Avoiding debt during the holiday season
Financial Expert Gregory Ricks is in studio with us. We’re going to hit two big topics: avoiding holiday debt and preparing for tax season.
debt
New rule targets college programs that leave grads with low income, high debt
WASHINGTON (AP) — College programs that leave graduates underpaid or buried in loans would be cut off from federal money under a proposal issued Wednesday by the Biden administration, but the rules would apply only to for-profit colleges and a…
Some medical debt is being removed from US credit reports
Help is coming for many people with medical debt on their credit reports. Starting Friday, the three major U.S. credit reporting companies will stop counting paid medical debt on the reports that banks, potential landlords and others use to judge…
Pause on student loan payments is extended through May 1
By COLLEEN LONG WASHINGTON (AP) — The Biden administration on Wednesday extended a student loan moratorium that has allowed millions of Americans to put off debt payments during the pandemic. Under the action, payments on federal student loans will remain…
Senate leaders announce agreement to extend government's borrowing authority
WASHINGTON (AP) - Senate leaders have announced an agreement to extend the government’s borrowing authority into December, temporarily averting an unprecedented default that experts say would have decimated the economy. Senate Majority Leader Chuck Schumer made the announcement as he…
Holiday shopping debt
The biggest shopping holiday is among us and with all the spending comes some unwanted debt. Magnify Money found that the average American consumer kicked off 2017 with about one thousand dollars’ worth of new debt following the 2016 holiday…
Bay St. Louis Faces Uncertain Financial Future
Auditors are concerned that Bay St. Louis will not have enough money to pay its bills in the upcoming months.