The Latest Debt & Finance Blog
If you’re considering a consolidation loan to sweep away credit card debt and lower your monthly interest payments, do it! There couldn’t be a better time. All you need is…
On December 27, 2020, President Trump signed a $900 billion Covid-19 relief bill, which will direct $120 billion towards unemployment benefits. The bill sends Americans a direct stimulus check of…
Dorothy surely wasn’t thinking of life in a COVID-19 pandemic when she clicked those heels in the “Wizard of Oz” and opined that ‘there’s no place like home.’ But her…
COVID-19 has put a plug in the nation’s cash flow, forcing graduates to dig deeper into their pockets if they want to avoid drowning in student loan debt. Fortunately, the…
Congress and the White House are still debating whether the HEALS Act, HEROES Act – or some compromise Act in between – will deliver the next round of coronavirus relief…
If you’ve lost your job due to the coronavirus crisis, your unemployment benefits are likely to decrease very soon. It’s just a question of how much. That will be decided…
When the House of Representative passed the $3-trillion HEROES Act on May 15, it all but guaranteed that a second stimulus check would arrive for Americans in need of financial help…
The storm is coming. American consumers will be filing personal bankruptcies in record numbers by the end of 2020. That is the projection from bankruptcy attorneys, bankers and other experts…
Teens see a driver’s license as a ticket to adulthood and adventure while their parents likely view it as a torpedo aimed at their household budget. The cost of adding…
The phrase “stimulus check” is second only to “coronavirus” or “COVID-19” as something to talk about these days and people are definitely talking. About 159 million Americans have received the…
Sources:
- Kheel, J. (202, June 18) 4 Steps to Getting Rid of Your Credit Card Debt. Retrieved from https://www.cnn.com/2020/06/18/cnn-underscored/credit-card-debt-consolidation-relief/index.html/
- Mastroeni, T. (2020, July 20) Now’s the Best Time to Consolidate Credit Card Debt – Here’s Why. Retrieved from https://www.foxbusiness.com/money/best-time-consolidate-credit-card-debt
- Baum, C. (2020, March 3) If the Economy Is In ‘A Good Place,’ Then Why are Interest Rates So Low? Retrieved from https://www.marketwatch.com/story/if-the-economy-is-in-a-good-place-then-why-are-interest-rates-so-low-2020-03-03
- N.A. (2020, August 7) Consumer Credit, G-19. Retrieved from: https://www.federalreserve.gov/releases/g19/current/