Category: Personal Finance

US student loan payments to resume as Americans struggle to pay other debts | S&P Global Market Intelligence

US student loan payments to resume as Americans struggle to pay other debts | S&P Global Market Intelligence

This represents a massive decrease in disoaable income for millions. I hope they are prepared. https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/us-student-loan-payments-to-resume-as-americans-struggle-to-pay-other-debts-76294955

Mortgage 12-month grace period: what’s in it for you?

Mortgage 12-month grace period: what’s in it for you?

None of these UK mortgage  payment shock solutions deal with the underlying problem and they actually make the problem worst. A 12 month grace period won’t solve the problem and assuming interest accrues during the grace period borrowers are worse off. Neither borrower income nor integrates are likely to change much,  hence the grace period …

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