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Consolidation Loans
2021 student loan interest deduction
Father and daughter calculate their student loan interest deductionThe student loan interest tax deduction is intended for students and their parents who repay federal student financial assistance. This is the "above the line" adjustment…
Illinois exceeds deadline to repay $ 4.2 billion federal unemployment insurance loan
Illinois missed the September deadline to repay a $ 4.2 billion federal unemployment loan. Employers warn that inaction by state lawmakers could "cripple" businesses and economic recovery from COVID-19.
Illinois state…
How does the debt avalanche method work?
The main advantages of the debt avalanche method are the savings and the speed it offers. By tackling your most valuable debts first, you pay off your debts as quickly as possible, while saving as much interest as possible.Plus, the Debt…
Should you pay off your debts or save for your retirement?
Scenario 2: When should consumers prioritize debt repaymentAccording to a recent report, the average credit card APR is 20%. If you carry a balance at a high APR, paying it off as soon as possible is essential. Or, at least, refinance it…
Are There Good Bad Credit Debt Consolidation Loans?
The average credit score in America was 711 from 2020 - a figure that falls into the “good” category on the FICO scale. However, examining this average score does not tell the whole story for many Americans. For example, older!-->…
Biden revokes Trump’s student loan monitoring rule, paves way for investigations
Biden administration repealed Trump-era rule that defends consumers argued that the Ministry of Education to subvert law enforcement investigations into student loan officers - one of the series of recent revisions this could pave the way…
Best Uses for a Home Equity Line of Credit (HELOC)
Editorial independenceWe want to help you make more informed decisions. Certain links on this page - clearly marked - may direct you to a partner website and earn us a referral commission. For more information, see How we make…
Want to forgive your student loan? New report says 80% of you will be rejected
President Joe Biden (Photo by Scott Olson / Getty Images)
Getty Images
Want a student loan discount? Shocking New Report Says 80% Of You Will Get rejected.
Here's what you need to know.
Student loans
A…
How much money should you put in to get into debt?
Select's editorial team works independently to review financial products and write articles that our readers will find useful. We may receive a commission when you click on product links from our affiliate partners.Almost all Americans are…
Is it better to pay off a debt or settle it? – Councilor Forbes
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but this does not affect the opinions or ratings of our editors.
Find out if you…