Student Loans
Private student loan interest rates drop for 5-year terms and rise for 10-year terms
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the tools and confidence you need…
Your best advisor to finance and money management.
Explaining Finance is your one-stop website for the latest news, updates, and tips about finance.
Latest News
Students headed for college worried they don’t have the money to pay for it, survey says
Fall semesters at universities across the nation are kicking off. Yet, a majority of students are unsure of how to…
Student loan repayment may force some to take on more debt: Survey
Many student loan borrowers are anxiously bracing for the impact repayments will have on their personal finance once they begin payments…
Many student loan borrowers still clueless about repayment options: Survey
Although millions have already enrolled in President Joe Biden's new Saving on A Valuable Education (SAVE) income-driven repayment (IDR) plan, a recent…
Over 4 million student borrowers enroll in Biden’s SAVE forgiveness plan
More than 4 million student loan borrowers have enrolled in President Joe Biden's new Saving on A Valuable Education (SAVE)…
Private student loan interest rates fall for 5- and 10-year loans
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Student loan payments are due again: What borrowers need to know
For more than three years, federal student loan borrowers have not had to make monthly payments. But that pandemic-era pause…
Americans consider using credit cards to afford student loan payments: survey
Many Americans are bracing for the impact of resuming student loan payments in October, with 33% expecting their monthly debt obligation to…
US housing market faces new hurdle: Student loan repayments
The U.S. housing market has been over the past year walloped by high mortgage rates and a worsening inventory shortage.…
These states will get a bigger slice of Biden’s $39 billion student loan forgiveness pie
Changes to the Department of Education's income-driven repayment (IDR) plans mean some student loan borrowers can expect roughly $39 billion…
Financial aid plays a central role in how students pay for college: report
Rising higher education costs continue to push students to rely on financial aid. Roughly 72% of undergraduate college students received…
Frontier Airlines handing out matching miles for student loan debts of 100 people
Frontier Airlines said it will dole miles to a certain number of people that hold student loan debts. The Denver-based…
Biden bails out more student loan borrowers after Supreme Court rejection
President Biden's administration is officially rolling out its SAVE plan on Tuesday, its latest attempt to grant student debt relief…
Student loan refinance interest rates edge up for 5-year loans only
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Student loan payments set to resume next week: What borrowers need to know
For more than three years, federal student loan borrowers have not had to make monthly payments. But that pandemic-era pause…
Biden forges ahead with new student loan forgiveness repayment plan after clearing legal hurdle
President Joe Biden's path to deliver $39 billion of student debt forgiveness to borrowers paying their loans for over 20…
Private student rates continue to rise for 10-year loans
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Student loan interest payments axed under new legislative bill
Student loan borrowers preparing to repay debt may get some relief on interest payment thanks to a recently introduced legislative…
Student loan refinance interest rates continue to spike for 10-year loans only
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…