Many of us are accustomed to mobile banking using smartphones. According to one survey, 84 percent of Americans feel more in control of their financial lives when using mobile technology for personal finance. The next logical step in the evolution of mobile technology...
The concept of a mortgage, in its modern form, is relatively recent, dating to the early-20th century or thereabouts, and has evolved into an industry replete with many online mortgage companies. But the financial instrument underlying the mortgage concept is itself...
Whether they are elite corporate CEOs, college students, or middle-aged homemakers, most people borrow money at some point in their lives. In fact, according to Lending Club, over $33 billion worth of loans have been lent as of the end of 2017. The reasons an...
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...
