If you are part of the millennial generation, you may have seen how the Great Recession affected your family and friends. Therefore, you may now be basing some of your financial decisions on avoiding the negative consequences that you observed and the high rates of...
The 2016 Summer Olympics are in full swing in Rio and there have been a number of standout American athletes that have become household names across Tennessee. However, earning a medal does not guarantee a lifetime of fame and fortune. While a handful of competitors...
Nearly everyone in Tennessee is familiar with the housing bubble that ultimately burst and caused the Great Recession. Now a new bubble is on the horizon. This one involves auto loans and while it will probably not devastate the economy in the same way, it could lead...
After the housing bubble burst in the mid-2000’s, regulations were put in place that allowed mortgage borrowers to take advantage of certain protections against foreclosure one time only over the lifespan of a loan. New rules have now been approved by the...
Don't feel bad. Bankruptcy happens everywhere, not just here. Here's the bad news: Tennessee has the worst bankruptcy record in the U.S., according to a report produced by finance website NerdWallet. As Will Racke reports with the Nashville Business Journal, the...
There may be several different reasons why you would consider co-signing a student loan for someone. Most often, co-signers are parents who co-sign their child’s loan but you may also just want to help support a friend or relative who is pursuing a higher...
After the Great Recession sent the economy into a tailspin, many consumers in Tennessee and across the country became much more cautious about using credit cards and taking on high-interest debt. However, it seems that the recent stronger economy now has many people...
If you are buried under unmanageable debt and seeking a way out, bankruptcy may very well be one of the options you have taken into consideration. However, if you don't know very much about bankruptcy, which is not unusual for people going through it for the first...
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