Personal Finance

What is FAFSA?

The Free Application for Federal Student Aid — FAFSA — is the form students and some parents fill out to be eligible for federal financial aid for college.

Buy now, pay later is the new layaway: What are the pros and cons?

When Walmart announced it was ending its layaway program for the majority of its store categories in favor of a buy now, pay later format, social media users expressed their confusion and sadness with nostalgic tweets. Retail experts and financial lending providers aren’t surprised by the shift.