will get notices canceling $4.5 billion in debt

The Biden administration announced on Thursday that it was forgiving another $4.5 billion in student debt for over 60,000 borrowers.

Business - CNBC - October 17

Biden’s Student Loan Forgiveness Program Has Canceled Debt for Over One Million People

An effort to revive and maximize use of the Public Service Loan Forgiveness program has resulted in student loan forgiveness for over one million people.

Top stories - The New York Times - October 17

Student-loan borrowers facing financial hardship could get debt forgiveness — if Biden’s new plan survives

Student-loan borrowers struggling financially may have a path toward debt relief if the Biden administration gets its way.

Business - MarketWatch - October 25

Biden's latest student debt plan would create forgiveness path for borrowers facing financial ruin

The Biden administration introduced a proposal to deliver student loan forgiveness to millions of people experiencing devastating financial hardship.

Business - CNBC - October 25

Consumer credit posts small increase as Americans cut back on credit-card purchases

The amount of credit U.S. consumers used in September rose a scant 1.4%, but the increase was tied mostly to student loan as Americans scale back on borrowing.

Business - MarketWatch - 2 days ago

3 reasons to consider debt relief this November

Not sure if your situation warrants the help of a debt relief servicer? Here are three timely reasons why it may.

Rivian Reassures Investors With Cost Cuts, Green Credit Sales

Despite weak EV demand, the truck maker said it’s on track to make a gross profit in the last three months of the year.

Business - Inc. - Yesterday

FICO and VantageScore are the 'Coke and Pepsi' of credit scoring, says credit expert—what to know about each

Although your VantageScore and FICO credit scores are calculated differently, the key to maintaining healthy scores is the same, according to credit expert.

Business - CNBC - October 31

Do Arsenal have a red card problem - and could it cost them the title?

Just eight games into the Premier League season and Arsenal have already had three players sent off - but just how costly could it be?

2 in 5 U.S. credit card holders have topped out their spending limit

Lower-income earners and older people are more likely to say they've maxed out a card since the Fed starting hiking interest rates.

Nearly 2 in 5 cardholders have maxed out a credit card or come close, report finds

Higher prices and higher interest rates have caused many Americans to use more of their available credit. Gen X is particularly stretched.

Business - CNBC - October 17

Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds

Credit card APRs are edging lower after the Federal Reserve cut interest rates by a half point, but not by much.

Business - CNBC - November 1

3 home equity loan risks to know this November

Home equity loans can be helpful for borrowers now but there are some risks to know this November. Here are three.

Retiring to another state for lower taxes? The hidden costs you need to know.

Moving can work out well financially, but there are some expenses that you may be overlooking

Business - MarketWatch - 4 hours ago

Trump and Harris would add trillions to the national debt. Here’s why it could lead to higher costs for households.

The combined cost in new debt of former President Donald Trump’s and Vice President Kamala Harris’s tax and spending proposals would dwarf those put forward in previous election cycles, according ...

Business - MarketWatch - October 18

Moderna posts surprise profit as Covid vaccine sales impress, cost cuts take hold

Moderna said its newest Covid vaccine saw benefits after winning approval in the U.S. three weeks earlier than the last iteration of the shot did in 2023.

Business - CNBC - 2 days ago

Volkswagen Could Close 3 Plants in Germany to Cut Costs

The auto maker’s top employee representative told workers that management planned to shutter factories for the first time in the company’s 87-year history.

World - The New York Times - October 28

For First Time in 87 Years, Volkswagen May Close 3 Plants in Germany

The automaker’s top employee representative told workers that management planned to shutter the factories to cut costs amid slumping sales.

Top stories - The New York Times - October 28

Liam Payne’s Death: What We Know as 3 Are Accused of Crimes in Argentina

The former One Direction singer had cocaine, alcohol and a prescription antidepressant in his system when he fell from a third-floor hotel balcony in October.

Top stories - The New York Times - 2 days ago

‘My father was a teetotaling, fair-minded, liberal-leaning capitalist’: And yet I allowed ‘friends’ to borrow $120K. How do I deal with the fallout?

“Of the original 10 I had earmarked for removal from my life, I’m still in contact with two.”

Business - MarketWatch - Yesterday

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