Loans & Lending
Auto loans, personal loans, student lending, BNPL services, lending rates, approval requirements, and borrowing strategies.
Latest in Loans & Lending
Subprime auto loan delinquencies just hit a 32-year record — and the average car payment climbed to $767 a month for a new vehicle
In October 2025, 6.65% of subprime auto borrowers tracked by Fitch Ratings were at least 60 days behind on their car payments. That is the...
The new student loan repayment plan launches in 53 days — and it’s the only income-driven option left after Trump killed SAVE, Grad PLUS, and every other IDR plan
If you owe federal student loans and haven’t been paying close attention, here is the short version: every income-driven repayment plan you’ve heard of is...
Private student loan volume is expected to double after Trump killed Grad PLUS — and 40% of Americans wouldn’t even qualify for a private loan
The federal program that let graduate students borrow up to the full cost of their degrees is gone. Congress eliminated Grad PLUS lending through the...
Student loan borrowers have 59 days to pick a new repayment plan — RAP launches July 1 with a $10 minimum payment and a 30-year forgiveness timeline
Starting July 1, 2026, every new federal student loan will come with repayment rules that break sharply from the system borrowers have known for decades....
The new student loan repayment plan launches July 1 — it requires a $10 minimum payment, takes 30 years to forgive, and replaces every IDR plan you’ve heard of
On July 1, 2026, the federal government will stop offering borrowers a choice among income-driven repayment plans. No more PAYE. No more REPAYE. No more...
The new student loan repayment plan launches July 1 — it requires a $10 minimum payment, takes 30 years to forgive, and replaces every IDR plan you’ve heard of
On July 1, 2026, the federal government will flip a switch that reshapes how millions of Americans repay their student loans. Every income-driven repayment plan...
Student loan collections tighten as federal repayment enforcement ramps up
About 5.3 million Americans with federal student loans are in default, and for the past year, the U.S. Department of Education has sent two sharply...
2 major loan defaults deepen losses for private-credit funds
In the span of roughly 90 days, a direct-to-consumer brand aggregator’s loan went from performing to worthless on the books of one publicly traded credit...
The SAVE student loan plan is dead and the Repayment Assistance Plan launches July 1 — 7.5 million borrowers have 90 days to pick a new plan or get auto-enrolled
For nearly two years, roughly 7.5 million federal student loan borrowers have been stuck in limbo. Their repayment plan, SAVE, was blocked by courts in...
Student loan wage garnishments are back after a 5-year pause — 15% of your paycheck if you’re in default
When Keisha Moore, a 34-year-old medical billing clerk in Memphis, opened her pay stub in late April 2026, she found $390 missing. No court date,...
The SAVE plan is officially dead and a new repayment plan launches July 1 — what borrowers in their 20s need to do in the next 70 days
About 70 days from now, on July 1, 2026, a brand-new federal student loan repayment plan goes live. For millions of borrowers in their 20s...
7.5 million borrowers just lost the SAVE plan — and the Class of 2026 is graduating into the worst student loan landscape in a decade
A borrower earning $40,000 a year with $35,000 in federal student loans could have paid as little as $50 to $100 a month under the...
The Class of 2026 is graduating into the worst student loan landscape in a decade — fewer options, stricter rules, and no more SAVE plan
More than 7 million federal student loan borrowers are being pushed out of the “Saving on a Valuable Education” (SAVE) Plan this summer after the...
The SAVE student loan plan is officially dead — 7.5 million borrowers have until October to pick a new repayment plan
Millions of federal student loan borrowers who once had some of the lowest monthly payments available are now navigating a repayment system that looks very...
Student loan garnishment still on hold — 5.5 million defaulted borrowers have a window to act before July
If you’re among the roughly 5.5 million Americans whose federal student loans are in default, the government holds the authority to capture up to 15%...
Student loan wage garnishment delayed again — Education Dept pauses collections for repayment reform
For the second time in less than a year, the U.S. Department of Education has suspended involuntary collections on defaulted federal student loans, halting wage...
Education Dept delays student loan wage garnishment — 5.3 million defaulted borrowers get a reprieve
A borrower earning $40,000 a year with defaulted federal student loans could lose up to $230 per paycheck to wage garnishment, with no court order...
How to get out of student loan default in 2026: consolidation vs. rehabilitation, step by step
More than 5 million federal student loan borrowers were in default heading into 2026, according to Federal Student Aid data. For years, pandemic-era pauses shielded...
Wage garnishment for defaulted student loans just got delayed — here’s what the Education Department’s pause means for 5.5M borrowers
About 5.3 million Americans with defaulted federal student loans were bracing for the government to start docking their paychecks and seizing their tax refunds. Then,...
Student loan wage-garnishment pause gives borrowers a reprieve — but only if they act now
A borrower earning $40,000 a year stands to lose roughly $350 a month once the federal government resumes garnishing wages on defaulted student loans. For...