Money lender

Biden Extends Mortgage Relief: What It Means For You

The Biden administration announced new mortgage relief options for homeowners with federally guaranteed mortgages. (iStock) The Biden administration announced on Friday that it will provide assistance to borrowers who have fallen behind in their mortgage payments due to the COVID-19 pandemic, in an effort to help prevent mortgage foreclosures. President …

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Warren warns Biden administration about PPP fees

The program, which has enjoyed wide bipartisan support, was first adopted in March 2020 to keep workers attached to their jobs. The PPP allowed banks to issue government-guaranteed loans that could be canceled if companies maintained their payrolls. Banks charge fees for their role. The program was closed to new …

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How families pay for college after Covid

In the wake of the pandemic, many families are taking a close look at the university and wondering if it’s worth the high cost. Tuition and fees plus room and board for a four-year private college averaged $ 50,770 for the 2020-21 school year; at four-year state public colleges, it …

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Calls for the repression of salary advance applications

Australian Securities and Investments Commission (ASIC) research finds MyPayNow founder and chairman Shane Powe was previously a director of Sunshine Loans, a payday lender that in 2009 agreed to repay clients $ 684,977 after billing them above a cap limiting rates, fees and charges to 48 percent per year. In …

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Advice on the real estate market 2021

Jaxx Fox has lived in East Tennessee her entire life, although she never felt at home in the apartments she rented. This is why, three years ago, Fox decided to get down to saving for her own home. First-time buyers like Fox are enter a real estate market where housing …

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How to help your money beat inflation

Whether you’re a cautious saver or – thanks to the pandemic – accidental, the twin forces of zero interest rates and rising prices are creating a perfect storm that will slowly erode the value of your cash pile if you let it languish. a deposit account. According to the Central …

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Former Zillow Executives Promise Lending Revolution

Seventy million dollars in seed funding is a colossal investment for an unproven tech startup, even one that promises to completely disrupt a traditional, relatively low-margin industry like mortgages. But this is no ordinary mortgage startup. Venture capitalists, including Zillow founder Spencer Rascoff and Trulia co-founder Pete Flint, believes Tomo …

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Auto loans think outside the box

Prices for new and used vehicles are reaching record highs, supported by a semiconductor shortage that has limited auto production as consumers eager to get out and buy them. Used cars and trucks were 45.2% more expensive in June than they were a year earlier, while new cars were 5.3% …

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