We heard a lot about "subprime" lending during the 2008 crisis, as foreclosures skyrocketed around the country. Today, a different kind of subprime lending is rearing its head and putting borrowers at risk. Bad credit car loans … [Read more...] about Bad Credit Car Loans: What You Need To Know
The 2008 housing crisis wiped out hundreds of thousands of homeowners. The economy tanked, leaving many unable to pay their bills. The housing market imploded, leaving many homeowners with underwater mortgages. Default and … [Read more...] about Will Big Bank Mortgage Settlements Put Money Back In Your Pocket?
If you are like the majority of people interested in purchasing a home, you probably have questions about how to obtain the lowest possible interest rate. Your interest rate can have a significant impact on the amount you pay for … [Read more...] about What Factors Influence Your Mortgage Interest Rate?
Last updated April 21, 2018. In a recent lawsuit, Chase Bank was forced to pay out more than $160 million in penalties and $50 million in refunds to consumers for selling bad zombie debt to collection agencies. What is a … [Read more...] about Chase and Zombie Debts
Last updated April 21, 2018. We've all heard about student loan debt in the news. Lots of us have student loan debt ourselves. We hear a lot about how millennials won't be able to buy their own homes or save for retirement. If … [Read more...] about Is Student Loan Debt Headed for a Cliff?
You've fallen behind on your mortgage and now your home is in foreclosure. At the sheriff's sale, the bank will try to sell the home for as much as it can get. If it sells for less than you owe, you may be liable to pay the … [Read more...] about Foreclosed Home Sold for More than Owed — Now What?