Loans

Upside-down buyers' next moves vary by brand

Most roll over the debt, but not always<p>Levels of negative equity vary by brand. So do buyers' actions when they discover that they owe more on their …

Mortgages

Titans cornerback paid off his brother’s college loans as a birthday gift

We have discovered the key to people getting rid of their student loans: have a sibling who is a pro athlete.<p>OK, that might not be helpful for, well, …

Students

Sorry, but Student Loan Interest Rates Will Increase (Again!) on July 1

Getting ready to take out loans to help pay for college this year? You may want to reconsider — it’s about to get more expensive to do so.<p>New …

Frugal Living

Ireland’s ‘generation X’ are struggling more than their parents

Retirement

Mozambique debt probe sees R6.4bn in unexplained loans

Johannesburg - Mozambican state companies have failed to account for about a quarter of the proceeds of $2bn in loans being investigated, according …

Credit Suisse

I want to start a family but I still have massive student loans

<i>How can I pay off six-figure student loans while earning my PhD, living in an expensive city and trying to adopt a child? --Derion</i><p>It's tough for students to plan for the future while wrestling with student loan debt. But with careful strategy, it's not impossible.<p>There are a few steps you can take …

Financial Planning

Government Has Rationalized Much Dubious Lending

Among the many things it does, the federal government is one of the nation's largest lenders. It lends to farmers, homeowners, students, small …

Small Business

More used, fewer new sales could improve negative-equity levels

But it won't be anytime soon, expert says<p>Experts have mixed views on the future of negative-equity levels, but most agree that it largely will depend …

Mortgages

Negative equity adds to GAP losses

Exec: Problem likely to worsen in near term<p>Guaranteed Asset Protection claims — and losses — are on the rise, and ballooning negative equity appears …

Mortgages

Hyundai Capital: Burying buyers in debt is dangerous

It's no secret that customers with a lot of negative equity can present huge risks for lenders. But there are steps brands and dealers can take in …

Mortgages

Maybe You Shouldn't Buy A New Car Right Now

Buying a new car can be exciting. The chance to score a great deal is especially alluring and right now seems to be the perfect time to buy a car. …

Money

Auto loans are experiencing a toxic trifecta

Institutional investors that manage other people’s money grabbed subprime auto-loan backed securities because of their slightly higher yields. These bonds are backed by subprime auto loans that have been sliced and diced and repackaged and stamped with high credit ratings. But those issued in 2015 …

Finance

What's the Deal With First-Time Homebuyer Loans?

If you're going to rent the place out, you'll need to use a different type of loan – these programs are not for investors.<p><b>Health and safety:</b> the home …

Mortgages

China's new yuan loans rise in May, M2 growth slows

BEIJING - China's new yuan loans continued to increase in May with money pouring into the real economy but M2 registered unexpectedly low …

People's Bank of China

Westpac hits back at ASIC responsible lending claim

Westpac has rejected the corporate watchdog's claim it broke responsible lending laws in the mortgage market, saying the regulator has failed to …

Mortgages

Financial Failures – Taking Loans From 401k

Earlier, I wrote a few posts on financial failures on our route to financial independence and early retirement (FIRE). The idea was to share that …

Personal Finance

Soaring home prices increase Dallas-area home equity | Real Estate

Dallas-area homeowners are gaining wealth in the value of their properties.<p>Dallas-Fort Worth home prices have had some of the biggest gains in the …

Real Estate

A Crisis Brewing For Auto Loans?

An unexpectedly rapid rise of both ride-sharing and shared autonomous vehicles seems likely to threaten all three of the factors that historically …

Business

Mumbai: Marathi poet takes car loans from four banks for house, held

Representational picture<br>The Sion police have arrested a Marathi poet, who, on the pretext of buying a car, took loans from four banks two years ago …

India

Homeowner equity soars in first quarter

Homeowner equity increased significantly in the first quarter of 2017, according to the Q1 2017 home equity analysis from <b>CoreLogic</b>, a property …

Mortgages

Why some people don't take out loans for college

New research identifies some reasons people may avoid taking out loans to pay for college.

Education

4 Unusual Ways to Tap Assets for Cash

Do you know how much cash is tied up in your stuff? Probably not, but the likely answer is that it's more than you realize. Your home, your car, your …

Personal Finance

Mortgage prisoner explosion: why a new generation is at risk of crippling rates

Falling house prices – coming just at the time of a resurgence in low-deposit home loans – could see the creation of a new generation of “mortgage prisoners”.<p>Prices dropped by 0.2pc in May, the third monthly fall in a row, according to Nationwide Building Society, marking the biggest sustained …

Mortgages

Car Salesman Confidential: The Three Best Ways to Buy a Car

Have you considered leasing a new car?<p>A few weeks ago, I wrote about the dangers of negative equity—or owing more for your car than it’s worth—and how most people end up being “buried” in their automobile because they put very little or no money down and finance for the longest term possible when …

Money

How Much Can and Should You Borrow in Student Loans?

High school students often look at Ivy League schools or big-name universities and think, “That’s for me.” It is exciting to have lofty ambitions, …

Students

London first-time buyers: London first-time buyers risk negative equity as house prices stagnate

Building societies are increasingly offering 95 per cent mortgages to young buyers who are struggling to raise the huge deposits required to secure a …

Mortgages

Know Your Options to Reduce Student Loan Payments

The Student Loan Ranger receives many questions from readers. On occasion, we like to share some queries that other borrowers are likely to relate to …

Debt Management

£320k mortgage Northern Ireland man has home repossessed

A Co Tyrone man has lost his High Court battle to stop a bank taking possession of his home.

Mortgages

Guess How Many Americans Now Have Auto Loans

Americans certainly aren't strangers to debt. From student loans to mortgages to credit card balances, we've long been a nation of borrowers. But these days, a growing number of U.S. adults are adding one more form of debt to their tallies: auto debt.<p>According to data released earlier this month by …

Social Security

How can I pay off $175,000 in student loans and still have a life?

<i>I am 27 and just graduated from law school with about $175,000 in student loans. I have a good job, but am torn between working to pay off these loans quickly, or focusing on more equity-building financial decisions, like saving for a down payment on a house. Where should I allocate my</i> …

Personal Finance