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How Overhauling the Gainful Employment Rule May Affect Student Loan Borrowers 10/09/2018 08:00pm • The Trump administration is attempting to roll back an Obama-era rule that regulates career colleges and technical schools. The Department of Education announced in August its plans to rescind the g ainful employment rule. Under the Obama-era rule, the Department of Education would require educatio How should I finance assisted living? 10/09/2018 08:00pm • In March 2018, the U.S. Census Bureau reported that by 2030, all baby boomers will be over the age of 65, leading to a unique situation in demographics: 20 percent of U.S. residents will be retirement age. This is in part because life expectancy has increased. The Population Reference Bureau repo Sears Holdings Corp (SHLD) Bankruptcy May Be Imminent 10/09/2018 08:00pm • After 125 years of operation, Sears Holdings Corp (Nasdaq: SHLD) may finally be throwing in the towel. CNBC is reporting that sources familiar with the matter say Sears is in talks to secure bankruptcy financing, an eventuality that most Wall Street analysts have seen coming for years. Sears stock What Annual Income Is Required for a Credit Card? 10/08/2018 08:00pm • Once you've sat down at your computer to fill out a credit card application, hitting send can feel like you're transmitting your information into a black hole. Did you fill it out correctly? Will you be approved? Credit card companies may not detail the specific requirements for card approval, but How to Move Money Into Foreign Bonds 10/08/2018 08:00pm • To the uninitiated, investing in foreign bonds might sound a bit like opening a secret Swiss bank account, or doing something that ever so slightly resembles the international intrigue of a spy movie. But before any of us get caught up in visions of Bond -- James Bond -- let's take a step back and c Why the Difference Between APR and APY Matters to Investors 10/08/2018 08:00pm • The difference between APR and APY may be one small letter, but it's one giant leap in potential cost or return to investors. Both APR, the annual percentage rate, and APY, the annual percentage yield, appear on investments and financial products like credit cards, loans and CDs, but they are not in How the New IRS Rules Affect Student Loan Benefits 10/08/2018 08:00pm • More companies are rolling out different types of student loan repayment perks to recruit millennial and Gen Z employees who are saddled with debt. "Over the last couple of years in general, as the labor market has tightened, there's been more competition for talent. One of the ways for companies t Access National Bank to be acquired by Union Bankshares in $610M deal 10/05/2018 09:30am • WASHINGTON — Reston, Virginia-based Access National Bank, one of the D.C. region's largest Small Business Administration lenders, has agreed to be acquired by Richmond-based Union Bankshares Corp. in an all-stock deal valued at $610 million. The acquisition will strengthen Union Bank's presence Do Business Credit Cards Affect Your Personal Credit? 10/04/2018 08:00pm • One of the many benefits of using a small business credit card includes separating your personal affairs from those of your business. But when it comes to your credit, it's almost impossible to have complete separation. Nearly all business credit cards require a personal guarantee, and some will eve How to Remove Yourself as a Co-Signer on a Credit Card 10/03/2018 08:00pm • If you have a family member or friend with bad credit, you might get asked to co-sign on a credit card. Co-signing is a generous act that can help someone get access to credit and learn how to manage it responsibly, but don't sign the dotted line just yet. There are a few risks: You could end up tak What to know about 401(k) benefits for student loan payments 10/03/2018 08:00pm • For many borrowers, repaying student loans is tough work. But achieving those debt payoff goals while fully funding a retirement savings account is even harder. For those struggling to perform this juggling act, a tax decision made public in August from the Internal Revenue Service offered a glim How to Read a Closing Disclosure 10/03/2018 08:00pm • Refinancing or closing on a new home is an exciting time, but don't skip off to the signing table before reading the closing disclosure. After closing, the property and all its financial responsibilities will be yours. For this reason, it is essential that you give this document your utmost attenti 5 uncommon ways to use a home equity line of credit 10/03/2018 04:34am • WASHINGTON — A home is the largest asset for most Americans. Not only is it where you live and make memories, tapping into a home's equity — the difference between what you could sell your house for and the amount you owe on the house — may provide the funds to cover large expenses with reason What College Students Need to Know About Credit Card Fraud 10/02/2018 08:00pm • Almost two-thirds of college students aren't concerned about falling victim to identity fraud, according to a 2015 report by Javelin Strategy & Research. At the same time, students experienced the most severe effects of fraud of any age group. It's not always possible to prevent credit card fra How Debt Collection May Change for Student Loan Borrowers 10/02/2018 08:00pm • The U.S. Department of Education may sever ties with private debt collection firms. This could be good news for federal student loan borrowers in default. Consumer advocates say some delinquent borrowers have dealt with collection agencies that haven't been forthcoming about options that may be avai