One of the chief financial problems plaguing young adults in the United States is student loan debt. Due mainly to the stratospheric tuition costs of universities, coupled with a slowly recovering economy offering a limited number of well-paying jobs, 44 million...
In the modern world, debt is, unfortunately, pervasive and comes in myriad forms. According to CoreLogic, about 5.1 million homes have mortgages which possess negative equity. In other words, rather than be a valuable financial asset, homes for many families have...
Do student loans affect getting a mortgage? Of course they do. Lenders take all of your debts into account as they evaluate your ability to repay a mortgage loan. Student loans are no exception. Getting a mortgage with student loans is not easy. You must use common...
Your home is one of your most valuable assets. Even if you still owe money on your home, you may be able to use the home equity that you do have to address other debts. For example, if you are struggling with high-interest credit card debt, you may be able to take out...
Are you having difficulty managing your debts? Debt consolidation could be the answer. By combining all of your debts into a single account at a lower interest rate, you can decrease the chance of missing payments, save on interest charges, and possibly establish...
