More Americans are saddled with auto loans and owe more money than ever before. According to the car comparison site Edmunds, nearly a quarter of Americans, or 24.2 percent, are in debt on their auto loans, meaning they owe more than the car is worth. To make matters worse, the average amount owed is the … Read more
If you’re struggling to pay your bills, knowing you’re not alone is no comfort. The federal minimum wage remains at $7.25 an hour, a figure set in 2009. The highest local minimum wage in the country is in the District of Columbia, which mandates $17 an hour. That sounds great, unless you consider that in … Read more
Empowering homeowners associations with critical information about financing options for community growth and development ASHEVILLE, North Carolina / ACCESSWIRE / October 22, 2024 / HOA Loan Services is excited to announce the release of our latest blog post, “The Ultimate Guide to HOA Loans: Pros and Cons.” This in-depth resource is designed to help homeowners’ … Read more
A group of Senate Republicans wants answers from the Small Business Administration (SBA) after the agency ran out of money to issue new disaster loans. On October 15, 2024, the SBA announced that it had exhausted its disaster loan program after Hurricanes Helene and Milton devastated parts of the Southeast. Today, in a letter to … Read more
Payments on some student loans will remain suspended for at least the next six months, according to the U.S. Department of Education. The pause covers some 8 million borrowers under the federal Saving on a Valuable Education, or SAVE, plan. CNBC, which was first to report the development, said the forbearance comes as the Biden … Read more
Dublin, October 22, 2024 (GLOBE NEWSWIRE) — The “Belgian Alternative Lending Market Business and Investment Opportunities Data Collection – Second Quarter 2024 Update” report has been added to ResearchAndMarkets.com offer. Alternative loans in Belgium are expected to grow by 15.7% on an annual basis to reach $325.8 million in 2024. The medium and long term … Read more
The proposed loan for Ukraine has divided the far-right group Patriots for Europe (PfE), with some of its members voting for and others against. ADVERTISEMENT The European Parliament on Tuesday overwhelmingly backed an unprecedented move to provide a loan of up to 35 billion euros to Ukraine using the Russian Central Bank’s fixed assets as … Read more
The UK has announced a £2.26 billion loan (around $2.93 billion – editor’s note) to Ukraine, backed by profits from sanctioned Russian sovereign assets. This is stated in a press release published on the British government website, reports Ukrinform. “Ukraine will receive additional funds to buy essential military equipment to defend against Russia’s illegal invasion, … Read more
London will grant Ukraine a loan worth £2.26 billion ($2.9 billion) backed by profits from frozen Russian assets, the British government announced on October 22. The funds are the UK’s contribution to the Group of Seven (G7) initiative to provide kyiv with a $50 billion loan by the end of the year, which will be … Read more
(Image courtesy of MBA) The Mortgage Bankers Association’s monthly loan monitoring survey found that the total number of loans currently in forbearance increased to 0.34% as of September 30, 2024. According to MBA’s estimate, 170,000 homeowners are in forbearance ‘abstention. Mortgage servicers have granted forbearance to approximately 8.3 million borrowers since March 2020. The share … Read more