5 ways to improve your credit score in 2022
Building your credit history can be as simple as checking your credit report for errors and improving your on-time payment history.
Electric vehicle sales hit record high in 2021, KBB reports
EV sales increased 72% year-over-year, according to KBB, but there are some important costs of EV ownership that drivers should consider.
5 ways to use your tax refund strategically
Taxpayers received an average tax refund of nearly $3,000 in 2021, according to the IRS, and it's possible to use this cash windfall to improve your financial situation.
Average consumer will spend $175 on Valentine's Day gifts, data shows
A new survey exploring Valentine's Day shopping trends and statistics found a historic level of consumer spending in 2022.
Most Americans want student loan payment pause extended until 2023, poll shows
A January poll from Data for Progress found that 59% of Americans support extending the federal student loan payment suspension through the end of the year.
Resuming student loan payments without debt forgiveness would be 'disastrous,' Democrats warn
Prominent Democratic lawmakers are calling on the president to cancel student debt before federal student loan payments resume in May.
40% of millennials say credit card debt is their biggest financial setback, survey finds
A new survey found that millennials are more financially confident and optimistic than any other generation, but they're held back by high-interest credit card debt.
You could see a lower tax refund this year, and this is why
With tax season quickly approaching, some families should prepare for lower-than-normal tax returns due to changes from the American Rescue Act.
Majority of small businesses raising prices due to inflation, study shows
Inflation is rising at a record pace, forcing many small businesses to raise their prices. Here's what consumers can do to if they are struggling.
Housing inventory shortages drive seller's market in November, Redfin reports
Redfin's housing market predictions for 2022 are more positive with a higher supply of new homes causing price growth to slow down. But by then, higher mortgage rates are likely to impact housing affordability.
Final child tax credit payments issued as Manchin pulls support for Build Back Better
The Build Back Better bill is a $1.7 trillion social safety net that includes investments in climate change, health care and child care, which includes expanding child tax credit (CTC) payments through 2022.
Single Americans would rather buy a home than pay for a wedding, survey finds
Unmarried Americans are prioritizing homeownership over paying for a wedding, according to a new survey.
Student loan payment pause will not be extended, White House confirms
White House press secretary Jen Psaki confirmed that federal student loan borrowers will need to resume making payments in February.
Democrats push Biden to cancel student loans after House passes Build Back Better
Progressive lawmakers are calling on President Biden to cancel student loan debt as some Americans have qualified for forgiveness under borrower defense, total and permanent disability (TPD) discharges and a limited PSLF waiver.
The risks of using buy now, pay later to finance holiday shopping on Black Friday
Buy now, pay later apps let you break up larger purchases into a short-term repayment schedule. But there are a few things you should know before you use them to finance holiday shopping.
Social Security 2022 benefits payment schedule – when to expect your checks
Social Security released its 2022 calendar showing the dates of benefit payments for the year.
Biden administration begins notifying borrowers of student loan servicer changes
FSA began notifying borrowers of changes to their federal student loan repayment plans. Here's what you should know if your loan servicer is changing.
Social Security payments increasing significantly in 2022, new bill could send payments higher
The Social Security Administration is seeing some changes, including increased payments to go out in 2022. Now, members of Congress are introducing a bill to save the program and expand its benefits.
Housing supply can't keep up with demand, says NAHB CEO, but solution to ‘looming crisis’ must be found soon
Homebuilders are unable to keep up with the demand for new homes as labor and supply shortages continue. Here are the options available if you want to avoid today's competitive housing market.
Biden administration announces student loan forgiveness program overhaul, will impact over 500K borrowers
The Biden administration announced its plans to overhaul the Public Service Loan Forgiveness program, impacting half a million borrowers.