Families are using the child tax credit to pay off debt, Census Bureau finds

Families are using the child tax credit to pay off debt, Census Bureau finds

Eligible households have been using the monthly payment to supplement household spending and pay off debt, data shows. But the future of the child tax credit hangs in the balance as the Biden administration struggles to pass the Build Back Better bill, which would extend the benefit through 2022.

Eligible households have been using the monthly payment to supplement household spending and pay off debt, data shows. But the future of the child tax credit hangs in the balance as the Biden administration struggles to pass the Build Back Better bill, which would extend the benefit through 2022.

What can you use a personal loan for?

What can you use a personal loan for?

Learn what a personal loan is, how to get one, and some common personal loan uses.

Learn what a personal loan is, how to get one, and some common personal loan uses.

Tips for spotting and avoiding personal loan scams

Tips for spotting and avoiding personal loan scams

Personal loan scams have been on the rise. Here are six red flags that can help you identify scammers and find reputable personal loan lenders.

Personal loan scams have been on the rise. Here are six red flags that can help you identify scammers and find reputable personal loan lenders.

How much does it cost to refinance a student loan?

How much does it cost to refinance a student loan?

Refinancing may make your student loan debt more manageable. And in most cases, there’s no upfront cost. (iStock)

Refinancing may make your student loan debt more manageable. And in most cases, there’s no upfront cost. (iStock)

Final child tax credit payments issued as Manchin pulls support for Build Back Better

Final child tax credit payments issued as Manchin pulls support for Build Back Better

The Build Back Better bill is a $1.7 trillion social safety net that includes investments in climate change, health care and child care, which includes expanding child tax credit (CTC) payments through 2022.

The Build Back Better bill is a $1.7 trillion social safety net that includes investments in climate change, health care and child care, which includes expanding child tax credit (CTC) payments through 2022.

Holiday shopping held back by COVID financial impact, survey shows

Holiday shopping held back by COVID financial impact, survey shows

COVID-19 continues to put a strain on finances this holiday season, however spending is expected to increase from last year, according to a new survey. Here's what to do if you are struggling financially.

COVID-19 continues to put a strain on finances this holiday season, however spending is expected to increase from last year, according to a new survey. Here's what to do if you are struggling financially.

Fed eyes up to 3 interest rate hikes in 2022 to address high inflation

Fed eyes up to 3 interest rate hikes in 2022 to address high inflation

Fed officials also plan to accelerate the central bank's tapering of bond purchases as they adjust their economic outlook on high inflation.

Fed officials also plan to accelerate the central bank's tapering of bond purchases as they adjust their economic outlook on high inflation.

Senators urge Biden administration to simplify military student loan forgiveness program

Senators urge Biden administration to simplify military student loan forgiveness program

Members of the military may qualify to have the remaining balance of their student loan debt forgiven under the Public Service Loan Forgiveness Program. But with strict documentation requirements, Congress is calling for additional student loan benefits for borrowers who served in the Armed Forces.

Members of the military may qualify to have the remaining balance of their student loan debt forgiven under the Public Service Loan Forgiveness Program. But with strict documentation requirements, Congress is calling for additional student loan benefits for borrowers who served in the Armed Forces.