One of the simplest ways to secure financing is through a line of credit.  The application process for lines of credit tends to be quicker and less involved than for other types of financing such as business loans, personal loans or mortgages.

Since the beginning of the COVID-19 pandemic, many people took advantage of the low-interest rates and decided to purchase a house. As many others had a similar thought process, the demand for housing began to rise.

A recent class-action lawsuit has led to a settlement of approximately $7.5 billion for student loan borrowers who claim the Department of Education, under the Trump administration, had intentionally not followed regulations implemented by the Obama administration, which led to many people having their debt relief claims denied.

One of the biggest purchases a person can make is buying a home. Buying a new home is typically an excellent long-term investment; once the mortgage is paid off, you are left with a high-value asset under your name.

Buying a home is a big deal, so it is important to be financially prepared in advance. Here are nine steps to take to prepare yourself to become a homeowner.

On Wednesday, May 4, 2022, the Federal Reserve Bank announced they will be raising interest rates by a half-point. The rising rates have been at their highest point in more than 20 years, and the increased rates have caused the stock market to go into a frenzy, with the S&P 500 dropping by 3.5% the following day.

Biden Administration announced that federal student loan payments had been paused, again, until August 31, 2022. Although this is the sixth extension, it is essential to look at different ways to begin paying off student loans.

A recent study determined that 65% of single women would like to buy a house before marrying. Typically, the people who purchase homes are married couples. This is because they have a higher combined income, making it easier for them to pay the expenses of becoming a home buyer. H

The COVID-19 pandemic continues to be a global issue as new variants are spreading. As people continue to struggle, 2021 ended without a fourth stimulus check to keep households afloat.

On December 22, 2021, the White House announced the extension of the student loan relief plan until May 1, 2022. President Joe Biden stated that he would extend the relief period for an additional 90 days.

The Biden administration recently announced that it will not extend the federal student loan forbearance deadline, which is set to expire on January 31, 2022.