I’m 62 with $100,000 in student loans and $13,000 in credit card debt. What can I do?

I’m 62 with 0,000 in student loans and ,000 in credit card debt.  What can I do?

How to get out of student loan debt Getty Images/iStockphoto Question: I work as a nurse for a small for-profit agency. I am an employee and I do not have the possibility of working overtime. I only have every other weekend where I could work overtime. I have serious medical issues with huge medical bills … Read more

Small businesses will feel the pressure of rising interest rates – here’s what to expect

Small businesses will feel the pressure of rising interest rates – here’s what to expect

This article is reproduced with permission from NerdWallet. The Federal Reserve raised interest rates by 0.25% on Wednesday March 16 – the first rate increase since 2018 – and indicated that it would gradually raise rates throughout 2022. Small business owners could feel the impact of these rate increases with more expensive loans, higher credit … Read more

Small businesses will feel the pressure of rising interest rates – here’s what to expect

Small businesses will feel the pressure of rising interest rates – here’s what to expect

This article is reproduced with permission from NerdWallet. The Federal Reserve raised interest rates by 0.25% on Wednesday March 16 – the first rate increase since 2018 – and indicated that it would gradually raise rates throughout 2022. Small business owners could feel the impact of these rate increases with more expensive loans, higher credit … Read more

Where to look if banks reject your small business loan application

Where to look if banks reject your small business loan application

Small business loan approval percentages in large banks (over $10 billion in assets) fell from 13.6% in June 2021 to 13.8% in July, the same percentage as a year ago, according to the latest Biz2Credit Small Business Lending Index™. The approval percentage at major banks is about half of what it was at the start … Read more

Expanding Online Small Business Loans Help Black-Owned Businesses and Other Small Businesses

Expanding Online Small Business Loans Help Black-Owned Businesses and Other Small Businesses

Small business lending continues to improve steadily, but at a slow pace. While the rebound in percentage approval rates for small business loan applications pales in comparison to the pre-pandemic highs recorded in February 2020, the direction has been generally positive for about a year at this point. For example, small businesses loan approval percentages … Read more

Mortgage Coach and ReverseVision Partner to Help Consumers Compare “Term” and Reverse Mortgage Financing Options

Mortgage Coach and ReverseVision Partner to Help Consumers Compare “Term” and Reverse Mortgage Financing Options

IRVINE, Calif., April 5, 2022 (SEND2PRESS NEWSWIRE) — Mortgage Advisora borrower conversion platform enabling mortgage lenders to educate borrowers with interactive presentations that model home loan performance over time, today announced an integration with Inverted vision, a subsidiary of Constellation Mortgage Solutions, Inc., the nation’s leading provider of home equity conversion mortgages (HECM) and private … Read more

I was making $100,000 a year, but I had $85,000 in debt. How to get out of debt faster

I was making 0,000 a year, but I had ,000 in debt.  How to get out of debt faster

Getty Images/iStockphoto Question: Over the past few years, I’ve racked up $85,000 in credit card debt. I had two jobs and was making $100,000 a year but once COVID hit I lost my second job and couldn’t find another that paid close to what I was making before . I joined American Consumer Credit Counseling, … Read more

Small businesses will feel the pressure of rising interest rates – here’s what to expect

Small businesses will feel the pressure of rising interest rates – here’s what to expect

This item is reproduced with permission from NerdWallet. The Federal Reserve raised interest rates by 0.25% on Wednesday March 16 – the first rate increase since 2018 – and indicated that it would gradually raise rates throughout 2022. Small business owners could feel the impact of these rate increases with more expensive loans, higher credit … Read more

Goldman Sachs is betting you’ll want a $10,000 loan from the investment bank

Goldman Sachs is betting you’ll want a ,000 loan from the investment bank

David Zalik, founder and CEO of GreenSky. Chris Hamilton | GreenSky Goldman Sachs, the 153-year-old investment bank, is now officially in the home improvement loan business as it continues to push into the finances of ordinary Americans. The bank plans to add one million customers a year to its fledgling retail division of Marcus through … Read more

Wells Fargo expands nCino adoption to transform Small

Wells Fargo expands nCino adoption to transform Small

WILMINGTON, NC, March 31, 2022 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that Wells Fargo & Company (NYSE: WFC) will expand its use of the nCino Bank Operating System® to accelerate digital transformation within its Consumer and Small … Read more