12
Nov
Cost of Thanksgiving in 2019

For the third consecutive year, LendEDU found out how much the average American will be spending on Thanksgiving between food and travel. It looks like Turkey Day in 2019 is shaping up to be the most expensive one yet.

Posted in: Personal Finance, Reports,
Tags: sharing,
05
Nov
New Data Shows Smoking Can Increase Your Life Insurance Premium by Nearly 100%

Using exclusive data provided by BestLifeRates that featured more than 35,000 life insurance quote projections, LendEDU illustrates what smoking can do to your annual life insurance premium.

Posted in: Insurance, Life Insurance, Reports,
Tags: sharing,
22
Oct
A Look at Student Loan Default Rates by School & State

With data provided by the Department of Education, LendEDU lists the default rates for nearly 4,500 colleges across the U.S. This data was also broken down by state and school type.

Posted in: Reports, Student Loans,
Tags: sharing,
01
Oct
How Do Americans Spend Their Monthly Income?

LendEDU compared each generation's average monthly budget and found boomers spend a lot on credit card debt, while millennials save quite a bit for retirement despite larger student loan payments.

Posted in: Personal Finance, Reports,
Tags: sharing,
24
Sep
One-Third of Americans Go Into Unnecessary Debt to Pay For Extravagant Weddings—And Quite a Few End Up Regretting It

The survey of 1,000 recently-hitched Americans also found that some have missed debt payments associated with their wedding, while others that used debt to finance their ceremony ended up getting divorced shortly after.

Posted in: Personal Finance, Reports,
Tags: sharing,
27
Aug
Recession Fears Loom for Many Americans, 42% Plan to Reduce Spending

Key Takeaways: 42% of respondents are planning to spend less and save more due to recession fears 32% of respondents reported having no money in an emergency fund and 55% of respondents reported having $1,000 or less. The median amount was $712. 37% of respondents believe their finances are too weak to withstand a recession […]

Posted in: Personal Finance, Reports,
Tags: sharing,
20
Aug
Is Pet Insurance Worth It? Evaluating the Cost

Pet insurance that covers both accidents and illnesses costs an average of $44.66/month for dogs and $27.93/month for cats. You could save thousands of dollars in vet bills by paying for coverage, so the cost of pet insurance is often worthwhile.

Posted in: Insurance, Pet Insurance, Pet Insurance,
Tags: sharing,
20
Aug
Why Aren’t Millennials Becoming Homeowners? Some Cite a Lack of Knowledge or Savings, Others Point to Student Debt

In part two of a study about millennials, mortgages, and homeownership, LendEDU found some revealing trends about why many millennials aren't homeowners yet.

Posted in: Mortgages, Reports,
Tags: sharing,
16
Jul
State of Private Student Loans Report 2019

As the cost of college continues to rise, it becomes harder for federal student loans to fully meet the price tag. Private student loans are increasingly used to fill the gaps, and using our own data that includes close to 200,000 users interested in private student loans, LendEDU reveals how the private student loan industry has changed from 2016 to today.

Posted in: Reports, Student Loans,
Tags: sharing,
07
Jun
Can You Trust Reddit Credit Card Advice?

Reddit forums are full of credit card advice, including details on how to maximize your card rewards. However, you don’t know the background or experience of Redditors who give the advice, so be wary of trusting people who may not know much more than you do.

Posted in: Credit Cards,
Tags: sharing,