by Whoosh Agency | Mar 3, 2021 | Consumer Debt
If you are behind on your bills and wondering what to do, you are not alone. According to the Consumer Financial Protection Bureau’s recent report, “ Over 11 million families are behind on their rent or mortgage payments: 2.1 million families are behind at least three...
by Whoosh Agency | Feb 24, 2021 | Consumer Debt, Subprime
If you’ve ever tried to get a mortgage or a car loan, you likely heard the term “debt to income ratio.” This ratio is a number that lenders use to determine how much more debt you can afford to pay each month. If your debt to income ratio is high, lenders will be less...
by Whoosh Agency | Feb 18, 2021 | Student Loan Trusts, Student Loans
College students often take out Federal loans because of low interest rates and fair terms. There are no definitive programs for deferment, forbearance, cancellation, or affordable repayment rights with a private student loan. It is also more likely that you get a...
by Whoosh Agency | Feb 10, 2021 | Student Loan Trusts, Student Loans
When you take out a private student loan, there can be holes in your knowledge about who actually owns your debt and who stands to profit from your payments. The US private college loan system is a bit more complicated than you owing money to your lender. Many...
by Whoosh Agency | Feb 2, 2021 | Consumer Debt
On a global scale, the vast majority of Americans are either upper-middle income or high income. Many Americans who are classified as “poor” by the U.S. government would be middle income globally, according to a new Pew Research Center analysis. (2) Because of our...
