The No-Down-Payment Loan Everyone Wants, But Few Get

Mortgages

The No-Down-Payment Loan Everyone Wants, But Few Get

The No-Down-Payment Loan Everyone Wants, But Few Get

One mortgage loan program that’s become popular in recent years is the U.S. Department of Agriculture loan. The program allows you to buy a home with no money down and low monthly mortgage insurance. Here’s what you need to know if you’re interested in this type of financing. What the Program Entails The USDA offers... Read More

Payday Loans Are Shutting Down Some Americans’ Bank Accounts

Personal Loans

Payday Loans Are Shutting Down Some Americans’ Bank Accounts

Payday Loans Are Shutting Down Some Americans’ Bank Accounts

Online payday lenders are creating new hazards for borrowers, leading to large overdraft fees and even loss of access to checking accounts, federal regulators claimed Wednesday. Online payday lenders often have direct access to borrowers’ checking accounts for deposits and payments. When borrowers don’t have sufficient funds in their accounts to pay the lenders, repeated withdrawal... Read More

5 Money Questions 30-Somethings Should Ask Themselves

Personal Finance

5 Money Questions 30-Somethings Should Ask Themselves

5 Money Questions 30-Somethings Should Ask Themselves

You just celebrated the big 3-0 and you feel that means it’s time to get your finances in order. Your pesky student loans won’t leave you alone. You worry you will never be able to retire. On top of that, you’re still renting and feel jealous of your friend who just bought a condo. This... Read More

How to Avoid Car Repair Gotchas

Auto Loans

How to Avoid Car Repair Gotchas

How to Avoid Car Repair Gotchas

A captive consumer is someone who isn’t in a position to bargain and, in turn, could overpay. For example, a traveler purchasing Wi-Fi on an airplane is captive because there’s only one option and a pay TV subscriber is captive if there’s only one cable company in the area, or if it’s difficult to install a... Read More

10 Things I Hate About Student Loans

Students

10 Things I Hate About Student Loans

10 Things I Hate About Student Loans

Believe it or not, graduation season is creeping up. And that means it’s the time of year I’m reminded how much I hate what student loans have done to the financial health of our nation’s graduates. Unfortunately, according to the Federal Reserve Bank of New York’s latest report on debt and credit among U.S. households,... Read More

The Surprising Thing These Recession-Proof Neighborhoods Have in Common

Mortgages

The Surprising Thing These Recession-Proof Neighborhoods Have in Common

The Surprising Thing These Recession-Proof Neighborhoods Have in Common

It may seem obvious why some areas were hit harder than others when the housing bubble burst. Sure, many markets were more saturated with subprime mortgages — particularly those in the Sun Belt — but there’s another layer to this onion you may not have peeled back yet; the role of the Federal Housing Authority (FHA) loan.... Read More

The 10 ZIP Codes Americans Are Flocking To

Mortgages

The 10 ZIP Codes Americans Are Flocking To

The 10 ZIP Codes Americans Are Flocking To

If you’re interested in living somewhere that has plenty of growth in jobs and housing, this list is for you. Realtor.com recently took a look at cities across the country and put together their list of “boom towns” by combining projected measures of job creation, household formation and new construction for 2016 and determining their... Read More

The Most Common Car Repairs You Have to Make

Auto Loans

The Most Common Car Repairs You Have to Make

The Most Common Car Repairs You Have to Make

When your car’s check engine light flicks on, the first thing that pops into your head is probably “how much is this going to cost me?” But new data show that for newer cars about half the time the problem is often as simple as a loose gas cap. That doesn’t mean you should ignore... Read More

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