Great Lakes Student Loan Services Review 2022: Pros & Cons | News

Great Lakes Educational Loan Services is a student loan servicer that handles both private and federal student loans. A loan servicer does not lend the money. Instead, these organizations handle the administrative aspects of the loan for the lender. In practice, that means you deal with Great Lakes (and make your payments to it) but … Read more

Investing Can Help You Combat Your Debts

getty Key Takeaways According to the New York Federal Reserve data, consumers ended 2021 with a record $ 15.6 trillion in debt The average household now owes $ 155,622, including balances on mortgages, credit cards, auto loans, and student loans Mortgage balances made up the largest portion, rising $ 890 billion in the year and … Read more

US Retail Sales Rise in March, But High Gas Prices and Inflation Take a Big Bite

The numbers: Retail sales in the US rose slightly by 0.5% in March and much of the increase reflects higher gasoline prices, suggesting that inflation is affecting US households. Economists polled by the Wall Street Journal had forecast a rise of 0.6%. If petrol stations and car dealers set aside, retail sales rose even smaller … Read more

How To Build Your Credit Without A Credit Card

Photo: Africa Studio (Shutterstock) It’s very good to prefer “buy now, pay laterCredit card payments or just avoid the plastic debt trap altogether. The only problem is that without credit cards, it is more difficult generate your credit scoremeans you will have a harder time qualifying one loan. Fortunately, there are ways to build your … Read more

The White House will proceed with a blunt effect of the medical debt on the mortgages | Debt news

The suitability of the loan will no longer include what applicants, including veterans, owe for previous medical services. With Justin Sink and Nancy CookBloomberg Published on April 11, 2022April 11, 2022 Vice President Kamala Harris will announce new steps designed to reduce the cost of federal mortgage loans to Americans in medical debt and make … Read more

Cheapskate Daily: Everything You Need To Know About Mortgages Advice

Are you thinking of diving into the equity of your own home? There was a time, and not so long ago, that it was difficult to get a mortgage or HEL. It was generally considered a risk that no prudent homeowner should consider. While mortgage lenders used to follow strict guidelines that prevented homeowners from … Read more

When to use equity for cash

Chris Gus In Spanish If you’ve owned a home, you’ve probably made money since the beginning of last year. Amid a boom in real estate fueled in part by the pandemic, the amount of shares people held in their homes rose by almost 20% in the 12 months to March. That’s an average of $ … Read more

Overdue subprime car loans climb to higher interest rate since April 2020, a possible sign of trouble

Wall Street has begun to see more borrowers with reduced credit falling months behind on subprime car loans, a possible sign of consumer credit cracks as the Federal Reserve moves to fight inflation. High-risk car loans have been a surprisingly strong household debt hub for the past two years of the pandemic, with the help … Read more