Student Loans

March 23, 2017

Justice Department Declares CFPB ‘Unconstitutional’

The case of of PHH Corporation vs. Consumer Financial Protection Bureau just took a turn that is simultaneously shocking and completely expected at the same time.  In a major reversal, the Justice […]
March 21, 2017

Student Loan Debt: A $1.3 Trillion Crisis

According to the New York Federal Reserve, U.S. student loan debt has soared to $1.3 trillion becoming the second highest consumer debt category, more than both […]
March 14, 2017

Millennials Locked Out of Housing Market Again

For quite some time, we’ve heard that Millennials have put off buying a home.  These reasons include student debt load, tighter lending standards, and simply not wanting […]
March 6, 2017

Are Automakers Creating the Next Financial Crisis?

The country’s auto debt hit a record in the fourth quarter of 2016, according to the Federal Reserve Bank of New York, when a rush of year-end […]
February 21, 2017

Will Household Debt Hit New Record in 2017?

Americans’ debt balances rose “substantially” in the final quarter of 2016, according to the Federal Reserve Bank of New York.   Household debt totaled $12.58 trillion as […]
February 17, 2017

Most Americans Ruin Their Credit by Age 30

A whopping 68% of Americans make at least one major financial mistake, or “credit fumble,” before turning 30, leading to a negative mark on their credit […]
February 10, 2017

New Administration Brings New Tax Laws for 2017

As a new administration takes up residence in the White House, most Americans are preparing to file their 2016 taxes. But if the new administration has […]
January 4, 2017

Lending Trouble Lies Ahead in 2017

Mortgages, commercial-and-industrial loans, subprime auto lending and student lending are ripe for setbacks and, in some cases, crises in 2017.  Here is a breakdown of each […]
November 28, 2016

Black Friday/Cyber Monday Online Sales Top Forecasts

Black Friday’s blockbuster online sales don’t appear to have come at Cyber Monday’s expense.  As of 10 a.m., retail websites had raked in $540 million on […]