Families are using the child tax credit to pay off debt, Census Bureau finds

Eligible households have been using the monthly payment to supplement household spending and pay off debt, data shows. But the future of the child tax credit hangs in the balance as the Biden administration struggles to pass the Build Back Better bill, which would extend the benefit through 2022.

What can you use a personal loan for?

Learn what a personal loan is, how to get one, and some common personal loan uses.

Graduates can save more money than ever as fixed student loan refinance rates set record low

Fixed student loan refinance rates set a new record low during the week of Dec. 13, which means that borrowers have the opportunity to reduce their monthly payments, pay off their loans faster and save more money on their college debt.

Should I pay off my student loans or invest?

Not sure if you should pay off your student loans or invest your money? Here’s how to make the right choice for your situation.

Omicron variant drives decrease in mortgage rates: Freddie Mac

Mortgage interest rates decreased leading up to the Christmas holiday due to the spread of the COVID-19 omicron variant.

Tips for spotting and avoiding personal loan scams

Personal loan scams have been on the rise. Here are six red flags that can help you identify scammers and find reputable personal loan lenders.

Biden extends federal student loan payment pause until May 1

President Joe Biden has extended the student loan payment freeze by 90 days through May 1, 2022, “as we manage the ongoing pandemic and further strengthen our economic recovery.”

How much does it cost to refinance a student loan?

Refinancing may make your student loan debt more manageable. And in most cases, there’s no upfront cost. (iStock)

Final child tax credit payments issued as Manchin pulls support for Build Back Better

The Build Back Better bill is a $1.7 trillion social safety net that includes investments in climate change, health care and child care, which includes expanding child tax credit (CTC) payments through 2022.