Loans & Lending
Auto loans, personal loans, student lending, BNPL services, lending rates, approval requirements, and borrowing strategies.
Latest in Loans & Lending
Federal student loan rates jump to 6.52% on July 1 — the highest rate for undergrads in three years, with no relief from the Treasury market in sight
The interest rate on new federal student loans for undergraduates will hold near its highest level in over a decade when the 2026-2027 academic year...
The new student loan repayment plan launches July 1 — caps payments at 10% of income, takes 30 years to forgive, and replaces every IDR plan
If you’re one of the roughly 11 million federal student loan borrowers enrolled in an income-driven repayment plan, your plan is about to disappear. SAVE,...
Parent PLUS loan rates climb to 9.07% on July 1 — borrowing $40,000 for college now costs $507 a month for 10 years
A parent who borrows $40,000 through a federal Direct PLUS loan for the 2026-2027 school year will pay roughly $508 every month for a decade...
Federal student loan rates jump to 6.52% on July 1 — and the 30-year Treasury at 5% guarantees next year’s class will pay even more
A college freshman signing loan paperwork this fall will pay 6.52% interest on every dollar borrowed from the federal government, a rate that sticks for...
The Education Department predicts 4 million more borrowers will default this year — pushing the total to 1 in 4 Americans with federal student debt
Sometime in the next few months, a federal employee earning $45,000 a year could open a paycheck and find that 15 percent of her disposable...
5 million student loan borrowers are in default — and the Treasury can now garnish their wages, tax refunds, and even Social Security checks to collect
The federal government can take money from your paycheck without a court order. It can intercept your tax refund before it ever reaches your bank...
The new student loan repayment plan launches July 1 — it caps payments at 10% of income, takes 30 years to forgive, and replaces every IDR plan
On July 1, 2026, a borrower earning $50,000 a year with $35,000 in federal student loans will log into their servicer’s website and find that...
Parent PLUS loan rates climb to 9.07% on July 1 — the cost of borrowing $40,000 to send your kid to college is now $463 a month for 10 years
The federal government is about to charge parents 9.07 percent interest to help send their children to college. That is the fixed rate expected to...
Federal student loan rates jump to 6.52% on July 1 — and the 30-year Treasury at 5% means there’s no relief coming
A college freshman who signs a federal loan promissory note after July 1 will pay 6.52% interest on every dollar borrowed, locked in for the...
The defaulted borrowers aren’t who you’d expect — the average student loan defaulter is 40 years old and was making payments before the pandemic paused collections
When federal student loan collections officially restarted in May 2025, the government was not chasing down recent college dropouts. It was coming for people like...
The new student loan repayment plan launches July 1 — it caps payments at 10% of income, takes 30 years to forgive, and replaces every IDR plan
A borrower who signs a federal Direct Loan promissory note on July 1, 2026, will face a choice that did not exist a month earlier:...
3.6 million student loan borrowers defaulted since October — and the average defaulter is 40 years old and was current on payments before the pandemic
They paid on time for years. Then the system restarted, and millions of them stopped. Since federal student loan payments resumed in October 2023 after...
Parent PLUS loan rates climb to 9.07% on July 1 — the cost of borrowing to send your kid to college just hit its highest point since 2007
A parent borrowing $30,000 this fall to help cover a child’s tuition will owe roughly $382 a month for the next decade and pay about...
Federal student loan rates jump to 6.52% on July 1 — the highest borrowing rate for undergrads in three years
A college freshman enrolling this fall and borrowing the maximum federal Direct Loan will pay a fixed interest rate of 6.52%, the highest undergraduate borrowing...
Student loan delinquencies jumped to 10.3% — the highest since 2020 — and defaulted borrowers are also falling behind on credit cards, auto loans, and mortgages
For more than three years, millions of Americans with federal student loans made no payments at all. The pandemic-era freeze, which began in March 2020...
Parent PLUS loan rates climb to 9.07% on July 1 — the cost of borrowing to send your kid to college just hit its highest point since 2007
A parent borrowing $30,000 through the federal PLUS loan program for the 2025-2026 school year will pay roughly $382 a month for 10 years and...
The new student loan repayment plan launches July 1 — it caps payments at 10% of income and takes 30 years to forgive
Roughly 8 million federal student loan borrowers who were enrolled in the now-defunct SAVE plan are about to land in a new repayment structure they...
Subprime auto loan delinquencies just hit a 32-year record — and unemployment is 4.3%, not 9% like the last time car defaults were this bad
Picture a borrower with a 520 credit score who financed a used pickup in 2023 at 14% interest. The monthly payment: $587. Today that borrower...
The average new car payment just hit $773 a month — and 1 in 5 buyers is now locked into payments above $1,000
A $773 monthly car payment would have been unusual five years ago. Now it is the average. According to Edmunds’ Q1 2026 auto financing data,...
7.5 million borrowers just lost the SAVE plan — they have 90 days to switch or the government auto-enrolls them in a plan that could triple monthly payments
On July 1, federal loan servicers will begin mailing notices to every borrower still enrolled in the SAVE repayment plan. Each letter will contain a...