If you’re in a bad financial position and require a loan, you may be faced with a lack of options. If you’re looking to use the loan to pay off debts from credit cards or to cover an unexpected expense, you might require assistance financially speaking. The positive side is that it is possible to get […]
Home improvement issues rank first on the list of the top 10 complaint categories for 2021 compiled by the Consumer Affairs Division of the Tennessee Attorney General’s Office. The DCA received a total of 5,561 complaints in 2021. The agency recovered both services and funds for Tennesseeians by working with consumers and businesses, according to […]
Image source: Getty Images Borrowing for a home could become even more expensive. Key points Mortgage rates were higher in 2022 than they were at any time in 2021. Actions by the Federal Reserve could push rates even higher. For many months, potential home buyers have been grappling with record home prices. The silver lining, […]
By Ismail Amla, Executive Vice President, Professional Services, NCR Corporation The benefits of financial inclusion are known and numerous. Households that lack access to bank accounts or relatively affordable mechanisms for receiving, paying, and spending money end up spending a significantly higher percentage of their income on cash-intensive financial options. These options, like money orders […]
And if you had an emergency today – your car broke down, you ended up in the hospital, an unexpected house repair, anything could happen. Do you have an emergency fund to help cover unexpected expenses, or will you have to rely on family, friends or, even worse, a credit card? MoneyMutual is a free […]
As we know, we are just entering the second year of the terrible Joe Biden administration. Things are really bad. But our national status just recently was the opposite of extremely horrible. Oh how quickly we fell. How? ‘Or’ What? Why? Everything President Donald Trump’s good predecessor did – Biden undid and overthrew him. Which […]
A couple who lost their jobs within months have offered 12 tips for living frugally after paying off thousands of debts. Ricky and Naomi Willis lived on just over €1 a day to pay off over €51,000. The couple struggled to feed themselves after racking up debt on payday loans and credit cards and now […]
Diving brief: The Federal Deposit Insurance Corp. (FDIC), the National Credit Union Administration (NCUA), and the Office of the Comptroller of the Currency (OCC) should establish outcome-based performance measures to track progress toward reducing the unbanked population, according to a Government Accountability Office (GAO) Report made public on Monday. Nearly 5.4% of American households were […]
U.S. Senator Sherrod Brown (D-OH) has introduced a bill in the Senate that would prohibit banks and other financial institutions from using forced arbitration clauses against consumers seeking restitution. © Shutterstock Financial companies often use arbitration clauses to avoid a jury trial or prevent consumers from joining a class action lawsuit. With arbitration clauses, consumers […]
Despite strong wage growth and low unemployment, consumers are feeling the effects of rising prices. The Fed plans to hike rates in March to fight inflation, but that could impact personal loan rates. (iStock) The Federal Reserve has kept its benchmark rate close to zero since March 2020 to spur economic recovery amid the COVID-19 […]
Image source: Getty Images Are you sitting on a pile of equity? Key points Rising house prices have led to an increase in home equity. Mortgage holders have an average of about $185,000 in home equity. There are ways to use the equity in your home to your advantage. Since 2021, would-be home buyers have […]
Image source: Getty Images You may want to do a cash-out refinance before mortgage rates go up. Key points A cash-out refinance allows you to borrow more than the remaining balance of your mortgage. Last year many borrowers rushed to refinance, and you might want to do the same. Many people refinance their mortgage in […]
If you want to use a personal loan to overcome a financial difficulty or consolidate your debts, you are not alone. According to research by Bankrate, the average consumer had personal loan debt of around $16,458 in 2020. Before you go ahead with borrowing the funds you need, you need to compare loan types available. […]
Car buyers with bad credit often look for a way to get a car loan with no down payment. With all the benefits that come with putting money on a car, you’ll be better off with a caring approach. Take this question we received last month: “I would like more information on the process. I […]
Nobody wants a noisy washing machine, but sometimes an increase in volume can indicate a bigger problem inside your machine. Washing machines with higher spin speeds tend to make more noise, although this is not a hard and fast rule. We test every washing machine for quietness during wash and spin and have found some […]
Many Americans rely on vehicles to get around, and financing one can be expensive, especially if you have bad credit. If your income is low compared to an average household of your size and you also have bad credit, you may still be able to get approved for financing. Let us share with you some […]
Many people living in the greater Los Angeles area rely on a vehicle to get to and from work, as well as for other daily tasks. If you need to buy a car in Los Angeles and have no or bad credit, you can still get car financing. The key is to work with the […]