Nearly half of borrowers are experiencing considerable stress following the conclusion of the federal student loan forbearance. More than one in four are concerned that resuming payments will force them to take on more debt to make ends meet, according to a new survey by… Read More
Read more in: General News | Tagged achieve, andrew housser, student debt, student loans
SoFi at Work – the holistic, financial well-being, and education assistance benefits partner to more than 1,000 organizations – announced the launch of a new Student Loan Verification (SLV) service. SoFi (NASDAQ: SOFI), the digital personal finance company and all-in-one app, announces this new addition… Read More
Read more in: Fintech | Tagged debt, financial wellbeing, loans, sofi, sofi at work, student debt, united states, us
The economy took a wild ride in 2022, and with interest rates continuing to rise, inflation expected to remain relatively high and household savings dwindling, 2023 could be “just as challenging,” according to an update from TrueAccord. As consumers battle high inflation and interest rates… Read More
Read more in: Fintech | Tagged debt collection, loans, outlook 2023, research, Research Report, Research Study, savings, student debt, trueaccord
Candidly, which claims to be the market’s most comprehensive student debt and savings optimization platform, announced it raised $20.5M in a Series B round of financing, led by Altos Ventures, with follow-on participation from Cercano Management. The Series B investment round reportedly “follows a year… Read More
Read more in: Fintech | Tagged altos ventures, digital financial services, financial services, investment round, savings, student debt
Alchemy Technologies, an established Fintech infrastructure development firm headquartered in Utah, has teamed up with financial technology firm Plaid, which provides a data network that powers the software tools that millions of consumers are using to “improve their financial lives.” Alchemy is notably one of… Read More
Read more in: Fintech | Tagged alchemy, alchemy technologies, darius goldman, fintech infrastructure, lending, lowell putnam, meratas, plaid, student debt, timothy li, united states, us, utah
Online lending platform SoFi announced on Wednesday the launch of its student loan refinancing program that is dedicated to medical residents. The program enables the residents to tackle their college debt faster. It was revealed: “Anyone who pursues the medical field knows that the path… Read More
Read more in: Investment Platforms and Marketplaces | Tagged education, medical, sofi, student debt, student loans
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