Residential mortgage borrowers’ lending has blown out to more than 40 per cent of their disposable income, or 30 per cent above maximum recommended levels, Canstar analysis shows. The only recorded higher percentage of income used to service debt is 23 years ago when house prices were a quarter of current prices and comparable loans…
State Representative Dan Ramos (D-Lorain) introduced the Ohio Learn Tax credit on Thursday. He hopes it will address the issue of college affordability plaguing families across the state. “This could be one of the biggest tax breaks in Ohio history. This will essentially lower the cost of a college education to 90% for parents,” he…
Dealing with credit card debt doesnt have to make you feel hopeless. One strategy that could help is debt consolidation. When you consolidate your credit card debt, you take out a personal loan for an amount equal to your total credit card debt. Then, you pay your cards off with that loan. That puts all your…
Financial struggles for employees also create problems for employers. Counting down to payday is a stressful, but all too common practice. Unfortunately, an August 2017 CareerBuilder survey found that the vast majority (78 percent) of the 3,462 full-time U.S. workers polled said they live paycheck to paycheck. Related: Help With Student Loans Is the ‘Hot’ New…
Is Bank of the Ozarks making overly risky loans? Getty Images If you need relief from your high-interest loans or credit card debt, you may be considering a personal loan. Offered by many banks and credit unions, personal loans let you consolidate or refinance your debt into a lower-interest loan with one fixed monthly payment.…
ROME, May 17 (Reuters) – A proposal by the 5-Star Movement and the far-right League to exclude government bonds held by the European Central Bank from countries debt calculations can help Italy meet European rules on debt reduction, a 5-Star lawmaker told Reuters on Thursday. A draft policy agenda drawn up by the two parties…
Small ways you can save To save in small ways, Tretina ditched cable and money-eating subscriptions like Netflix and Amazon. The money I spent on cable, I automatically applied that to my loans, she says. She also used coupons when she went grocery shopping and cooked most of her meals at home, which allows her…
get out of debt San Diego Bankruptcy Legal Center, Bankruptcy To Get Out of Debt Bankruptcy Legal Center SAN DIEGO, May 16, 2018 (GLOBE NEWSWIRE) — For someone that is suffering from accumulating financial debt and bills that they can’t afford to repay, Bankruptcy can be a good option to help them get the relief…
by Bina Brown If you or a loved one have equity tied in property which could be used to live a better life or access care, then why not use it and let the beneficiaries sort things out after you have departed? It is a concept that won’t sit well for some. For others it…
Those who cannot manage their money correctly will find that it rapidly becomes challenging to keep a healthy bank balance and also an organised financial life. With the issue of consumer debt comes the notable differences in attitude between generations. Generation X and the Baby Boomers are amongst some of the most likely to have…