On average, US families owe $90 and $336 on open loans, but this includes those who have no debt at all. If we count only “debtors”, the average amount will be more than $130 thousand. Such data are provided in the study...
Divorce can not only damage you emotionally, but also financially. One of the main assets that couples share is the mortgage on their home. The right decision on a mortgage loan will allow both parties not to “break the woods.” So, what's the best way to deal with...
The easiest way to find money for tuition is to take a student loan, but this money will need to be returned. However, the student has the opportunity to receive gratuitous financial assistance. There are four options for such assistance: Federal (state) assistance. Help from each individual state. College Scholarships. Private ...
An education scandal has broken out in the city of Houston. A former student and US resident, Paul Acker, was arrested there. Fusion.net writes about this. A man was accused of not paying off a student loan he took out almost 30 years ago. IN…
In 2015, 17,47 million new cars and trucks were sold in the United States. This is a new record, and the previous one - 17,35 million cars - lasted 15 years (it was set in 2000). Americans are buying new cars because of the growing economy (and therefore income), low interest rates on loans and lower prices ...
In San Francisco, Federal Credit Union this week unveiled a lending program that will allow Bay Area buyers to purchase homes with no down payment and no mortgage insurance. One limitation is implied - the value of the property should not exceed two million dollars. The goal of this program is to make...
Don't despair if you didn't manage to buy a house in 2015. CNN Money has highlighted four reasons why 2016 is the best time to buy a home. Housing prices will “calm down” The increase in real estate prices that was felt this year is most likely...
You can only get by without a car in the USA in megacities with developed transport infrastructure. But for most Americans, a car is a “must have” item: without a car you cannot get to college, get to work or take your children to school.…
Russia is looking for options to block further lending to Ukraine by the International Monetary Fund (IMF) in the event of Kiev's default on its debt to Moscow, Bloomberg reports, citing sources. The current IMF rules prohibit lending to countries that have outstanding debts to official creditors. But…
Every Russian immigrant to the United States will have to build a good credit history, even those who never plan to take out loans. ForumDaily understood the nuances - why a credit rating is important for all aspects of life, how to get your first credit card and how to “clear” ...