LendEDU Financial News


National Student Loan News

September 13, 2018 Shannon Serpette
When potential students and their parents receive tuition statements and bills as they prepare to head off to college, one thing has changed from a generation or two ago – college fees. Students don’t only see items like tuition, room, and board listed, but they also see items like library, mentoring, and technology fees. Sometimes the […]

Regional Student Loan News

August 15, 2018 Shannon Serpette
In the last 12 years, the Kentucky Department of Revenue has claimed in excess of $50 million from students behind on payments to Kentucky’s public universities. The department has managed to do so by taking money out of the students’ tax refunds and paychecks without a court order. It has also collected a hefty amount in fees […]

Editor's Picks

January 10, 2018 Andrew Rombach
According to a Congressman’s press release, there is a new bill before Congress that is aimed at helping borrowers repay their student loan debt. This time, the bill offers a new twist on the subject. Known as the Student Security Act of 2017, it offers borrowers loan forgiveness in exchange for delaying their Social Security benefits. Graduate […]

January 20, 2020 Dave Rathmanner

January 20, 2020 Dave Rathmanner

Student Loan Industry News

August 23, 2018 Debbie Baratz
The Pentagon Federal Credit Union and Sallie Mae announced a new partnership that will give PenFed members access to in-school financing through a suite of undergraduate and graduate school payment options. The partnership offers an easy-to-use scholarship tool, PenFed Scholarship Search. This allows access to three million scholarships valued at more than $18 billion. Members can register for […]

International Student Loan News

June 23, 2017 Dave Rathmanner
The Student Loans Company (SLC) admitted that nearly 80,000 former foreign student borrowers have left the United Kingdom (UK) without paying back a total of £1.2 billion in student loan debt, according to a UK news outlet. This problem only adds to a worsening student debt situation in the UK. Many experts project the outstanding student […]

Credit Card News

July 06, 2018 Shannon Serpette
Consumers who love rewards credit cards have a new option to consider – a Wells Fargo card that doesn’t charge an annual fee. The new Wells Fargo Propel Card is an American Express card that offers three points per dollar spent on dining charges. Plus, it awards cardholders three times the points on certain travel costs like […]

Personal Loan News

April 24, 2018 Andrew Rombach
I recently had the chance to interview the CEO and Co-Founder of an interesting and successful company known as Upstart. Upstart made a name for itself over the last 6 years as a personal loan lender. How exactly did it do this? Upstart implemented an artificial intelligence (AI) and machine learning (ML) algorithm that could underwrite credit […]

Auto Loan News

September 11, 2018 Shannon Serpette
Santander Consumer USA Holdings Inc., an affiliate of European lender Banco Santander SA, will settle claims alleged by a U.S. consumer watchdog group that borrowers weren’t fully informed about some of their costs. In particular, the lack of information was about insurance policies and auto loans. Santander Consumer accepted interest-only payments on loans allegedly without telling […]
Wells Fargo Plans to Expand Auto Lending Again
May 30, 2018 Dave Rathmanner