American personal-finance company and free credit-management platform
The SAVE income-driven repayment plan has ended and servicers have begun notifying roughly 7–7.5 million borrowers that they have 90 days from their notice to choose a replacement. New Department of Education rules that took effect on July 1 have created a Repayment Assistance Plan and a Tiered Standard plan, tightened graduate and Parent PLUS borrowing caps, and added a temporary autopay interest discount.
UK regulators are expanding Buy Now, Pay Later oversight. From July 15, BNPL providers must be authorised by the FCA, undergo affordability checks, and offer clearer information and complaint routes. The changes aim to protect consumers while preserving access to flexible payments.
The analysis shows Americans face high credit card interest; several options—extra payments, consolidation loans, and personal loans—can reduce total cost and simplify payments, though risks and limits vary.
A wave of new surveys shows Americans face higher retirement costs and uncertainty about Social Security solvency. People are saving less than they think they’ll need, inflation and healthcare costs are rising, and many expect to work longer or rely on savings strategies to bridge the gap.
The Social Security system faces a potential funding shortfall by 2032, risking up to a 22% cut to monthly benefits. Lawmakers are weighing options, including removing the income cap on contributions. Current payments are issued on a staggered schedule by birth dates, with SSI recipients on a separate timeline.
A wave of 2026 surveys shows Gen Z in the United States delaying major life milestones due to high costs in housing and education. Many rely on family support or deplete retirement savings, while rising student debt and mortgage costs reshape plans for homeownership, marriage, and parenthood.
A new Empower analysis shows Americans’ net worth rises with age, reaching into the trillions for Silent and Baby Boomer generations. Younger generations trail, though 401(k) saving and IRA contributions are increasing. The shift signals a historic intergenerational wealth transfer that funds consumption and retirement across decades.
Republican delegates convene in Dallas for two days of speeches, fundraising and Trumpappearances while NFL kickoffs and game broadcasts proceed, underscoring the clash between politics and American sports as networks plan coverage.