Federal recovery loans available to victims of the DuPage tornado

SPRINGFIELD, Illinois. Residents whose property suffered damage in June from a tornado that hit DuPage County and other areas of suburban Chicago are eligible for low-interest federal recovery loans. Illinois officials announced this week that the U.S. Small Business Administration has approved their request for help with low-interest, long-term loans. …

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What buyers should know

To qualify for a mortgage, you usually need to meet certain conditions. On the one hand, you will need: A sufficiently strong credit rating A reasonable and not excessive level of existing debt A stable job Funds for a down payment Many mortgage lenders have tightened their borrowing requirements during …

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Pass university? Not if you wanna make more money

Skeptical about the four-year college degree? It is always your best bet for making money. The backlash against college as a common stop on the road to adulthood has intensified over the past decade. Critics say four-year degree programs burden most students with five-figure debt without a clear path from …

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Prosecution says Sheriff Mike Blakely is driven by financial desperation, defense says he’s no shortage of money

ATHENS, Alabama – Friday morning’s opening statements by the prosecution and defense offered two entirely different images of Limestone County Sheriff Mike Blakely. Prosecutors described a desperate campaign by Blakely by moving campaign donations to her personal bank account to avoid overdrafts and taking $ 29,000 from detainees’ accounts for …

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How home hacking cuts your living expenses

Home hacking strategy in 7 steps Want to reap the benefits of home hacking? Here are the steps you will need to take to implement this strategy in your own life. 1. Choose the type of opportunity Home hacking comes in all shapes and sizes – there is no one-size-fits-all …

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Experts warn against student loan fraudsters

The BBB claims that people are losing thousands of dollars to scammers claiming to reduce debt and monthly payments. TAMPA, Florida – Student loan payments are expected to drop in October this year after being suspended due to the pandemic. But people are losing thousands of dollars because of student …

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Graduating students owe approximately 50% of all student debt

When many people think of the student debt crisis, they think of jaw-dropping six-figure debt totals. But “a lot of those big numbers end up being outliers or it’s graduate students who’ve racked up [debt] based on continuing their education, ”says Rick Castellano, vice president of corporate communications for Sallie …

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