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Consumer Finances, Student Loans and Debt Repayment in 2023

True Accord

But what will that mean for lenders and creditors? since 2020, while open trade lines decreased by 7.7% since 2020, while open trade lines decreased by 7.7% As consumers battle high inflation and interest rates to afford necessities, budgets will be stretched and many will have to prioritize when and where they spend.

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Private lenders lobby to restart federal student loan payments

Collection Industry News

SoFi is one of the private student lenders lobbying to stop, or at least curtail, the pandemic-related moratorium on federal student loan payments that is now stretching into a third year. Justin Sullivan/Getty Images. The jockeying comes as President Joe Biden weighs whether to extend the moratorium past May 1.

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Can I Discharge a Private Student Loan in Bankruptcy?

Sawin & Shea

The majority of people in Indiana who have thought about declaring bankruptcy likely already know how challenging it is to get student loans erased. Although it is not impossible, debtors normally need to pass the Brunner test, which establishes that repaying the student loans will put them in an unreasonably difficult position.

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CFPB Releases Blog Post on the Dischargeability of Private Student Loans in Bankruptcy

Troutman Sanders

On April 12, the Consumer Financial Protection Bureau (CFPB) released a blog post titled “ Busting myths about bankruptcy and private student loans.” In the blog post, the CFPB argues that certain private education loans can be discharged in bankruptcy. Loans to a student attending school less-than-half-time.

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CFPB Releases Blog Post on the Dischargeability of Private Student Loans in Bankruptcy

Collection Industry News

On April 12, the Consumer Financial Protection Bureau (CFPB) released a blog post titled “ Busting myths about bankruptcy and private student loans.” In the blog post, the CFPB argues that certain private education loans can be discharged in bankruptcy. Loans to a student attending school less-than-half-time.

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How a Car Loan Can Increase Your Credit

Credit Corp

The following is a guest post from Paige Williams, a public relations specialist with New Roads Auto Loans. When most people think about credit and a car loan, they’re thinking about what credit score qualifies them for the car loan. However, that’s not the only way that a credit score will affect a vehicle loan.

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A Guide to Auto Loans in 2022

Better Credit Blog

One of the benefits of auto loans – which can actually be a problem – is that they’re so easy to get. Most auto loans are straightforward. But there are various types of auto loans that contain different provisions. If you don’t know what they are, you could pay too much for your loan. Auto Loans Can Be “Good Debt”.

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