Tag Archive for: loans

The Fed Could Keep Lifting Rates Sharply ‘For Some Time’

A stark message was just delivered by Federal Reserve Chair Jerome Powell: "The Fed will likely impose more large interest rate hikes in coming months." He also warned more explicitly than he has in the past that the Fed’s continued tightening of credit will cause pain for many households and businesses. CLICK ON THE HEADLINE FOR MORE

80% Of Economists See ‘Stagflation’ As A Long-Term Risk. What It Is And How To Prepare For It

To have stagflation, you need both high unemployment and high inflation at the same time. Despite surveys sounding the alarm on stagflation, not everyone agrees it’s inevitable. CLICK ON THE HEADLINE FOR MORE

Will There Be A Recession In 2022? How To Prepare Now

With mounting anxiety about an impending recession in the US, you may be concerned, or at least a little curious, about what this may mean for your finances. So how do you best prepare, save, invest and generally make smart money moves in these uncertain times? For some guidance to help navigate through this difficult financial period, CLICK ON THE HEADLINE

16 Of The Worst Pieces Of Financial Advice People Have Ever Been Given

While there's a lot of good financial advice that could be beneficial to someone trying to save money, there's also some really bad guidance being given. The Reddit community was recently ask "What’s the worst piece of financial advice somebody has given you?" The responses were downright concerning. CLICK ON THE HEADLINE FOR THE BEST ONES

5 Money Moves You Should Make Now That The Election Is Over, According To These Experts

Is there anything you should do for your personal finances to be ready for political change? Five experts were asked for advice on how you can take control of your finances under a new administration. CLICK ON THE HEADLINE FOR MORE

FICO Credit Score Changes Could Punish People Who Struggle To Manage Debts

FICO announced it would be releasing this summer two credit score models, FICO 10 and FICO 10 T. It is estimated that 40 million consumers will see a drop in their scores by 20 points but another 40 million could see scores increase as much. CLICK ON THE HEADLINE FOR MORE