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What You Need to Know Before Exiting Mortgage Forbearance
Millions of people are struggling with their mortgage payments. It’s true that the total number of loans in forbearance did decrease in December to 5.48%, but that doesn’t mean that people are out of the woods yet. According to the MBA, there are 2.7 million people in active forbearance, who will soon reach their six-month […]
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The Best Homeowners Insurance Companies of 2021
Research methodology To make our recommendations for the best homeowners insurance companies in 2021, we used our proprietary SimpleScore system to rate insurers on accessibility, coverage options, customer service, discounts, and support. The research was supported by inputs from experts from renowned third-party market research companies such as J.D. Power and Better Business Bureau and […]
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Does My Homeowners Insurance Go up After a Claim?
All that recent snowfall might have been beautiful in the moment, but it might be taking a toll on your home’s roof. If the weight of snow and ice has caused your roof to collapse, forcing you to file a claim with your homeowners insurance provider, you’re not alone. According to the Insurance Information Institute, […]
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Is 65 Still a Good Retirement Age?
For almost a century, 65 has been seen as the age at which people retire in America. This is largely due to the original Social Security Act of 1935, which set the minimum age for full retirement benefits at 65, and since then, 65 has seemed like the magic number for retirement. Does that age […]
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How To Budget For a Home: An Interactive Workbook for Teens
It’s especially important for educators to work with children on their financial literacy because a whopping 69% of parents admit that discussing finances with their children makes them uncomfortable. However, kids want to learn, with over 50% citing money management as the high-school course that would benefit them most. However, young minds are also impatient […]
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The Best Renters Insurance in Chicago, Illinois
The best renters insurance companies in Chicago, Illinois Best for Low Premiums: Lemonade Best Customer Service: State Farm Best for Add-On Coverage Options: Nationwide Best for Local Agent Network: Erie Insurance Best Coverage for High-Value Items: Country Financial Choosing your provider When choosing the best renters insurance in Chicago, it’s best to compare policies and […]
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What Is Renters Insurance?
Learning everything from what renters insurance covers to how to get renters insurance is key to securing your possessions and lowering the risks of loss.
The post What Is Renters Insurance? appeared first on The Simple Dollar.
Should I Make Principal-Only Payments on My Personal Loan?
Let’s cut to the chase: making extra payments each month on a personal loan can dramatically lower the amount of interest you pay over time. The main reason for this is because interest is based on principal — a lower principal amount means less interest, and you save money. For this reason, principal-only payments should […]
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DACA Recipients Can Now Apply for FHA Mortgages
It’s official. DACA recipients who legally work in the U.S. can now apply for mortgages backed by the FHA. The Department of Housing and Urban Development put an end to years of confusion and controversy surrounding Dreamers’ eligibility for FHA-backed mortgages. Making Wednesday is the first day since the formation of the DACA program that […]
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Zippyloan Personal Loan Review
If you’ve struggled to find the right personal loan, Zippyloan might be able to help. Zippyloan provides an online marketplace where borrowers can find a loan based on their financial situation. Be aware that some Zippyloan offers come in the form of personal loans, with short terms and high interest rates. That being said, this […]
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