Helping People Get Debt Free since 1958
DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information. Elaine Silvestrini | DECEMBER 28, 2020 Millions of Americans are unemployed, and thousands of businesses are struggling amid a crushing recession brought about by the COVID-19 pandemic. Yet bankruptcy filings remain at …
Continue reading “Consumer bankruptcies at historic lows amid pandemic recession”
DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information. Posted 21 December 2020 By findCRA Under Industry News Extensions ensure borrowers can continue to seek assistance and avoid eviction and foreclosure while maintaining temporary policy flexibilities for lenders and servicers Today, the Federal Housing …
DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information. Nearly two-thirds of Americans expect to pile up balances, new research finds. By LendEDUDecember. 15, 2020 Since March, millions of Americans have faced a tremendous financial struggle because of the coronavirus pandemic …
Continue reading “Most Americans Will Take on Record Credit Card Debt This Holiday Season: Survey”
DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information. By MagnifyMoney.com Dec 16, 2020 Updated Dec 16, 2020 CHARLOTTE, N.C., Dec. 16, 2020 /PRNewswire/ — Despite the general chaos of 2020, more than half of Americans will make a money resolution for 2021, and another 16% …
DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information. by Brian RileyDecember 1, 2020 Credit card borrowing is open to all. The Equal Credit Opportunity Act (ECOA) made fair lending the law of the land in 1974. Suppose a lender has a bias towards race, …
Continue reading “Credit Card Delinquency, Dementia, and Mental Health”
DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information.Tanisha A. Sykes Special to USA TODAY One of the most important factors that lenders consider when evaluating you for a mortgage is your debt, including any student loans you must pay back. …
Continue reading “What to know about buying a house while you have student loan debt”
DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information. by Ryan Smith 20 Sept 2020 The total percentage of consumers in “financial hardship” status for mortgages, auto loans credit cards and personal loans dropped last month, according to a new study by …
Continue reading “Mortgage industry weathering pandemic well – TransUnion”
DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information. by Ryan Smith 24 Sep 2020 Serious delinquency rates dipped in September for mortgages and other credit products – but potential challenges remain ahead for borrowers, according to a TransUnion report. Serious delinquency …
Continue reading “Serious delinquencies down, but borrowers face challenges ahead – TransUnion”
DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information.The Fed’s latest Survey of Consumer Finances might come with a caveat: The data measure a period that may seem long ago and far away — the time before COVID, of course. But they …
DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information. New joint venture aims to raise $1 billion for affordable housing. By Kimberly Latimer-Nelligan, Andrea R. Ponsor, and Lori Little As a nation, we are facing crisis after crisis. More than 200,000 Americans …
