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

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.

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

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.

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

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.

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?

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.

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

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.

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.

Fed prepared to raise interest rates if inflation continues to surge

Fed prepared to raise interest rates if inflation continues to surge

The Fed could be looking at a rate hike sooner than expected if inflation continues to surge. The latest FOMC meeting minutes indicate that Fed members are discussing the possibility of raising rates.

The Fed could be looking at a rate hike sooner than expected if inflation continues to surge. The latest FOMC meeting minutes indicate that Fed members are discussing the possibility of raising rates.

Holiday shoppers plan to spend nearly $1,000 this year, survey finds: 3 tips to avoid overspending

Holiday shoppers plan to spend nearly $1,000 this year, survey finds: 3 tips to avoid overspending

Consumers plan to spend $998 this holiday shopping season, according to a National Retail Federation (NRF) survey. Here's how you can overcome higher prices amid shipping delays and labor shortages to take advantage of holiday sales.

Consumers plan to spend $998 this holiday shopping season, according to a National Retail Federation (NRF) survey. Here's how you can overcome higher prices amid shipping delays and labor shortages to take advantage of holiday sales.

Democrats push Biden to cancel student loans after House passes Build Back Better

Democrats push Biden to cancel student loans after House passes Build Back Better

Progressive lawmakers are calling on President Biden to cancel student loan debt as some Americans have qualified for forgiveness under borrower defense, total and permanent disability (TPD) discharges and a limited PSLF waiver.

Progressive lawmakers are calling on President Biden to cancel student loan debt as some Americans have qualified for forgiveness under borrower defense, total and permanent disability (TPD) discharges and a limited PSLF waiver.

Expanded child tax credit would permanently reduce child poverty, CBPP finds

Expanded child tax credit would permanently reduce child poverty, CBPP finds

Build Back Better would make the Child Tax Credit permanently available to low-income families. But the trillion-dollar spending plan faces hurdles in Congress before it can be signed into law.

Build Back Better would make the Child Tax Credit permanently available to low-income families. But the trillion-dollar spending plan faces hurdles in Congress before it can be signed into law.

Facebook owner Meta ordered to sell Giphy by UK antitrust watchdog

Facebook owner Meta ordered to sell Giphy by UK antitrust watchdog

The U.K.'s antitrust watchdog has blocked Facebook's acquisition of Giphy and ordered the social network to sell off the GIF-sharing platform.

The U.K.'s antitrust watchdog has blocked Facebook's acquisition of Giphy and ordered the social network to sell off the GIF-sharing platform.

Biden's Build Back Better bill: Half of voters support plan but many fear inflation will worsen, poll shows

Biden's Build Back Better bill: Half of voters support plan but many fear inflation will worsen, poll shows

Nearly 50% of voters support Biden's Build Back Better plan, a new poll showed. But many are also worried it could worsen inflation rates. Here's what that means for interest rates.

Nearly 50% of voters support Biden's Build Back Better plan, a new poll showed. But many are also worried it could worsen inflation rates. Here's what that means for interest rates.

Getting life insurance while you're young and healthy can save you thousands

Getting life insurance while you're young and healthy can save you thousands

The longer you wait to lock in a life insurance premium, the higher your monthly rate will be. Find out how taking out life insurance while you're young and healthy can save you thousands of dollars.

The longer you wait to lock in a life insurance premium, the higher your monthly rate will be. Find out how taking out life insurance while you're young and healthy can save you thousands of dollars.

Small Business Saturday: Consumer spending projected to set new records

Small Business Saturday: Consumer spending projected to set new records

Saturday marks Small Business Saturday — a day created to shift consumers’ attention to the stores that call their communities home.

Saturday marks Small Business Saturday — a day created to shift consumers’ attention to the stores that call their communities home.

Dollar Tree doubles down on pricing items over $1

Dollar Tree doubles down on pricing items over $1

Dollar Tree will charge $1.25 for the majority of its products across all of its locations nationwide by the end of April.

Dollar Tree will charge $1.25 for the majority of its products across all of its locations nationwide by the end of April.

College costs have risen at nearly 5x the rate of inflation, report finds

College costs have risen at nearly 5x the rate of inflation, report finds

The average cost of tuition, fees and other expenses at higher education institutions are rising at a much faster rate than inflation, according to a recent study.

The average cost of tuition, fees and other expenses at higher education institutions are rising at a much faster rate than inflation, according to a recent study.

Department of Labor raises federal contract workers’ minimum wage to $15 an hour

Department of Labor raises federal contract workers’ minimum wage to $15 an hour

The U.S. Department of Labor announced on Monday an increase of the federal minimum wage to $15 an hour for federal contractors, giving a pay bump to hundreds of thousands of workers.

The U.S. Department of Labor announced on Monday an increase of the federal minimum wage to $15 an hour for federal contractors, giving a pay bump to hundreds of thousands of workers.