Within the past 5 years, 42% of millennials have used alternative financial services like payday loans, pawnshops, car title loans, tax refund advances or rent-to-own products.
Why are millennials more likely to use personal loans? One reason is because they are delaying home ownership and can’t borrow against the equity in their homes.
More than half of consumers say student loan debt is at least somewhat of an obstacle to buying a home, according to a new survey.
Graduates are leaving college with massive debt. Here’s a look at what they’re facing, plus six steps to pay off loans.
It’s far more likely that your children can find a way to finance their college careers than it is to expect your children to finance your retirement.
At the end of December, student loan debt reached $1.2 trillion.
A new report from the Consumer Financial Protection Bureau calls out student loan serving companies for illegal practices.
The bureau is seeking restitution for Corinthian Colleges students allegedly harmed by a predatory lending scheme.
Looking at financing college for the parents this year’s freshman class.
A small provision in many private student loan contracts could result in big consequences.