CFPB proposes billion-dollar settlement against national credit repair entities
A settlement was proposed against entities like Lexington Law and CreditRepair.com.
You have a world of options at your fingertips when it comes to paying down your loans. Knowing what they are is the key to becoming debt-free.
— Hanneh Bareham
Hanneh Bareham, a Certified Financial Education Instructor℠, is a former Bankrate personal finance writer. She started as a credit cards reporter before transitioning into the role of student loans reporter. She is now a writer on the loans team, further widening her scope across multiple forms of consumer lending.
She has been featured in multiple national and regional media outlets, including Yahoo, CNBC, Business Insider, The Chicago Tribune, The Seattle Times and more. Her desire to empower borrowers comes from her own experiences as a college graduate managing her finances during a tumultuous economic climate. She aims to help others reach their goals through a better understanding of macroeconomic trends.
When she's not checking her repayment strategies with a loan calculator, Hanneh enjoys acting, baking and trying to find the best cup of coffee on the East Coast.
When it comes to taking out any sort of installment loan or repayment plan, it's so important to know exactly what you're signing up for. Before applying, read the terms and conditions or find the basic loan details — like interest rate ranges and repayment terms — on the lender's website to make sure you're doing what's best for your finances.
You have a world of options at your fingertips when it comes to paying down your loans. Knowing what they are is the key to becoming debt-free.
— Hanneh Bareham
A settlement was proposed against entities like Lexington Law and CreditRepair.com.
The CFPB has sued an installment loan company for alleged aggressive and illegal practices
Biden announced a new federal student loan repayment plan to help borrowers.
Most consumers may want to exercise caution around taking out a home improvement loan.
Crypto lending is an option for borrowers who need money fast, but it has risks.
The choice you make depends on your situation, lifestyle and budget.
There are many benefits of a college degree, but cost is still an important factor.
HEERF was created in response to the pandemic, but funds are running out.