35% of students said they might not complete school.
As rates hover near 7%, lenders face retention leakage, TSR and TCPA limits and HPPA pathways that define who can contact ...
The Fed's quarter-point rate hike will impact a range of consumer borrowing and savings costs, including mortgages, credit ...
The Federal Reserve increased its key rate by a quarter of a percentage point, but mortgages and other consumer loans have already trended higher.
Federal data shows many borrowers who aren't paying their loans went to private, for-profit colleges — schools that often ...
The Fed’s policy path most directly affects interest rates, or yields, on shorter-term U.S. Treasuries, like the two-year ...
Student loan borrowers who were on the Saving on a Valuable Education (SAVE) plan began receiving notices from their servicers on July 1 telling them to choose a new repayment plan within 90 days of ...
The piece frames $11,898 as a symptom of personnel-heavy workflows, duplicative systems and manual underwriting. It proposes a loan officer engineer role that documents guideline-based decisions, so ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
Americans are carrying record auto loan debt as car prices, interest rates, insurance costs, and long loan terms collide. The pressure is no longer limited to low credit borrowers, with rising ...
New data from the Federal Reserve Bank of New York found that while overall delinquency rates improved for overall debt burdens, new delinquencies rose slightly for auto loans and mortgages and ...
New auto-loan volumes hit a record high in the second quarter as lenders relaxed their underwriting standards, and the percentage of borrowers falling behind on their payments continued to rise.