Tag: car loans

Did Borrowers Spend More During Student Loan Freeze?

Squared Away Blog by Kimberly Blanton

May 30, 2023

The pause in federal student loan payments during COVID has been a golden opportunity to chop down the debt. In March 2020, Congress stopped charging interest on the loans when it suspended the monthly payments. The moratorium is slated to continue through June. The zero-interest loan means inflation actually eroded the value of the debt,…

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