Credit

Is Debt Causing Issues in your Relationship?

Retrieved on: 
Friday, July 27, 2018
Economy, Finance, Money, Credit, Debt, Financial law

Half of Canadians in debt are stressed about their level of debt and worrying about debt keeps one-in-three up at night.

Key Points: 
  • Half of Canadians in debt are stressed about their level of debt and worrying about debt keeps one-in-three up at night.
  • Forty per cent of Canadians with debt said debt negatively impacts their mental health which jumps to 70% for those living with lots of debt.
  • Those under 35 and those who say they are in a lot of debt are more likely to say their debt is causing issues in their relationship; men, those under 35 and those in a lot of debt are most likely to say their partner doesn't know how much debt they are in.
  • Unsurprisingly, those who say they have a lot of debt are more likely to express negative feelings about their debt.

State Commits to Slowing the Rising Tide of Student Loan Debt, Notes American Financial Benefits Center

Retrieved on: 
Thursday, July 26, 2018
Economy, Money, Finance, Loans, Personal finance, Student financial aid, Credit, Student loan, Student debt, Debt, Student loan default in the United States, Income-based repayment

American Financial Benefits Center (AFBC), a document preparation company that assists its clients in completing applications for federal student loan repayment plans, encourages robust leadership to reduce the financial and emotional toll of student loan debt.

Key Points: 
  • American Financial Benefits Center (AFBC), a document preparation company that assists its clients in completing applications for federal student loan repayment plans, encourages robust leadership to reduce the financial and emotional toll of student loan debt.
  • Though this initiative provides relief to many Maryland students and borrowers, millions of American borrowers face daily struggles with student loan debt.
  • "It is heartening to see a state promoting access, affordabilityand innovation to increase student success and decrease debt," said Molina.
  • American Financial Benefits Center is a document preparation company that helps clients apply for federal student loan repayment plans that fit their personal financial and student loan situation.

Like Credit Cards, More Isn't Necessarily Better, Warns Ameritech Financial

Retrieved on: 
Wednesday, July 25, 2018
Economy, Money, Finance, Loans, Personal finance, Credit, Student loan, Credit card, Credit history, Mortgage loan, Student loan default in the United States, Income-based repayment

Ameritech Financial, a document preparation service company, warns borrowers potential or current to think critically on their financial situation and potentially consult a financial professional before making a big decision like spending all available money on a credit card or taking out the maximum amount of student loan funding available.

Key Points: 
  • Ameritech Financial, a document preparation service company, warns borrowers potential or current to think critically on their financial situation and potentially consult a financial professional before making a big decision like spending all available money on a credit card or taking out the maximum amount of student loan funding available.
  • Ameritech Financial works with federal student loan borrowers to help them apply for income-driven repayment programs that can potentially lower their monthly payments.
  • "In some cases, a credit card is necessary, because having the credit record from that may help with future endeavors such as applying for a home loan.
  • Ameritech Financial has already helped thousands of consumers with financial analysis and student loan document preparation to apply for federal student loan repayment programs offered through the Department of Education.

Ameritech Financial: Get a Little More Freedom and a Little More Time With the Right Student Loan Repayment Plan

Retrieved on: 
Wednesday, July 25, 2018
Economy, Money, Finance, Loans, Student financial aid, Personal finance, Student loan, Student loans in the United States, Credit, Income-based repayment

For many, student loans either change their lifestyle to one of extreme savingin order to quickly pay back student loans or steal a little time constantly by forcing them to deal with constant student loan paperwork.

Key Points: 
  • For many, student loans either change their lifestyle to one of extreme savingin order to quickly pay back student loans or steal a little time constantly by forcing them to deal with constant student loan paperwork.
  • The Standard Repayment plan for most student loans is not very adaptable and encourages a lifestyle of strict repayments in order to get it done quickly.
  • For many borrowers, the right plan to make life a little easier and gain a little more time may be an income-driven repayment plan (IDR).
  • Ameritech Financial has already helped thousands of consumers with financial analysis and student loan document preparation to apply for federal student loan repayment programs offered through the Department of Education.

Fund Finance Association To Host Fourth Annual European Fund Finance Symposium On October 24, 2018 In London

Retrieved on: 
Wednesday, July 25, 2018
Economy, Finance, Money, Investment, Financial law, Credit, Outline of finance, Hedge fund

LONDON, July 25, 2018 /PRNewswire/ --The Fund Finance Association (FFA), a non-profit industry association in the fund finance market announced it will be hosting its fourth annual European Fund Finance Symposium on October 24, 2018 at The Landmark Hotel in London.

Key Points: 
  • LONDON, July 25, 2018 /PRNewswire/ --The Fund Finance Association (FFA), a non-profit industry association in the fund finance market announced it will be hosting its fourth annual European Fund Finance Symposium on October 24, 2018 at The Landmark Hotel in London.
  • In past years, FFA Symposium topics have included discussion on European Investment and Financing Activity, Women in Fund Finance: Status in Equality, Global Perspectives on Fund Finance and others.
  • In addition to the European Fund Finance Symposium, the FFA has announced a new location for their 9th Annual Global Symposium.
  • The Fund Finance Association is a non-profit industry association in the fund finance market, co-located in New York and Charlotte, N.C.
    Its core mission is to:
    Educate members, legislators, regulators, and other constituencies about the fund finance market and related capital markets through conferences and other events;
    Build the broadest consensus among members on policy, legal, regulatory and other matters affecting or potentially affecting the fund finance market and related capital markets; and
    Advocate on behalf of the fund finance industry with respect to policy, legal, regulatory and other matters affecting or potentially affecting the fund finance market and related capital markets.

Raising a 'Fair' Credit Score to 'Very Good' Could Save Over $45,000

Retrieved on: 
Monday, July 23, 2018
Economy, Money, Finance, Personal finance, Credit, LendingTree, Credit score in the United States, Credit score, Credit card

"The idea of managing one's credit score can be intimidating and may seem like a lot effort," said Kali McFadden, senior research analyst and repot author.

Key Points: 
  • "The idea of managing one's credit score can be intimidating and may seem like a lot effort," said Kali McFadden, senior research analyst and repot author.
  • Services include mortgage loans, mortgage refinances, auto loans, personal loans, business loans, student refinances, credit cards and more.
  • Through the My LendingTree platform, consumers receive free credit scores, credit monitoring and recommendations to improve credit health.
  • My LendingTree proactively compares consumers' credit accounts against offers on our network, and notifies consumers when there is an opportunity to save money.

Sobering Study Shows PLUS Loans Actually Widening Income Gap for African-American Families, Says Ameritech Financial

Retrieved on: 
Thursday, July 19, 2018
Economy, Money, Finance, Loans, Credit, Debt, Student debt, Student loan, PLUS Loan, Student loans in the United States, Student loan default in the United States

This analysis also shows that when parent and student loans are considered together, federal student loan policies are driving an intergenerational accumulation of debt that burden the most disadvantaged families.

Key Points: 
  • This analysis also shows that when parent and student loans are considered together, federal student loan policies are driving an intergenerational accumulation of debt that burden the most disadvantaged families.
  • Of the millions of Americans struggling with student loan debt, these families have the most difficult plight.
  • While PLUS loans were expanded to increase access to low-income students, they had the negative consequence of burdening two generations within the same family," said Knickerbocker.
  • Ameritech Financial has already helped thousands of consumers with financial analysis and student loan document preparation to apply for federal student loan repayment programs offered through the Department of Education.

New FICO® Score Planner Empowers Consumers to Understand How to Better Reach Their Credit Score Goals

Retrieved on: 
Wednesday, July 18, 2018
Economy, Finance, Money, Personal finance, Credit, Credit score in the United States, Credit score, FICO, Credit history, VantageScore

Another first-of-its-kind tool built by FICO Score data scientists, the FICO Score Planner is designed for lenders and resellers to empower consumers to use on their financial health journey.

Key Points: 
  • Another first-of-its-kind tool built by FICO Score data scientists, the FICO Score Planner is designed for lenders and resellers to empower consumers to use on their financial health journey.
  • The FICO Score Planner enables consumers to set a target FICO Score goal and desired time duration to reach their goal.These inputs along with a consumer's current FICO Score and credit report are analyzed by the FICO Score Planner algorithm, which produces a set of personalized potential actions consumers could take to help reach their target FICO Score goal.Consumers can then track their progress to their goal or modify their goals along their way.
  • Through an intuitive and easy-to-navigate user experience, consumers engage with the planner to see their current FICO Score, enter a desired FICO Score goal, and timeline to reach their goal.Based on the customer's current FICO Score, credit profile and desired FICO Score goal and timeframe, the FICO Score Planner produces personalized potential action plans to help consumers clearly outline how they could improve their credit standing.Each month the consumer gets an update on their progress toward their FICO Score goal and can reset their goal as well as time horizon, if desired.They can then receive and follow revised action plans.
  • For more information, read the blog FICO Score Planner: Helping People to Meet Their Credit Score Goals .

North East Kansas Credit Union Selects OMNICOMMANDER For Website Design and Hosting

Retrieved on: 
Tuesday, July 17, 2018
Economy, Cooperative banking, Banks, Community building, Credit, Credit union

MIRAMAR BEACH, Fla., July 17, 2018 /PRNewswire-PRWeb/ -- OMNICOMMANDER , a financial technology firm specializing in website design, social media and marketing for credit unions; announced today that North East Kansas Credit Union has successfully launched its new website, designed and hosted by OMNICOMMANDER.

Key Points: 
  • MIRAMAR BEACH, Fla., July 17, 2018 /PRNewswire-PRWeb/ -- OMNICOMMANDER , a financial technology firm specializing in website design, social media and marketing for credit unions; announced today that North East Kansas Credit Union has successfully launched its new website, designed and hosted by OMNICOMMANDER.
  • North East Kansas Credit Union 's new website went live on Monday, July 2nd making them the 100th live website for OMNICOMMANDER.
  • North East Kansas Credit Union General Manager, Jennifer Froman said "OMNICOMMANDER is a great company.
  • North East Kansas Credit Union is dedicated to the philosophy of the credit union movement: Not for profit, not for charity, but for service.

Canceling All Student Debt Will Help Economy; Ameritech Financial: Don't Hold Your Breath

Retrieved on: 
Friday, July 13, 2018
Economy, Money, Finance, Loans, Debt, Student financial aid, Credit, Student debt, Student loan, Student loan default in the United States

Yet, according to a report by the Levy Economics Institute of Bard College, the American economy would actually benefit if all student debt was suddenly and instantly wiped away.

Key Points: 
  • Yet, according to a report by the Levy Economics Institute of Bard College, the American economy would actually benefit if all student debt was suddenly and instantly wiped away.
  • Ameritech Financial, a document preparation company assisting federal student loan borrowers with applications for income-driven repayment plans, wishes this dream scenario could become reality but understands that a pragmatic approach to student debt is likely the only way to see long-term positive effects.
  • Student debt has skyrocketed over the last couple generations, and the idea of canceling that debt would not exist if not for the drastic rise in the cost of college.
  • Ameritech Financial has already helped thousands of consumers with financial analysis and student loan document preparation to apply for federal student loan repayment programs offered through the Department of Education.