Does debt consolidation hurt your credit? What you need to know

Debt consolidation lets you roll several high-interests debts into one manageable payment. Find out whether it hurts your credit.

Housing inventory shortages drive seller's market in November, Redfin reports

Redfin's housing market predictions for 2022 are more positive with a higher supply of new homes causing price growth to slow down. But by then, higher mortgage rates are likely to impact housing affordability.

Biden extends federal student loan payment pause until May 1

President Joe Biden has extended the student loan payment freeze by 90 days through May 1, 2022, “as we manage the ongoing pandemic and further strengthen our economic recovery.”

How much does it cost to refinance a student loan?

Refinancing may make your student loan debt more manageable. And in most cases, there’s no upfront cost. (iStock)

Final child tax credit payments issued as Manchin pulls support for Build Back Better

The Build Back Better bill is a $1.7 trillion social safety net that includes investments in climate change, health care and child care, which includes expanding child tax credit (CTC) payments through 2022.

Holiday shopping held back by COVID financial impact, survey shows

COVID-19 continues to put a strain on finances this holiday season, however spending is expected to increase from last year, according to a new survey. Here's what to do if you are struggling financially.

Warren, Schumer 'strongly urge' Biden to extend student loan forbearance and cancel debt

Progressive lawmakers are calling for the Education Department to extend the forbearance period as federal student loan borrowers are set to resume payments in February.

Student loan payment pause will not be extended, White House confirms

White House press secretary Jen Psaki confirmed that federal student loan borrowers will need to resume making payments in February.

Lawmakers consider Social Security 2100 Act aimed at protecting future benefits

The House Ways and Means Committee held a hearing to consider a new bill to reform the way Social Security works and address the retirement crisis.

Best emergency loans of 2021

Emergency loans are typically unsecured personal loans that you can apply for and receive within a few business days. Learn more.

93% of payday loan borrowers regret taking out their loans, survey finds

Payday loans can be a debt trap for borrowers who can't afford to make payments. Here's how you can repay your payday loan balance before it's sent to debt collectors.

Here's who has qualified for student loan forgiveness under Biden

The Biden administration has forgiven federal student debt through four major loan forgiveness programs, including PSLF and borrower defense.

NFT is 2021 word of the year amid cryptocurrency surge, Collins Dictionary says

An NFT is proof of ownership for a unique digital item that can be bought and sold on the cryptocurrency marketplace. Here's what you need to know about buying and investing in crypto.

Biden says COVID-19 Omicron variant 'cause for concern’ – will interest rates be impacted?

As health officials determine the potential impact of the COVID-19 Omicron variant, economists weigh the potential risks to the economy and what it means for growth forecasts.

Seniors are losing out on Medicare savings during open enrollment, data shows

The Medicare and Medicare Advantage open enrollment period ends on Dec. 7, but many seniors haven't reviewed their health coverage. Even fewer decided to actually change plans, according to a new survey.