Author: Press Room

Only 33% of student loan holders have been making regular payments since they started up again in October – and about half are looking to use an income-driven repayment plan or are seeking outright forgiveness, according to a Civic Science survey. Student loan payments picked up again last October after a 42-month payment and interest accrual pause. After a more than three-year pause, many Americans have had to make significant adjustments to their household budgets to afford their student loan payments. Roughly 58% of student loan holders said that they are at least “somewhat” or “very” concerned about paying their student…

Medical bills may soon be removed from many credit reports. The Consumer Financial Protection Bureau (CFPB) just proposed a rule that would eliminate medical debt from credit reports in an attempt to prevent debt collectors from using the reporting system to get people to pay. The rule also intends to create higher levels of privacy for individuals with medical debt and increase the number of loan approvals. In the past, credit reporting companies could share medical debt with lenders, who would consider these debts in their lending decisions. This led to a long list of denials for borrowers facing high…

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Summary Fox Factory (NASDAQ:FOXF) is facing some troubling times after a particularly large acquisition, rising interest rates and falling margins have been plaguing the company. After diving deep into their financial history, I find that the current prices seem to be reasonably fair. However, some of the qualitative aspects of the case, coupled with my view on the macro environment, make me call this a SELL instead of a HOLD. Company overview Fox Factory designs and manufactures vehicle accessories. Their main focus is suspension products, but they have expanded to include other peripherals as well. They are mostly known among…

Washington Post publisher Will Lewis is facing a PR crisis, with his own newspaper and rivals investigating his past as a senior executive at Rupert Murdoch’s media empire.It is the sort of problem that Lewis has, until recently, tried to solve for clients of his communications and consultancy firm, WJL Partners, named from his initials.Founded in 2020, WJLP has hosted dinners and other events for high- powered industry bosses, investors such as Sequoia Capital and politicians, as well as providing services such as preparing clients for media interviews, according to those familiar with its business.On its website, WJLP says it…

Between half and three-quarters of older adults are diagnosed with pre-diabetes. But what does it mean? And what should you do if you get such a diagnosis? Increasingly, many experts say older patients should not overreact. A diagnosis of pre-Type 2 diabetes often produces anxiety and confusion in seniors. It can lead to unnecessary tests and medications. And, if poorly managed, treatment can lower blood sugar too much, which is more dangerous for many older adults than diabetes itself, which is high blood sugar. The important thing to remember is a diagnosis of pre-diabetes does not mean you are at…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The interest rate on a 30-year fixed-rate mortgage is 6.625% as of June 7, which is unchanged from yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 5.990%, which is also unchanged from yesterday. With mortgage rates changing daily, it’s a good idea to check today’s rate before applying…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. Borrowers with good credit seeking personal loans during the past seven days prequalified for rates that were lower for 3-year loans and higher for 5-year loans when compared to fixed-rate loans for the seven days before. For borrowers with credit scores of 720 or higher who used the Credible marketplace to…

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