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Finding loan forgiveness programs and keep-the-change loan paydowns are examples of services startups like Savi, Summer and FutureFuel.io are offering banks to help borrowers manage their monthly payments.
July 23 -
Despite some improvements, almost one-quarter of respondents to a LendEDU survey were still waiting on their relief checks and those consumers are more likely to take on additional credit card debt.
May 12 -
Just over 40% of respondents with private student loans said they had worked with their lenders to come up with a plan for reduced payments.
April 28 -
As universities move classes online, there are signs enrollment could be down in the coming academic year. That could have a major impact on credit unions’ private student loan portfolios.
April 15 -
Proposed reforms to the Community Reinvestment Act focus on everything but bank products that promote higher education. It’s time to change that.
February 12Community Bank Consulting Services -
Bankers groups are keeping close tabs on a host of legislative and gubernatorial proposals, from prize-linked savings accounts in Iowa to rent control in Massachusetts to a slew of bills modeled after California's recently passed data privacy law.
February 11 -
Depending on one's perspective, the surge in consumer borrowing is either a normal byproduct of a booming economy or a worrisome trend that portends a wave of delinquencies when the next downturn hits.
February 11 -
The two agencies said they will exchange student loan complaint data after their information-sharing efforts had been in limbo for over two years.
February 3 -
The proposal announced Tuesday is aimed at attracting younger voters.
January 14 -
Democracy Forward filed the lawsuit Monday against the consumer bureau, Director Kathy Kraninger, the U.S. Department of Education and Education Secretary Betsy DeVos.
November 25