Total Household Debt Climbs To Over $15 Trillion In Q3 2021, Driven By New Extensions Of Credit

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.. TOTAL HOUSEHOLD DEBT CLIMBS TO OVER $15 TRILLION IN Q3 2021, DRIVEN BY NEW EXTENSIONS OF CREDITCredit card balances increase again by $17 billion in the third quarter of 2021November 09, 2021 NEW …

Mortgage rates remain stuck at 3.10%

A year ago at this time, the average 30-year fixed-rate loan was just 2.72% November 24, 2021, 9:56 am By Flávia Furlan Nunes 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. Mortgage rates remained at 3.10% in the week ending Nov. 24, according …

More borrowers are getting forbearance modifications

The total number of loans in forbearance decreased to 2.06% as of Oct. 31, shows MBA November 8, 2021, 4:00 pm By Flávia Furlan Nunes 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. Forbearance predictably declined across the board last week as exits …

U.S. demand for household debt climbed in Q2, New York Fed report shows

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 Jonnelle Marte: August 3rd 2021 Aug 3 (Reuters) – U.S. consumers’ demand for new debt grew in the second quarter and credit card use rebounded, reversing the trend of declining card use …

CDC issues eviction moratorium extension after Democratic outcry

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 Brett Samuels: August 3rd 2021 The CDC order applies to counties experiencing significant levels of virus spread, defined by the agency as 50 to 100 cases per 100,000 people. A congressional source …

Foreclosure Rates for All 50 States in June 2021

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 SoFi: July 29th 2021 This is up roughly 41% from June last year when foreclosure activity remained at an exceptionally low level due to the pandemic-related moratorium on foreclosures. The Biden administration’s …

The credit card debt paydown miracle that took place during pandemic is ending

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 Eric Rosenbaum: July 30th 2021 Ask a consumer expert what would happen with credit card loan balances during a recession and the answer wouldn’t be that balances decline sharply and Americans …

Congressmen Cohen, Davis and Swalwell Introduce the Private Student Loan Bankruptcy Fairness Act

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 Press Release: July 30th 2021 WASHINGTON – Congressmen Steve Cohen (TN-09), Danny K. Davis (IL-07), and Eric Swalwell (CA-15) today introduced the Private Student Loan Bankruptcy Fairness Act. This legislation would restore …

VA Offers Vets New Options to Avoid Foreclosure

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 Eric Peck: July 26 2021 The U.S. Department of Veterans Affairs has announced its new COVID-19 Refund Modification option to assist veterans who require a significant reduction in their monthly mortgage payments due to …

How to Spot an Employee with Debt Problems

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 South Florida Caribbean News: July 20,2021 Happy employees are usually more productive and social. However, there are many stress factors that can affect an employee and therefore their productivity and interactions with …