Auto Loan Fraud is becoming an epidemic costing consumers, and the auto industry, billions of dollars. The following piece, written by LendEDU, discusses this very issue in great detail. If you have any questions or Auto Loan Fraud stories of your own, please contact us today! There’s trouble brewing in the auto loan industry and it Read More
The Federal Reserve‘s latest increase in short-term interest rates will have only a modest impact on consumer borrowing costs. But if the central bank continues to push up rates, which seems likely, then consumers should be adjusting their borrowing strategies now to minimize the impact later on. As expected, the Fed raised its benchmark federal funds rate on Read More
Online student loan marketplace LendEDU has ranked the best gift cards, pointing out the attributes that make one gift card a better choice than another. Three of the top five on the list are restaurant gift cards. Scored on factors of popularity among consumers, purchase discount for buyers, resale value for sellers, and shipping charges, LendEDU Read More
Struggling to repay student loan debt? At least you can take some solace in the fact that you’re not alone: a recent survey by LendEDU details the degree to which student loans affect the U.S. economy, and it’s really not pretty. The study shows that US Borrowers owe $1.4 Trillion In Student Loans alone. The survey Read More
The total amount owed on student loans in the U.S. hovers around $1.3 trillion, but a sizable chunk of that debt might suddenly disappear. If it did, it would mostly affect those students who have struggled the most to pay it back. The New York Times reports the student loans in question are private loans, mostly Read More