By ADRIANA MORGA and COLLIN BINKLEY NEW YORK (AP) — The Treasury Department will take over the management of student loans whose borrowers are in default, according to a new agreement announced Thursday. The U.S. Education Department’s handing off these student loans is the next step in…
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.
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…
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…
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…
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…
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…
Auditors are concerned that Bay St. Louis will not have enough money to pay its bills in the upcoming months.