unemployment insurance payments

Today the U.S. unemployment rate jumps to 8.1% with another 651,000 jobs disappeared in February. The unemployment rate is higher now than at any time since December 1983. This means that many Americans are collecting their unemployment insurance payments, and some are doing so for the first time ever.

As a result, some people are left [...]

The other day, I wrote about getting cash through reverse mortgages.  Today, I want to explore refinancing to access money locked up in your home equity. I think it’s a good idea to learn about these options in face of the economic crisis and record high unemployment rate.  You never know when your home equity [...]

For someone who doesn’t carry a lot of debt, I didn’t give Debt-to-Income Ratio a serious thought until I start lending money on peer-to-peer lending networks — i.e., Prosper and Lending Club. The truth is, DTI is important; especially in the business of borrowing and lending money.

Definition of Debt-To-Income Ratios (DTI)
Debt-to-income ratio, or DTI ratio, [...]