Trump’s attempts to bring down Fed Reserve Governor Lisa Cook for alleged mortgage fraud should have homeowners looking into their own vulnerabilities
President Donald Trump’s ongoing efforts to fire Lisa Cook from the Federal Reserve board over allegations of mortgage fraud raise an unsettling question for homeowners: Just how much of your mortgage information is public, and could it ever be used against you? (1) The Trump administration accuses Cook of mortgage fraud, suggesting she declared both […]
I ignored my $15K car loan for 4 years as my life fell apart due to drugs — but the car wasn’t repo’d. What happens now if I try to drive or sell it?
Imagine Mike, a 34-year-old graphic designer from suburban Detroit. In 2018, he financed a used 2012 Toyota Camry with a $15,000 loan. A few years later, after experiencing layoffs, addiction issues, and mounting medical bills, Mike’s finances collapsed. He started missing car payments, and eventually stopped paying altogether for four years. Today, the car is […]
California mom mulling marrying her boyfriend with a $2M trust fund wants Dave Ramsey’s advice on prenups — but Ramsey sees a much bigger problem
When people enter a marriage with differing levels of assets, it’s not uncommon to consider signing a prenuptial agreement addressing how their assets will be handled if their marriage fails. That’s why Hailey, a single mom with a five-year-old, called into The Ramsey Show from California. Must Read Thanks to Jeff Bezos, you can now […]
Americans’ credit scores have been tumbling — but 1 group is currently facing the harshest financial reality. Why that’s a big deal
Credit scores can be crucial to renting an apartment, getting a decent rate on a bank loan or even signing up for a mobile phone plan. Now, that ticket might be harder to come by. Data shows America’s credit scores are falling fast, and the youngest generation of borrowers is bearing the brunt. Must Read […]
Online spending is expected to slow this holiday season as consumers tighten their belts — how to save more if you aim to spend less this year
The holiday season is always a time when people spend big, but that may not be the case this year. In fact, a survey from PwC found that consumers expect to spend 5% less this year than last year, with the projected average coming in at $1,552. (1) Online spending is one area where people […]
Electric vehicles cost nearly 37% more to insure than gas cars, Surex study finds
A new survey from Canadian insurance marketplace Surex shows that drivers choosing electric vehicles (EVs) are paying a steep premium when it comes to coverage. The study, based on more than 12 months of Surex insurance quotes, found the average annual premium for a gas car to be $2,289.27 compared with $3,131.43 for an EV. […]
Nancy Pelosi clashed with CNN when confronted about insider trading — should lawmakers be allowed to trade stocks?
This article adheres to strict editorial standards. Some or all links may be monetized. Former House Speaker Nancy Pelosi wasn’t having it when CNN’s Jake Tapper pressed her about insider trading allegations. During an appearance on “The Lead with Jake Tapper,” the host asked what she thought of President Donald Trump’s accusation that she got […]
Punished for being poor: One man calls NSF fees a “poverty tax” and Redditors have thoughts
It started with a Reddit post. User u/Important-Day-8936 shared their frustration with being charged over $1,000 in non-sufficient funds (NSF) fees within a year. “Not because I was irresponsible,” they wrote, “but because I was/am still financially struggling.” "NSF fees are a poverty tax," the redditor declared, "and I’m done staying quiet." Their post hit […]
Minnesota farmers are on brink of disaster as China hits back with US soybean boycott — can South America really ‘feed all their needs’ forever?
On his 2,200-acre farm near Brownton, Minnesota, Ryan Mackenthun — whose great-great-grandfather founded the farm in 1887 — says the weather couldn’t be better. Clear October skies and stronger-than-usual yields have made for an ideal soybean harvest. But while the outlook on his fields is bright, the same can’t be said for the broader economy. […]
Bernie Sanders admits he owns 3 homes — but claims he ‘doesn’t give a damn’ about money. How to build wealth even if you don’t want to be super rich
This article adheres to strict editorial standards. Some or all links may be monetized. U.S. Senator Bernie Sanders has long been hailed as a man of the people. So when it came to light that he owns three homes, critics were quick to pounce — hardly a surprise in a time when millions of Americans […]