A gift letter for a mortgage confirms that some or all of the borrower’s down payment money is a gift that doesn’t need to be repaid and that the giver isn’t involved in the purchase or ownership of ...

Learn five strategies to reduce your car payment.

Making principal-only payments on student loans (either monthly or just occasionally) can help speed up the payback time and lower your overall borrowing costs. But just making extra payments on your ...

For many students who crossed the graduation stage in the spring, the long pause before reality sets in is ending. The grace ...

Missing one business loan payment is manageable if addressed promptly — but additional missed payments can lead to serious consequences. Many, or all, of the products featured on this page are from ...

Interest-only payments on a business loan may give you short-term relief if you’re facing financial difficulties. Many, or all, of the products featured on this page are from our advertising partners ...

The Education Department announced an agreement on Tuesday to officially kill the SAVE plan for federal student loans, with ...

Imagine getting a $1 raise only to see your student loan payments jump by more than $1,000 a year. That’s the cliff effect buried inside the GOP’s proposed student loan overhaul, the Repayment ...

Businesses and nonprofits having trouble repaying their COVID-19 Economic Injury Disaster Loan can avoid a costly default by requesting to make smaller “hardship” payments for a period, an official ...