Author: administración

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. May 14, 2026 Federal Reserve Board releases results from two surveys of senior financial officers at banks about their views on discount window operating days and their strategies and practices for managing reserve balances For release at 10:00 a.m. EDT The Federal Reserve Board on Thursday released results from two surveys of senior financial officers at banks about their views on discount window operating days and their strategies and practices for managing reserve…

Read More

Key PointsMost major student loan refinance lenders require a FICO score of about 650 to 680 to qualify, but the lowest advertised rates are typically reserved for borrowers with scores of 740 or higher.Top lenders covered range from no published minimum (SoFi) to a 720 floor (Brazos), with most clustering between 660 and 680.Lender disclaimers consistently state that advertised “starting rates” require the shortest repayment term, autopay enrollment, and the strongest credit and income profiles, meaning the rate in the headline is rarely the rate the average borrower receives. The credit score needed to refinance student loans is one of…

Read More

The Department of Education’s income-driven repayment (IDR) application backlog dropped to 530,295 at the end of April 2026, down from 553,966 a month earlier, the agency reported in its court-ordered status filing (PDF File) on May 13, 2026.The Department’s loan servicers decided 456,594 IDR applications in April — a new monthly high, surpassing the 424,583 it processed in March. The roughly 24,000-application drop in pending cases came even though the agency processed zero IDR plan discharges last month (though that’s due to administrative issues).It’s important to note that roughly 7 million borrowers in the SAVE forbearance need to change repayment…

Read More