Category Archives: Loans
Hidden Costs of Mortgage Refinancing Can Leave Chicago Homeowners with More Debt
For many folks, a mortgage refinance seems like a dream come true – with a lower house payment, you might as well be getting free money each month, right? But just because rates are low doesn’t always mean you’ll benefit from a refinance, say Chicago bankruptcy attorneys. In fact, sometimes the hidden costs of reworking… Read More »
Costs of Mortgage Refinance Can Increase Debt for Atlanta Homeowners
Who wouldn’t want a lower mortgage payment, right? Problem is, sometimes a smaller house payment comes at a bigger price. Today’s low interest rates have many homeowners scrambling to refinance their mortgages. But while some people can benefit from a new loan, others might find the process and it’s hidden fees more trouble – and… Read More »
Used Cars Get the Job Done Without the Debt and Depreciation
When it comes to consumer spending, our country suffers from short-term memory loss. Sure, the recession has most of us balancing a budget, pinching pennies and generally thinking more about how we spend our hard-earned dollars. But when the economy picks up, many folks will go back to our old, sometimes irresponsible ways. Case in… Read More »
More Atlanta College Students Are Defaulting on School Loans
Too bad they don’t teach you about debt in college – maybe more of us would be able to afford our student loans. Not surprisingly, the economy seems to be having an effect on loan default rates for college students. Forty percent of students at private universities now default on loans, according to a report… Read More »
Record Number of Chicago College Students Default on Student Loans
Sometimes the most important thing we learn about in college isn’t in our textbooks: debt. With college tuitions at an all-time high, more students than ever are taking out loans – and now, they’re defaulting in record rates. Over 30 percent of community college students defaulted on loans, according to The Chronicle of Higher Education…. Read More »