Archive for April, 2015
6.8 Million Former Homeowners Unlikely to Buy Again
Apr 22nd, 2015 @ 2:56 PM by Amber NelsonOnly a quarter of those who lost their homes in the wake of the mortgage meltdown are likely to become homeowners again, according to recent data from the National Association of Realtors. Since the housing bubble burst in 2006, there have been almost 9.3 million homeowners who experienced a foreclosure, short sale or deed-in-lieu of […]
more »One-Third of Millenials Still Don’t Have A Credit Card
Apr 15th, 2015 @ 7:44 PM by Amber NelsonThe youngest generation of adults is less dependent on credit cards than their predecessors, according to a new survey by CreditCards.com, but whether that is by choice or circumstance is unclear. The survey found that more than a third – 36 percent – of those between the ages of 18 and 29 have never had […]
more »- Posted in Credit Card Debt, Other Loans
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Credit Unions Ramp Up Auto Lending
Apr 8th, 2015 @ 8:45 PM by Amber NelsonAn improving economy and jobs market is spurring credit unions nationwide to devote more resources to auto loans, according to data from financial information firm Sageworks. The increase means car loan rate will remain competitive among all lenders for buyers in the new few months. During the third quarter of 2014, U.S. credit unions held […]
more »- Posted in Auto Loans, Used Car Loans
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Student Loan Strike Gains Ground With Government
Apr 1st, 2015 @ 8:10 PM by Amber NelsonA month after 15 former students formally refused to pay their federal loans, their “debt strike” has attracted 85 more people and the attention of the U.S. government. The strikers are all current and former students of the Corinthian College network which includes Evertest Institute, Wyotech and Heald College. After a wave of accusations about […]
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