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Bank Account

Fed Rate Cuts Loom: What Savers Can Expect in 2025

August 26, 2025
The Federal Reserve’s monetary policy decisions are poised to significantly influence savings rates throughout 2025. Following a period of elevated interest rates that benefited savers, the central bank is expected to implement rate cuts, which […]
LendingClub savings account with stacked coins.
Bank Account

LendingClub Launches New High-Yield Savings Account with Tiered APY

August 25, 2025
LendingClub has launched a new high-yield savings account, the LevelUp Savings account, offering a competitive 5.30% APY. However, this top-tier rate is contingent on meeting a monthly deposit requirement of $250. Savers who do not […]
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Loans

What the Election Could Mean for Student Loans: Harris vs Trump

September 12, 2024
As the 2024 presidential election nears, the fate of student loan forgiveness is at the forefront of many borrowers’ minds, particularly as Vice President Harris and former President Trump have such wildly differing viewpoints. Federal […]
Federal Reserve building with dark clouds
Loans

Fed Considers Rate Cut Amid Economic Uncertainty

September 4, 2024
The Federal Reserve is contemplating a rate cut as economic indicators show signs of cooling, causing concern among investors and market participants. This potential move could have significant implications for various financial instruments and savings […]
People with worried expressions holding financial documents.
Bank Account

Nearly 75% of Americans Regret Financial Decisions, Survey Reveals

August 22, 2024
Nearly three out of four Americans have financial regrets, with the most common being the failure to start saving for retirement early enough, according to a new survey from Bankrate. The survey highlights the financial […]
Gavel and stethoscope on medical bills, legal action
Bank Account

CFPB Orders Medical Debt Collection Agency to Cease Operations

July 20, 2024
The Consumer Financial Protection Bureau (CFPB) has taken decisive action against Commonwealth Financial Systems, a medical debt collection agency, ordering it to shut down and imposing a $95,000 fine for multiple legal violations related to […]
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Loans

Education Department to forgive $1.2 billion in student debt for 35,000 borrowers

July 18, 2024
The Biden administration has announced that it will forgive $1.2 billion in student loans for 35,000 public service workers. This move is part of ongoing efforts to fix the Public Service Loan Forgiveness program and […]

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