June 14 will increase the Fed loan rates: what does this mean for borrowers

On June 14, a quarterly increase in interest rates on loans is expected, initiated by the Federal Reserve System (FRS). It will affect millions of borrowers, many of whom will have to pay significantly larger monthly payments on credit cards and other types of loans, CNBC writes. The increase is expected to be ...

5 most common financial mistakes of Americans

Americans make many mistakes in managing their personal finances. This is evidenced by research data from Champlain College. Here are the top 5 of the most common of these mistakes. Late payment of bills Every fifth American was 60 days or more late with paying bills for ...

10 best US credit communities to buy a car

Most car buyers take loans from a dealer or bank without considering the options of the lending community, although their offers can often be more profitable than bank or dealership. Go Banking Rates has compiled a list of 10 credit communities offering the best interest rates ...

ITT Tech Technical Institute closes all branches in US 38

ITT Tech, an extensive network of American commercial universities, announced the closure of all its branches, which are located in 38 states. Indiana-headquartered university management company ITT Educational Services said the move was driven by the recent US Department of Education ban on ...

State Mortgage Refinancing Program helps save over $ 4000 per year

The federal program HARP, which is aimed at refinancing mortgage loans for real estate, is valid until December 31, 2016. In this regard, many Americans seek to take advantage of the somewhat forgotten program, which was adopted in 2009 at the initiative of President Obama in order to help ...

30-year US mortgage rates are close to their minimum

Mortgage rates have fallen sharply over the past 2 weeks, approaching a record low, amid the decision of British residents to leave the European Union following a referendum. At the end of last week, mortgages at a fixed 30-year rate fell to 3,48% compared to 4,04% a year ago, reported on Thursday in ...

What young people need to know about taxes. Seven Useful Tips

The tax filing deadline (April 15) is getting closer, so it's time to check all your credits and deductions. If you are still young and not as experienced in filing returns, there are some important things to keep in mind to help avoid additional tax ...

The United States threatened Ukraine with cessation of financial support

US Treasury Secretary Jacob Liu reminded the Ukrainian government of the possibility of "undermining international financial support" for Ukraine if the country does not fulfill its obligations to the International Monetary Fund. The head of the US Treasury said this in a telephone conversation with the Prime Minister of Ukraine Arseniy Yatsenyuk, ...

The Times: US ready to deprive Russia of access to Western loans

America is “ready to deprive Russia of access to Western loans if President Putin does not comply with demands for peace in Ukraine under the Minsk agreement,” report The Times correspondents Roger Boyes and David Taylor. According to them, lending conditions for Russian companies may be even more...

The Greeks said “No” in the referendum. Preliminary results

Today, July 5, a referendum was held in Greece on the terms of debt repayment and international assistance to the country, which international creditors - the European Union and the European Central Bank - insist on. The Greek government advised citizens to vote against the creditors' proposals. The turnout in the referendum was 50 percent.…

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