The Subprime Student Loan Debt Bubble
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What factors drive mortgage loan interest rates?
The Fed rate decisions aren't the only factor that plays a role in where mortgage rates head next.CBS News - 6d -
What happens when you lose a credit card debt collection lawsuit?
A few different scenarios could occur if a judgment is issued against you for your old credit card debt.CBS News - 6d -
5 important credit card debt relief moves to make this January
Certain moves may help you break free from credit card debt, experts say. Here are five to explore this month.CBS News - 6d -
New rule bans medical debt from credit reports
A new rule issued by the outgoing Biden administration will ban medical debt from appearing on people's credit reports. It's estimated the move will raise credit scores for around 15 million ...CBS News - Jan. 7 -
Should you refinance your home equity loan in 2025?
For some home equity loan borrowers, now may be the time to pursue a refinance. Here are three signs to look for.CBS News - Jan. 7 -
As student loan bills become a normal part of life again, tax break will be available to many
There's one upside to your student loan payments: They might qualify you for a tax break.CNBC - Jan. 7 -
Speaker Johnson: ‘Intention’ is to increase debt limit in massive Trump agenda bill
Speaker Mike Johnson (R-La.) said that congressional Republicans plan to increase the nation’s borrowing limit as a part of a massive party-line bill that they are crafting that will encapsulate ...The Hill - Jan. 7 -
Can I qualify for credit card debt forgiveness with a low credit score?
A low credit score could limit your debt relief options — but will it make you ineligible for debt forgiveness?CBS News - Jan. 7 -
Thames Water junior creditors accuse rivals of ‘predatory’ loan conditions
Class B bondholders have filed their own restructuring plan for the troubled utilityFinancial Times - Jan. 7 -
Is the US stock market in bubble territory?
Valuations might be frothy but don’t seem nuttyFinancial Times - Jan. 7 -
Biden administration finalizes rule to strike medical debt from credit reports
U.S. consumers will no longer have medical debt appear on their credit reports under to a new rule the CFPB finalized Tuesday.NBC News - Jan. 7 -
Medical debt banned from credit reports by new Biden administration rule
Unpaid medical bills will no longer appear on credit reports under a final rule announced by the Biden administration.CBS News - Jan. 7 -
New federal rule will remove medical debt from credit reports
A new rule on medical debt could affect millions of Americans' credit scores.ABC News - Jan. 7 -
Biden Administration Moves to Ban Medical Debt From Credit Reports
The future of the new rule remains in question, however, with President-elect Donald J. Trump set to return to the White House this month.The New York Times - Jan. 7 -
CFPB finalizes rule barring medical debt from credit reports
The Consumer Financial Protection Bureau (CFPB) on Tuesday finalized its rule barring medical debt from being included on credit reports, potentially freeing up billions in credit. The finalized ...The Hill - Jan. 7 -
Nvidia unveils Project Digits personal AI supercomputer for researchers and students
Nvidia today unveiled Nvidia Project Digits, a personal AI supercomputer that serves AI researchers, data scientists and students worldwide.VentureBeat - Jan. 7 -
Why HELOCs are cheaper than home equity loans now
Both allow you to borrow against your home's equity, but HELOCs offer measurable savings in today's market.CBS News - Jan. 6 -
Is it legal for a credit card company to sell your delinquent debt?
There are a few routes your credit card company can take when you're late on payments — including selling the debt.CBS News - Jan. 6 -
Marcus Rashford a loan target for Milan as Manchester United mull Zirkzee exit
Milan want United to foot much of Rashford’s salary Juventus interested in loan deal for Netherlands forward Marcus Rashford is being targeted by Milan regarding a potential loan, with any deal ...The Guardian - Jan. 6 -
What proof must credit card debt collectors provide for a debt?
Debt collectors must provide proof that a debt is valid. Otherwise, they have to stop their collection efforts.CBS News - Jan. 6 -
Bank alleges Bill Cosby ‘failed to repay’ loans; he could face foreclosure on two NYC homes
Cosby and his wife are reportedly facing foreclosure on two townhouses, after allegedly failing to keep up with repayments on multimillion-dollar loans.MarketWatch - Jan. 6 -
Students Charged in ‘To Catch a Predator’ TikTok Scheme
Five students at Assumption University in Worcester, Mass., are accused of luring a man to campus, where he was chased by a group of about 25 people.The New York Times - Jan. 6 -
Pope says bullying at school prepares students for war, not peace
"Imagining peace" lays foundation for "more just and fraternal world," he says.ABC News - Jan. 4 -
My grandfather co-signed my cousin’s student loan. After my grandfather died, my cousin skipped town. Will the estate have to pay the debt?
“The loan is now in default, and I have no idea where this grandson is.”MarketWatch - Jan. 4 -
Why a home equity loan could be better than a HELOC this January
There's a strong case to be made for choosing a home equity loan over a HELOC this month. Here's what to consider.CBS News - Jan. 3 -
While Biden administration withdrew student loan forgiveness plans, there is still debt relief available
After the Biden administration withdrew its sweeping student loan forgiveness plans, borrowers should look into the existing debt cancellation programs.CNBC - Jan. 3 -
Student loan borrowers should take these steps before presidential administration changes
The country's roughly 40 million federal student loan borrowers should brace for change when President Joe Biden exits office toward the end of the month.CNBC - Jan. 3 -
Debt consolidation loan vs. debt consolidation program: Which will be better in 2025?
Both options can help you pay off your credit card debt faster, but one may be a better choice than the other now.CBS News - Jan. 3 -
An aspiring nurse, a dad of two and a college student are among the New Orleans victims
Loved ones are mourning the 14 people killed in the truck attack in New Orleans. CBS News has learned the identities of 10 of the victims, who range in age from 18 to 63 years old. "CBS Mornings" ...CBS News - Jan. 3 -
$450,000 settlement for Ohio teacher who refused to use students' pronouns
An Ohio school district will pay $450,000 to a middle school teacher who resigned for refusing to address two transgender students by their preferred names and pronouns.The Hill - Jan. 3 -
3 big reasons to pursue credit card debt forgiveness this January
Debt forgiveness can be a smart way to move forward from your high-rate card debt — especially right now.CBS News - Jan. 2 -
3 safety features home equity loans offer borrowers now
These three unique features make home equity loan borrowing especially secure right now.CBS News - Jan. 2 -
Does the United States need a debt limit?
The federal debt limit has no practical value. This suggests that ending it would be a good idea. Yet the laws of unintended consequences suggest that there are unforeseen effects that may be worse ...The Hill - Jan. 2 -
How a cosmetology school is teaching students to care for diverse hair and skin
Nubiah Taylor, founder of Taylor'd Cosmetology School in Minneapolis, is teaching students how to care for melanated skin while providing a space for aspiring beauty professionals to thrive.CBS News - Jan. 2 -
NYCFC loans Sands to Bundesliga side St. Pauli
New York City FC loaned homegrown midfielder James Sands to the German Bundesliga side FC St. Pauli.ESPN - Jan. 2 -
Borrowers cheer Biden's record-setting student loan forgiveness, but left bitter with the system
President Biden will leave office with the legacy of approving the greatest amount of student debt relief of any president, changing the lives of millions of Americans. Many of these borrowers ...The Hill - Jan. 1