As your bank has an online presence, it can be very helpful for you to make smart borrowing decisions. There are many different ways to save money. The savings that you get from using one or more of these ways will add up to a significant amount of money over the course of time. Here […]
If you need money fast to cover an emergency or essential living expense, you may be tempted to take out a payday loan. These loans are often easy to get—some lenders won’t even check your credit score. However, because of their sky-high fees—which can be equivalent to annual percentage rates (APRs) as high as 400%—you should avoid this […]
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Business February 28, 2021 10:06 PM3 minutes to read Prem Maan, Executive Chairman of Southern Pastures, owner of Lewis Road Creamery. Photo / Supplied. Southern Pastures – the owner of Lewis Road Creamery – must get discounts on the interest rate on his loan if he meets certain environmental targets under a deal with BNZ […]
Since its inception, paycheck protection program (PPP) loan borrowers have been confused by the required certification that “”[c]The current economic uncertainty makes this loan application necessary to support the applicant’s ongoing operations. This certification, associated with the guidelines of the US Small Business Administration (SBA) of April 23, 2020 asking companies to assess “their current […]
MIDDLETOWN, Ohio – As the COVID-19 pandemic continues into its ninth month, many federal funds intended to help small business owners have dried up and these local businesses are seeking more help. As a result, Middletown is now striving to provide thousands of dollars in micro-loan grants to local entrepreneurs. The first PPP loans have […]
Columbus City Council held a public hearing to review legislation on an energy-efficient renovation funding program for Columbus homeowners on October 24, 2019. This is another monumental step in making Columbus a greener city . The program, Residential Property Assessed Clean Energy (R-PACE), is a residential finance program that incentivizes homeowners to perform energy-efficient renovations […]
LA County is dropping its PACE home improvement loan program, which has faced years of fraud allegations by unscrupulous contractors and private lenders. (iStock) Los Angeles County has ended its controversial home improvement loan program after allegations that unscrupulous contractors were taking advantage of consumers and lenders acted unsupervised. The PACE program was launched in […]
LANSING – Bills to expand Michigan clean energy lending could lead to changes to strengthen consumer protection. Biparty legislation recently submitted to a State House committee would extend Property Assessed Clean Energy (PACE) loans to residential property owners. “There are such savings to be made there,” said Bill’s sponsor Rep. Rebekah Warren, D-Ann Arbor. “And […]
The BOCC voted 3-2 at the May 26, 2020 regular meeting to halt the Property-Rated Clean Energy Loan (PACE) program in Hernando County. The program was recently criticized and featured on WFLA Channel 8’s “8 on your side”, with two segments aired during the meeting. Commissioner Jeff Holcomb opened the discussion by describing the problematic […]
Credit unions ended 2020 with their slowest loan growth in more than five years, with continued weakness in auto lending and credit card use compounded by slowing real estate growth, according to reports released Friday. CUNA Monthly estimates from credit unions, showed that credit unions had $ 1.19 trillion in total loans as of Dec.31, […]
In this age of quick and short funding, it’s understandable that small business owners might overlook installment loans. After all, they require more documentation than some of the other types of loan products on the market. But this type of loan – where you get a lump sum that you pay back over a predetermined […]
Woman calculating her finances. stefamamer If there’s a silver lining to interest accrued on your student debt, it’s that it can lower your tax bill. IRS allows some borrowers to deduct up to $ 2,500 interest on student loans each year of their taxable income, and this can come from federal or private student loan […]
the Reserve Bank of India‘s (RBI) six month moratorium expired on August 31 and payments are expected to fall due, effective today. The Supreme Court has yet to announce its verdict on whether interest accrued during this period will be waived, leaving many borrowers wondering what they should do. Those who are unable to make […]
Most Americans do not itemize deductions on their tax returns, which means most people cannot take advantage of the mortgage interest deduction, medical expense deduction, local and state tax deduction ( SALT), or even the charitable deduction. contributions. However, some deductions can be used even if you do not itemize. They are known as above-the-line […]
As millions of Americans continue to suffer from the ongoing COVID-19 pandemic, it is important to remember that this crisis did not shatter any system, but rather revealed the ways in which our economic and health systems are. already deeply dysfunctional. The inequalities that have made black people, communities of color and the poor suffer […]
JACKSONVILLE, Florida – With business declining almost everywhere due to the ongoing coronavirus pandemic, local businesses are relying on PPP loans from the government to keep them in business. This week, the U.S. government released data showing who got the help and how much each recipient received, including restaurants, stores and services in Northeast Florida. […]
Car buyers collectively passed the 48-month old ‘golden rule’ stop sign for auto loans Through RONALD MONTOYA from Edmunds June 17, 2020, 10:00 a.m. • 5 minutes to read Share on FacebookShare on twitterEmail this article Car buyers have collectively passed the 48-month old “golden rule” stop sign for auto loans. In fact, 72 and […]
It’s back to school, with many students returning to campuses, even though they may not be heading to many classrooms. Whether education is in-person or virtual, however, it all comes with a bill, and today’s students graduate with an average debt of $ 29,000 – and much more. If you have six-figure student loans, you […]