New Survey Shows the Impact of Student Debt on Homeownership Financial aid in college can be your best friend or your worst nightmare. It can lead to an advanced degree that leads to a better job with higher pay and superior benefits. It can also be a hindrance: it’s the reason why millennials with student loans can’t buy a home.
Affordable housing is increasingly hard to find in today’s market. According to data from Trulia, America’s inventory of starter homes has decreased by almost half compared to six years ago while prices rose by almost 58 percent.
div Bankruptcy Rules Might Go Up for Review According to the G.19 Consumer Credit Report recently released by the Federal Reserve, America’s total student loan debt has topped $1.5 billion – and we are having trouble paying off that debt. At of the end of 2017, a whopping 11 percent of student loans were either ninety days delinquent or in default.
Father’s Day will be here soon. Have you picked up anything for Dad yet?
Are you planning to take out student loans soon? Be prepared to pay more for the privilege.
Getting a personal loan online has grown into a multi-billion-dollar industry, with lenders ranging from individuals in peer-to-peer programs to big banks. Although countless Americans have been helped by the ability to borrow money without leaving home, others have hurt themselves by being ill prepared for the process. “Because the loans are being evaluated remotely, the chances of making a mistake are increased,” warns Todd Nelson, business development officer of LightStream.com, which offers personal loans ranging from $5,000 to $100,000 in value. Nelson reveals the five worst mistakes you can make when borrowing money online.
Buying a home will probably be the most expensive item you ever purchase… until you buy the next one. Finding the right home at the right price is always a challenge. Discover how other American homebuyers searched for – and found – their homes in the following infographic above, based on the latest report from the National Association of Realtors.
Act Before May 31 to Get Your Money Back Although Western Union has served as a reliable method for rapidly sending money over long distances since the late 1800s, the service is also used by scammers with increasing frequency. This has resulted the settlement of Federal Trade Commission (FTC) charges that Western Union had not been doing enough to protect consumers from these scammers. The FTC has tallied over 550,000 consumer complaints of fraudulent money transfers involving Western Union between January 2004 and August 2015.
Where You Can Make the Best of a Bad Credit Situation It’s no fun having a bad credit score. You pay higher interest rates for your credit – if you can get credit at all. You have little room for financial error. A small, unexpected bill can cause big problems. At least your hardships may not be as bad if you live in certain states. RewardExpert, a site that helps users optimize credit and debit card reward programs, examined factors that affect residents with poor credit – such as typical expenses, usury laws to limit predatory lending, and the status of debt collectors – and how those factors vary in each state. Where is bad credit more tolerable? Consumers with bad credit should avoid the coasts and stick to the Midwest – not surprising, given the typically high costs of living in coastal areas.