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Homebuyers To Get Springtime Boost From Lower-Than-Expected Mortgage Rates

Homebuyers To Get Springtime Boost From Lower-Than-Expected Mortgage Rates

About six months ago and for the first time in seven years, interest rates were above 5 percent and it didn’t look like it would change. House hunters were discouraged by rising prices, few housing choices, bidding wars and... 
Peer-to-Peer Loans Growing in Popularity Among Consumers

Peer-to-Peer Loans Growing in Popularity Among Consumers

There has been an increase in consumers using peer-to-peer (P2P) lending sites. These are online clearinghouses where people are matched with investors and receive money to pay off debts, open businesses or fund home improvements.   Prosper... 
Increase in Young American Adults Not Owning Credit Cards For Various Reasons

Increase in Young American Adults Not Owning Credit Cards For Various Reasons

An increasingly shocking number of young people are growing up having no credit cards. Reasons for this vary, and the recession is only one of these reasons. Research from the Fair Isaac Corporation (people behind FICO credit score),... 
National Credit Card Debt, Payment Delinquency Down in Q1

National Credit Card Debt, Payment Delinquency Down in Q1

American consumers appear to at last be getting to grips with the credit card payments, or it may of course just prove to have been a lucky month. During the first quarter of the year, the nation apparently performed much better than... 
Student Loan Debt Grows as Economy Struggles

Student Loan Debt Grows as Economy Struggles

As per two recent reports that were released at the end of January 2013, Americans are encountering an ever increasing and “unsustainable” struggle to repay their student loan debt.  This is causing an increasingly adverse effect... 
US Logs $1.1 Trillion Annual Deficit – Fourth Straight Year Over $1 Trillion

US Logs $1.1 Trillion Annual Deficit – Fourth Straight Year Over $1 Trillion

In a rather crushing blow, 2012 is now official the fourth year in a row to see the federal government log a deficit of over a trillion dollars – this year’s total coming out at $1.1 trillion. On a more positive note however, according...