by Michael Rapp | Sep 24, 2021 | Uncategorized
The majority of co-signed loan arrangements are a result of an act of kindness. However, if the family member or friend you agreed to help is delinquent on payments, your credit may be at risk. According to a co-signing survey from CreditCards.com, about 28% of...
by Michael Rapp | Aug 25, 2021 | Uncategorized
Medical debt is among the leading causes of financial adversity in the United States. According to the Journal of General Internal Medicine, as of 2019, about 137.1 million Americans have medical debt. Of these, approximately 62% report having health insurance....
by Michael Rapp | Jul 21, 2021 | Uncategorized
Through government-sponsored forbearance programs, 12% or more of U.S. homeowners were able to pause their mortgage payments during the pandemic. As of May 2021, 2.2 million of those homeowners still owed money from the pause, according to a survey by the New York...
by Michael Rapp | Jun 8, 2021 | Uncategorized
According to statistics compiled by NerdWallet, some 42.9 million Americans owed $1.57 trillion in student loan debt to the U.S. Department of Education (ED) at the close of 2020. This accounts for about 92% of all student loan activity. The private sector has about...
by Michael Rapp | May 6, 2021 | Uncategorized
According to an annual report on fraud from Nilson Report, an estimated $28.65 Billion was lost to payment card fraud worldwide, with the United States accounting for 33.6% of the global card fraud losses. Individuals who use ATMs, credit, or debit cards are likely to...
by Michael Rapp | Mar 25, 2021 | Uncategorized
According to Forbes, as of 2020, nearly 45 million American adults were collectively burdened with about $1.6 trillion in student loan debts. Obtaining a degree in the United States requires a huge financial sacrifice. This is why several students have to take out...
