by Whoosh Agency | Mar 30, 2021 | News, Student Loan Trusts, Student Loans
According to NerdWallet, Biden’s student loan forgiveness could wipe out debt for 15 million borrowers. More than a third of federal borrowers could see their balances fall to zero with $10,000 in debt cancellation. However, for now, the forgiveness only extends to...
by Whoosh Agency | Mar 3, 2021 | Consumer Debt
If you are behind on your bills and wondering what to do, you are not alone. According to the Consumer Financial Protection Bureau’s recent report, “ Over 11 million families are behind on their rent or mortgage payments: 2.1 million families are behind at least three...
by Whoosh Agency | Feb 24, 2021 | Consumer Debt, Subprime
If you’ve ever tried to get a mortgage or a car loan, you likely heard the term “debt to income ratio.” This ratio is a number that lenders use to determine how much more debt you can afford to pay each month. If your debt to income ratio is high, lenders will be less...
by Whoosh Agency | Sep 29, 2020 | Student Loans
If you are struggling to pay your student loans in today’s economy, you are not alone. According to The Institute for College Access & Success, a nonprofit organization, “about two in three (65 percent) college seniors who graduated from public and private...
by Whoosh Agency | Sep 22, 2020 | Student Loans
If you are struggling with student loan debt, it can be overwhelming and stressful. You are not alone though. A Nerd Wallet 2018 study shows that “The average U.S. household with student debt owes $47,671”. Student debt is a common problem, but it is not...
