Month: December 2021

Spinwheel’s endgame is to assist borrowers in creating a healthier relationship with debt using their embedded finance solutions. We are proud to be the debt API industry leader, with our smarter embedded finance solution that allows your app to access comprehensive debt data, automate payments, and refinance immediately while managing debt intelligently. The low-code drop-in…

While the federal student loan payment pause is expected to end in May 2022, millions of current borrowers (and lenders) are left with less information than they need to know what will happen when that May deadline comes to pass. This blog has been updated on December 23rd, 2021, in light of the recent extension…

debt As student loan legislation takes the spotlight in the media, borrowers, and lenders are left in the air when it comes to the unsure future of student loans. This blog has been updated on December 23rd, 2021, in light of the recent extension of the student loan pause. Here are some of the most…

The original CARES Act, which was signed into law by then-President Donald Trump in March of 2020 was created as a financial relief effort for individuals who were struggling to navigate the uncharted economic waters that were caused by the COVID-19 pandemic. While the initial plan was for the CARES Act to end in October…

During the 2020 Presidential Election, the possible student loan pause Biden touched upon was one of the critical topics debated among the candidates. Now, roughly a year into the Biden presidency and with the nation’s economy still trying to overcome the effects of the COVID-19 pandemic, President Biden’s promises of student loan forgiveness are under…