Loans

These are the 3 biggest financial scams in America: What to know and how to fight back

Considering that you spend most of your waking hours earning money, it only makes sense to keep the cash you worked so hard for safe from scammers. …

Identity Theft

Trump’s treasury secretary dismisses debt ceiling as a “somewhat ridiculous concept”

Mnuchin's logic was not shared by Republicans — nor Trump — during the Obama era<p>Republicans may have spent the better part of President Barack Obama’s administration clamoring about the importance of the debt ceiling, but that hasn’t stopped President Donald Trump’s treasury secretary from …

Republicans

The Latest--And Surprising--Victims of the Student-Loan Debt Crisis: Older Americans

We have become accustomed to hearing of the financial plight of recent college graduates, a growing number of whom are either unemployed, underemployed, and/or behind on paying their student loans, which today amount cumulatively to roughly $1.3 trillion.<p>As alarming as this is, it barely begins to …

Retirement

Is a Bi-Weekly Mortgage Payment Plan Right for You?

A bi-weekly payment plan can save you money in the long run, but it's not right for everyone.<p>A bi-weekly mortgage payment plan can save you tens of …

Mortgages

7 tricks to use when refinancing a mortgage

Refinancing can be a very effective way to save money -- just be sure to go about the process in an informed manner, making sound choices along the way. These seven tips can help.<p>Interest rates are starting to inch up, with many expecting the Fed to raise rates a little more later this month. A …

Personal Finance

Americans have SO much debt that they’re taking it to the grave, according to recent data

Americans will likely take their debt to the grave.<p>New data shows that 73% of American consumers die in debt. The average total balance left over is …

Money

Car Salesman Confidential: How to Keep Your Car From Burying You

Avoiding the Albatross of Negative Equity<p>Free Price Quote From a Local Dealer<p>View Special Offers<p>No Obligation, Fast & Simple Free New Car Quote<p>Change Car<p>A couple of years ago I saw a story about a man who died and was buried in his automobile. I forget what kind of car it was. I think it was a 1958 …

Money

Steven Mnuchin calls out debt limit as a 'ridiculous concept'

<b>New York (CNN) —</b> Treasury Secretary Steven Mnuchin on Friday suggested the idea of a U.S. debt limit is misleading.<p>"We've spent the money. So the concept of the debt limit is somewhat of a ridiculous concept. ... This is a payment limitation," Mnuchin said in an interview with Axios cofounder Mike …

Subprime Auto Loans Risk Hurting Economy: Fitch Ratings (F, GM)

The proportion of Americans falling behind on their car repayments is increasing and likely to deteriorate even more, a new report from Fitch Ratings …

Personal Finance

7 ways to increase debt payoff momentum

Paying off debt routinely is not always easy. This article examines 7 ways you can increase your debt payoff momentum.<p>Once you get into the habit of …

Personal Finance

Payday Loans Near Me No Credit Check

Get access to cash advance <b>Payday Loans Near ME</b> lenders when you need it most. Online payday loans can be the right solution to your short-term …

Personal Finance

Fortescue repays 2019 term loan

Fortescue Metals Group has issued a US$1 billion (A$1.3 billion) repayment notice for the 2019 senior secured credit facility.<p>This term loan …

Inexpensive credit for speculators is fuelling irrational housing price increases

Instead of blaming foreign buyers, we need to crack down on where speculators are getting the money<p>In the debate about how best to address soaring …

Real Estate

ANZ, Westpac hike rates on interest-only loans

Westpac and ANZ have moved to raise their rates for interest-only loans amid a looming crackdown on risky lending as concerns about a property bubble …

Banking

Fortescue to repay another $US1bn off debt

Iron ore miner Fortescue is taking further advantage of stronger iron ore prices by paying off another large chunk of its debt.<p>The world's fourth …

Iron Ore

How The Fed Rate Hike Could Affect Home Loans In Singapore

This article was originally on GET.com at: How The Fed Rate Hike Could Affect Home Loans In Singapore<p>Are you a homeowner with a floating rate home …

Interest Rates

Is Lending Club Really Like Amazon?

The CEO made the case that Lending Club's bad 2016 was like Amazon's 2000. Is he right?<p>2016 was a terrible year for <b>Lending Club</b> (NYSE:LC). Scandal …

Banking

New York City Just Made It So Much Easier to Be a Female Entrepreneur

No one ever said being an entrepreneur is easy. And being a minority entrepreneur? Even tougher.<p>But starting a small business as a woman or person of …

Small Business

8 Money Mistakes You Want To Avoid In Your 30s

I’m looking forward to turning 30 this year. I’m older, wiser, and eager to leave the money issues of my 20s behind (bye, student loans!).<p>I also know, based on what I’ve observed from my friends and family, that the way I think about money will begin to shift. With so many major milestones that …

Retirement

What Happens When a Country Defaults on its Debt?

Consumer defaults are a fairly common occurrence. Creditors begin to send letters and make phone calls, and if nothing happens, assets can sometimes …

Economics

Predator Colleges May Thrive Again

Congress has tried since the 1940s to curb predatory for-profit schools that survive almost solely on federal money while they saddle students with crushing loans for useless degrees. As the industry’s scandals grew and its role in the student debt crisis became more excessive, the Obama …

College & University

A family earning over $105,000 still can’t afford more than half of U.S. colleges

The bulk of colleges are unaffordable for most families, even taking financial aid and student work into account.<p>That’s according to an analysis published Thursday by the Institute for Higher Education Policy, a nonprofit focused on equity in higher education. The study took 10 fictional students …

College & University

Op-Ed: It may sound crazy, but rising interest rates could actually be good for the housing market

After the Federal Reserve raised the Fed Funds rate by 25 basis points last week, the real estate industry fretted over the potential effects of …

Real Estate

It’s Harder Than Ever to Apply for Student Aid, Here’s What to Expect

Like a lot of systems, the FAFSA (Free Application for Federal Student Aid) process is up in the air right now, and it’s frustrating. If you plan to …

College & University

How Student Loan Debt Can Affect Your Tax Return

<i>By Mario McKellop</i><p>According to Forbes, the average college student graduating in 2016 will leave academia with a degree and $37,000 in student loan …

Taxes

The scandal of the £1.3 billion owed to the taxpayer by overseas students who are not repaying a penny

Hundreds of millions of pounds of taxpayers’ money has been handed out in loans to overseas students who are now not making any repayments.<p>Non-EU …

Freedom of Information

Small Business Financing 101: What's Out There and What's Right For You

The small business lending environment has experienced strong growth in recent years, giving you more options than ever.<p>Whether you're planning on buying your favorite neighborhood laundromat or expanding your network of Krispy Kreme donut franchises, you're probably going to need some type of …

Small Business

Americans Owe Over $1 Trillion on Their Cars

Auto lending has soared, and that could pose a problem for lenders and automakers now that rates are heading higher.<p>Americans in the U.S. owe a …

Investing

If you’re a millennial, here’s how Budget 2017 will affect you

By Vanmala Subramaniam on Mar 22, 2017<p>In their second budget, Prime Minister Justin Trudeau and Finance Minister Bill Morneau have focused on skills training, innovation, and the digital economy as a way to kick-start the Canadian economy.<p>That means new initiatives to help youth learn code, get …

Canada

Looking to Finance Your Wedding? Here's What You Need to Know | Brides

Your wedding will be without a doubt (and regardless of who is paying) the most expensive day of your life. If your personal budget and wedding visions just aren’t working out, you might consider looking elsewhere for help to fund your wedding. If financing the big day is a decision you’re likely …

Weddings