April 25, 2024
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Loans

Inside the MOHELA meltdown: Student loans provider responsible for servicing 8 MILLION accounts under fire as borrowers see repayments double, hidden interest accrue – and are left on hold for three hours

  • April 21, 2024

Deborah Soto was relieved when she thought she had paid off her daughter’s student loans in full just before interest began accruing again in September last year.  She paid off $115,000 in debt in August 2023, which had seen her daughter Elena, 23, through her degree at Presbyterian College in Clinton, South Carolina.  But when she

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Finance

Finance guru Suze Orman says climate change will stop Americans wanting to own homes as it is causing insurance costs to soar – as she faces $28,000 A YEAR premium for modest Florida condo

  • March 3, 2024

Finance guru Suze Orman has warned the effect of climate change on soaring property insurance premiums is destroying the American dream of homeownership. The 72-year-old has given up on cover for her own 2,100-square-foot, ocean-side condo in Florida after she was quoted $28,000 a year by her insurer.  Orman claims that Americans will soon have little

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Loans

What does Biden’s latest student debt forgiveness deal mean for you? Up to 6.9 million Americans will have their loans CANCELED next month under fast-tracked plan

  • January 14, 2024

The Biden administration announced it was fast-tracking a forgiveness plan Eligible borrowers took out small loans and have been repaying for a decade Qualifying borrowers must be enrolled in the SAVE repayment plan  By Tilly Armstrong Assistant Consumer Editor For Dailymail.Com Updated: 18:36 EST, 14 January 2024 President Joe Biden has fast-tracked a new student loan

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Property

Is YOUR home overvalued? Ratings agency Fitch estimates US properties are selling for 10% more than their true value on average – but experts reveal the ten neighborhoods where you can still find a bargain

  • December 25, 2023

Homes in 88 percent of US metros are ‘overvalued,’ claims ratings firm Fitch  And the problem is only set to worsen with prices predicted to rise 3% next year But separate analysis by has identified the 10 most underpriced areas By Helena Kelly Assistant Consumer Editor For Dailymail.Com Updated: 16:24 EST, 25 December 2023 American

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Loans

America’s negative equity hotspots exposed: Fascinating study reveals where homeowners are most at risk of going underwater on their loans

  • December 24, 2023

Nearly half of American states are becoming negative equity hotspots with as many as one in 20 homeowners going ‘underwater’ on their mortgages, a new study suggests. Overall US households saw their equity increase by $1.1 trillion in the third quarter of 2023 compared to the same period in 2022, reversing a trend seen at

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