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Elite Financial Group

Fed rate cut: Here’s what it means for your mortgage rate, credit cards, savings accounts and more

by Elite Financial Group | Sep 17, 2025 | Personal Finance

The Federal Reserve cut its benchmark by a quarter point. Here’s what that means for the borrowing and savings rates you pay.Read More…

DOJ sues Rhode Island over student loan forgiveness program, alleging racial discrimination

by Elite Financial Group | Sep 17, 2025 | Personal Finance

The U.S. Department of Justice has filed a lawsuit alleging that Rhode Island’s student loan forgiveness program for teachers of color is discriminatory.Read More…

‘No tax on tips’ offers financial planning opportunities. But don’t make ‘major moves’ yet, pro says — here’s why

by Elite Financial Group | Sep 17, 2025 | Personal Finance

President Donald Trump’s “no tax on tips” deduction offers financial planning opportunities for some workers. But here’s what to know first.Read More…

Social Security payments, federal benefits to go electronic this month as paper checks phase out

by Elite Financial Group | Sep 17, 2025 | Personal Finance

The federal government will switch from paper checks to electronic payments this month. Here’s what Social Security and other payment recipients need to know.Read More…

Student loan borrowers may face ‘enormous tax liability’ amid Trump administration delays: union

by Elite Financial Group | Sep 16, 2025 | Personal Finance

Student loan borrowers who are entitled to debt forgiveness but haven’t been able to get it under Trump may face an “enormous tax liability,” a union warns.Read More…

Credit scores fall for the second year in a row as more borrowers miss payments

by Elite Financial Group | Sep 16, 2025 | Personal Finance

The average FICO credit score fell two points year over year to 715. The resumption of federal student loan delinquency reporting was a key factor.Read More…
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