Tagged With "loans"

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Keeping up with the latest financial products and services offered to consumers can be a challenge. This month, we look at Buy Now, Pay Later (BNPL) products, a type of small dollar installment loan that is typically interest-free for consumers. This unsecured loan is often offered to consumers at the point of sale online or in-store, allowing them to pay in four or less equal installments, with typically 25 percent of the total due at the time of sale. When payments are made on time, a BNPL...

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https://umd.zoom.us/meeting/re...HZTl4EDLSU15hBZ6Q5YS

Payments on federal student loans have been suspended, without interest, since March 2020. After a 42 month hiatus, payments will resume for borrowers in October 2023. More than three years of suspended payments is a long time. A lot can happen in borrowers’ lives. Here are seven tips to help military families prepare for student loan payment resumption this month.

Learn about the return to student loan repayment, the new SAVE plan, historical loan balances and upcoming changes that impact borrowers.

Whether you’re supporting a service member transitioning to civilian employment, alongside a military spouse, or helping both as they explore options for their child(ren), discover four ways for military families to plan for education expenses.