10
Jul
The Class of 2018 Career Report

Now that we're about a month into Summer, college graduates from the Class of 2018 have either already joined the working world or are taking their time to land jobs to do things like travel.For recent graduates, this is a time of great stress but also excitement. For the first time, many of them are thinking about their careers and […]

Posted in: Study,
26
Jun
The Finances of Fortnite: How Much Are People Spending on This Game?

In October of 1958, Physicist William Higinbotham created Pong, which is thought to be the world's first video game. Since then, video games have become part of mainstream culture, and every so often a transcendent game comes out, like Pac-Man or World of Warcraft, that brings in billions in revenue. Released in July of 2017, Fortnite may […]

Posted in: Study,
19
Jun
Zelle is Quickly Catching Up to Venmo

"Just Google it." "Are we going to Uber there?" "Can you Venmo me?" Sometimes a company and it's product becomes so mainstream, it becomes an actionable verb. ​And, when it comes to peer-to-peer (P2P) payment applications, Venmo has taken the clear lead. However, a new LendEDU survey revealed that Zelle is not far behind Venmo, and the […]

Posted in: Study,
12
Jun
A Financial Comparison of Mother’s Day & Father’s Day

Whether they paid for your education, drove you around countless times, cleaned up the messes you left behind, or did all three and then some, most of us are quite indebted to our parents. That is why we have both Mother's Day and Father's Day – two days out of 365 that are meant for us […]

Posted in: Study,
07
Jun
Department of Education Drops Private Debt Collectors – Here’s What to Expect

The Department of Education recently announced that they would be cutting ties with private debt collectors.The Trump Administration’s Education Department recently announced its plans to cease having private debt collectors collect late student loans. Currently contracted student loan servicers will take over those duties instead of outsourcing them to private companies

Posted in: National News, Student Loan News,
05
Jun
Monthly Car Payments Now Higher Than Ever

According to data released by Experian, average monthly car payments are now higher than ever. People financing new cars are paying a higher average monthly payment than ever, according to information released by Experian. The average car payment reached $523 in the first quarter of 2018. Experian came up with that figure after pulling numbers from […]

Posted in: Auto Loan News,
02
Jun
Judge Pauses Former Corinthian Colleges Students’ Loan Payments

Ex-Corinthian College students may be happy to read that the Department of Education will temporally stop collecting loan debts. Thousands of students who went to Corinthian Colleges and filed a lawsuit for student loan relief scored an important victory last month. The presiding judge acted to temporarily stop the U.S. Department of Education from collecting loan [&h

Posted in: National News, Student Loan News,
01
Jun
The CFPB Seeks Input on Consumer Complaint Database

Consumers interested in voicing their opinions over the CFPB complaint database have until June 4 to express them. Consumers interested in voicing their opinions about the CFPB complaint process have a June 4 deadline. In an effort to assist the Consumer Financial Protection Bureau (CFPB), the agency is asking for comments and information from “interested parties”

Posted in: Financial News,
30
May
Wells Fargo Plans to Expand Auto Lending Again

Wells Fargo expects to ramp up its auto lending during the second half of 2018. Wells Fargo & Co. expects to increase its auto lending again. In mid-2017, Wells Fargo decided to reduce car financing and tighten its underwriting standards. In February 2018, the firm said it intended to finish consolidating its regional car loan centers by […]

Posted in: Auto Loan News,
25
May
New US Household Economic Report Offers Insight on the Cost of College

A new U.S. household economic report found that those with a bachelor's degree are doing better financially. The Federal Reserve examined the U.S. household economic well-being for 2017 and released the results this month. The section on higher education shines some light on statistics about college as well as the value of a college education.Is College […]

Posted in: National News, Student Loan News,