Money

When it comes to student debt forgiveness programs, borrowers with private student loans are almost always left out. Now, a new program might finally give them relief — if they can manage to apply. Amid pressure from Democratic lawmakers, student loan servicer Navient has begun quietly piloting a private...

Navient Is Quietly Forgiving Private Student Loans Amid Pressure From Lawmakers

There's been much ado about federal student loan forgiveness with little relief directed to students holding private student debt. However, a little-known program directed by private student loan lender Navient is forgiving private loans for borrowers seeking relief on the grounds that their school lied to them. The Project on...

Borrowers urged to apply for Navient's private student loan forgiveness

Federal student loans don’t have minimum credit score requirements, and most of them don’t require a credit check. Minimum credit score requirements for private student loans vary by lender. You generally need a good credit score — often defined as a FICO score 670 or greater — to...

What credit score is needed for a student loan?

If you’re still paying off your student loans, you could qualify for one-time relief -- but you’ll need to act fast. The US Department of Education is conducting a one-time payment adjustment to retroactively give some borrowers credit toward loan forgiveness. However, to qualify for the full benefit, you may need to consolidate your loans through the federal government’s Direct Loan program. The previous deadline to consolidate was April 30, but the Biden-Harris Administration extended this deadline to June 30.

Should You Consolidate Your Student Loans Before the June 30 Deadline?

Student loan borrowers have until June 30 to meet a deadline that could lead to quicker debt forgiveness. Here's what borrowers should know. Student loan borrowers have until the end of June to meet a deadline that could lead to quicker debt forgiveness. Some could even see their debt cleared...

Student loan forgiveness deadline is June 30. Here's what borrowers need to know

Business Insider

Biden forgave student loans for borrowers who went to schools accused of fraud. Private borrowers are struggling to get the same relief from Navient.

These student-loan borrowers qualify for debt cancellation through the government, but they're struggling to get the same relief on their private balances: 'I feel so defeated. I feel trapped.'

Steven Perry, 58, thought the notice confirming his student-loan forgiveness was a scam. But after decades of payments, he finally got debt relief.

A Gen Xer got $110,000 in student loans forgiven after he'd paid off more than he borrowed. It's allowed him to scrap his plans to work part time in retirement.

If you missed the June 30 student loan consolidation deadline, you might be wondering if there’s anything you can do now to apply for the one-time benefit. While there’s a chance you may be able to sneak a loan consolidation in within the next few days, Mark Kantrowitz, a financial aid expert and CNET Expert Review Board member, says it’s likely that you’ve missed the deadline.

Missed the Student Loan Forgiveness Deadline? Here Are Your Options

GOBankingRates

The resumption of student loans last October has further burdened many Americans. Combined with inflation and soaring rates, this additional financial obligation has taken a toll on budgets -- and on...

Not Paying Your Student Loans? 3 Ways That Might Hurt Your Retirement

Missouri State

ABC News

The pause would be very similar to the pandemic-era student loan moratorium – borrowers would not need to make payments and interest would not accrue.

3 million student loan borrowers to be placed in payment pause

Student-loan company Navient has a process for borrowers with private debt to apply for relief if they believe they were defrauded by their school.

Some student-loan borrowers with private debt have a chance to get their balances wiped out — but they have to ask for it

USDA loans allow eligible homebuyers to get zero-down-payment mortgages in rural areas. Because they're backed by the U.S. Department of Agriculture, these loans have lower rates and more flexible credit requirements than conventional mortgages. They also don't require private mortgage insurance, which can add more than 2% to your loan annually.

What is a USDA loan and am I eligible?

Kansas State

Two separate court rulings blocked parts of the SAVE plan, including student-debt relief and cheaper payments. Here's what borrowers should know.

Student-loan borrowers who were set to get debt cancellation or lower payments through Biden's new repayment plan won't get it — for now. Here's what you need to know.

DC News Now

Across the 100 largest metros in the U.S., the median non-mortgage debt is $24,668, according to LendingTree.

Tracking debt: Which generation owes the most?

USA TODAY

A U.S. appeals court allowed President Joe Biden's administration to move forward with implementing a key part of a new student debt relief plan.

US court rescues part of Biden student loan SAVE plan

The regional Stoxx 600 resumed last week's decline in morning deals. The index was trading 0.57% lower at 11 a.m. in London. Headline inflation in the euro area dipped to 2.5% in June, the European Union's statistics agency announced. However, the closely-watched figures for core and services inflation remained stubbornly high, holding at 2.9% and 4.1%.

European markets lower as euro zone core inflation holds steady

TheStreet

Mortgages are the most common path to homeownership. How much have Americans borrowed to pay for their homes, and what’s the average monthly mortgage payment?

How much mortgage debt do Americans have on average?

Landing a job has become more difficult, even while the labor market may look robust — and it's a situation that scammers are eager to exploit. It's a big enough issue that federal agencies like the FBI and Federal Trade Commission have issued warnings about job scams. One common...

How to avoid scams while job-hunting online, according to career experts

Cheaper monthly student-loan payments are allowed to resume after federal courts blocked parts of the student-debt SAVE plan.

Student-loan borrowers on Biden's new repayment plan get a win after a federal court rules that cheaper monthly payments can go into effect

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Is "inshoring" ready for revolution?

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Sallie Mae student loan review 2024

One of the largest private student loan providers in the U.S., Sallie Mae® is best known for its low rates and for offering loans for a...

Sallie Mae student loan review 2024

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