The Latest Debt & Finance Blog
Truth, they say, is the first casualty of war. And on March 13, President Donald Trump put America on a war footing. We’re coming for you, coronavirus. Speaking from the…
Surveys show most Americans will make a resolution to get out of debt in 2020. Surveys also show most Americans will fail miserably. If you want to get out of…
The announcement that FICO will put two new credit scoring models – FICO 10 and FICO 10T – into play this summer is the ultimate good news/bad news situation for…
Tempted to spend lavishly and spontaneously this holiday season? Looking for someone to blame? Leave the three wise men out of it. Yes, they launched the tradition of bestowing expensive…
Typically, a decrease in the federal funds rate means your credit card APR should fall as well, but that’s not what is happening lately in the U.S. economy. Banks have…
For most Americans, going carless is unthinkable. You need one to buy groceries, take kids to school, visit a doctor’s office and see friends and family from time to time.…
A drowning person wants somebody to throw them a life preserver. People drowning in student debt might have just been thrown a bowling ball. The government’s new student loan watchdog is…
Lawmakers, economists and activist all have made headlines debating solutions to the $1.6 trillion student debt crisis burdening the lives of 44 million Americans. Some plans go as far as…
Americans are taking on ever larger debt loads as they struggle to maintain living standards. They are borrowing more on their credit cards, taking on a soaring levels of student…
With Donald Trump being credited or blamed for virtually every imaginable good or ill (depending on the observer, of course), we in the world of personal finance and debt management…
Sources:
- Holder, S. (2020, March 17) What Cities Are Doing to Stall Evictions and Foreclosures. Retrieved from https://www.citylab.com/equity/2020/03/covid-19-housing-security-eviction-utility-shut-off-mortgage/607951/
- Lieber, R. (2020, March 14) Trump’s Student Loan Interest Waiver Isn’t What You May Think. Retrieved from https://www.nytimes.com/2020/03/14/business/student-loans-coronavirus-trump.html
- Kvaal, J. (2020, March 18) Facing COVID-19, Student Loan Borrowers Need A Break. Retrieved from https://www.forbes.com/sites/jameskvaal/2020/03/18/facing-covid-19-student-loan-borrowers-need-a-break/#6da891ee65c5
- Lustig, M. (2020, March 18) What to Do if the Coronavirus Affects Your Student Loan Payments. Retrieved from https://www.usnews.com/education/blogs/student-loan-ranger/articles/what-to-do-if-the-coronavirus-affects-your-student-loan-payments
- Singman, B. (2020, March 19) Senate Dems propose suspending student loan payments amid coronavirus outbreak. Retrieved from https://www.foxnews.com/politics/senate-dems-propose-cancelling-student-loan-payments-amid-coronavirus-outbreak
- Korn, M. And Belkin, D. (2020, March 19) To Fight Coronavirus, Colleges Sent Students Home. Now Will They Refund Tuition? Retrieved from https://www.wsj.com/articles/to-fight-coronavirus-colleges-sent-students-home-now-will-they-refund-tuition-11584625536?mod=hp_lead_pos12
- Snider, M. (2020, March 18) Contact your credit card issuer: Fees or payments may be waived amid coronavirus pandemic. Retrieved from https://www.usatoday.com/story/money/2020/03/18/coronavirus-credit-card-companies-prepare-struggling-consumers/5067205002/
- Samuels, B. And Lane, S. (2020, March 18) Trump orders HUD to suspend evictions and foreclosures. Retrieved from https://thehill.com/homenews/administration/488227-trump-orders-hud-to-suspend-evictions-and-foreclosures
- Adamczyk, A. (2020, March 18) What to do if you can’t make your rent or mortgage payments because of the coronavirus pandemic. Retrieved from https://www.cnbc.com/2020/03/18/what-to-do-if-you-cant-make-your-rent-or-mortgage-payments.html
- Zeballos-Roig, J. (2020, March 18) Here are the 4 most important things to know about the government's $1,000 minimum payout to all Americans, which is designed to fight the coronavirus outbreak. Retrieved from https://markets.businessinsider.com/news/stocks/government-check-stimulus-coronavirus-economy-crisis-4-things-to-know-2020-3-1029009395#the-federal-government-has-directly-sent-money-to-people-twice-before-1
- Bolton, A. (2020, March 18) Senate Republicans eye $75K income threshold for coronavirus checks. Retrieved from https://thehill.com/homenews/senate/488332-senate-republicans-eye-75k-income-threshold-for-coronavirus-checks
- Grothaus, M. (2020, March 17) Government looking at sending checks to Americans ‘in the next two weeks’ for coronavirus relief. Retrieved from https://www.fastcompany.com/90478515/government-looking-at-sending-checks-to-americans-in-the-next-two-weeks-for-covid-19-relief
- Taylor, A. And Mascaro, L. (2020, March 19) Stimulus checks of $1,200 per person, $2,400 per couple proposed as $1 trillion coronavirus response plan takes shape. Retrieved from https://www.chicagotribune.com/coronavirus/ct-nw-coronavirus-stimulus-checks-congress-20200319-u2tngul5mzbfja7hw33kw3vpti-story.html