Author: Jody McMaster
6 ways to get out of debt, stat
Life can get expensive. When you factor in things like rent or mortgage, groceries, child care expenses, transportation costs, and more, it adds up quickly. And …
The surprising average down payment for homes in America
In 2021, the Average Down Payment On a House was $70,600 or 13% down The average down payment nationwide was $70,600 in 2021, according to Optimal …
6 steps to buying a foreclosed home
If you scan real estate websites, you’ve likely noticed homes listed as foreclosures or bank-owned properties. Some of the prices might look good, but buying and …
Paying for college: A parent’s guide
Parents can and do find ways to pay for their child’s college, but it often involves sacrifice and planning. Two keys: Save early and consistently. …
How to talk to your kids about student loans
Many parents lecture — er, talk to — their teenagers about being responsible. Don’t text and drive. Do try to spend that summer job money …
When do student loans start accruing interest?
Student loans — federal or private — begin accruing interest when they’re disbursed, and the borrower is responsible for paying the interest on all but …
Getting approved for personal loans after bankruptcy
Your chances of qualifying for a personal loan after a bankruptcy depend in part on the type and date of your filing, your credit scores …
How much is a downpayment on a house?
Mortgage lenders traditionally have wanted to see borrowers put down 20% of a home’s purchase price. But what are the benefits and challenges of a down …
Can you use student loans for living expenses?
Student loans can be used to cover more than tuition and fees. They can pay for lodging, food, commuting, a computer and study abroad (but not …
Is paying off student loans early always smart?
There’s no question that student loan debt is at an all-time high. The latest statistics show that nearly 45 million U.S. borrowers owe more than $1.7 …
