By Kery Murakami, Inside Higher Ed The pause on making student loan payments passed by Congress and extended through the end of the year has thus far helped improve the credit ratings of borrowers, according to a study released today by the Urban Institute’s Center on Education Data and Policy.
Description: Typically, no one wants to file for bankruptcy. If you are struggling to meet your financial commitments and the COVID-19 pandemic has made it insurmountable for you, bankruptcy can be the right solution to handle your debts. Listen to Attorney Brian Figeroux explain how bankruptcy can be your financial
By The Economist TO SAY THAT the pandemic has been hard for the American economy would be putting it mildly. The unemployment rate, which stood at just 3.5% in February, is now 7.9%; there are 10.7m fewer jobs today than there were six months ago; a quarter of the workforce
It may seem like there is never a good time to file for bankruptcy, but with the holidays sneaking upon us, it may seem like now is one of the worst times. If you’re struggling financially, money can be the last thing you want to think about during a time
Description: We are living in unprecedented times: Pandemic, financial stress, racism and social injustice. In these times, now more than ever, you need the right attorney. Trump is trying to destroy immigrants. Your Green Card is your biggest investment. Don’t fool around. Get the right information from the right attorney
By Janet Howard Derek and his wife were doing pretty good: two-family house with a mortgage, two vehicles, two credit cards, decent jobs, two kids in college. Then the pandemic hit, and his wife, Joyce, lost her supervisor job at a hotel in Manhattan. Suddenly, they were no longer doing
By Jameliah Francis Habits are developed over time and can be extremely difficult to break. It’s even more difficult when it involves spending money, especially during the holiday season. The shopping list may be exhaustive, with a variety of gifts for friends and loved ones and items for the home.
By now, we have all heard how immense the student debt crisis actually is. So, it should come as no surprise that student loans continue to wreak havoc on the lives of students who graduate with loan repayments. What is more, though, is that the loans carry on their effect
There is a little something called life, and it does happen. Nine out of ten times, no one gets into debt on purpose. People get into debt for a variety of reasons: huge medical bills from an illness or injury, divorce, death, loss of a paycheck, poor money management, merely
The greatest financial crisis in the United States was the last recession which spanned from December 2007 to June 2009. During this time, unemployment rates were raised by about 6.1% resulting in a loss of consumer spending and business investments. Before the recession, many Americans bought houses using mortgages they
