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Bankruptcy is a legal process that individuals or businesses can undertake when they are unable to pay their debts. The United States Bankruptcy Code provides two...
American-style personal bankruptcy is something that needs to be cherished. Having a way to start over when you are down on your luck is an exceptional...
Being underwater on your car loan can feel like you’re sinking financially, but you’re not alone. According to the Federal Reserve Bank of New York, auto...
By MacKenzy Pierre
In the Federal Reserve Bank of New York’s second quarter of 2024, household debt in the U.S. increased by $109 billion, bringing the total to a...
By FMC Editorial Team
You can’t build a solid financial future if your FICO score is holding you back. It’s great that people from all financial backgrounds are talking about...
By Article Posted by Staff Contributor
Bankruptcy is often considered a last resort, a drastic measure for those struggling under the weight of unmanageable debt. In fact, according to a recent study,...
By Article Posted by Staff Contributor
Introduction Middle-class voters are the backbone of the American electorate. Their votes decide elections, and their voices shape national policy. In the 2020 presidential election, for...
By MacKenzy Pierre
If you’ve been looking at buying a luxury home or property in a high-cost area, you’ve probably come across the term “jumbo mortgage.” But what does...
By MacKenzy Pierre
The answer to whether paying off collections will improve your credit score is: it depends. If you’ve ever found yourself dealing with a collections account, you...
By MacKenzy Pierre
Late payments are the kryptonite of a good credit score, and too many of you have been hit hard by them. Learn how to remove late...
By MacKenzy Pierre
If you’ve been investing for a while, you’ve probably experienced some market losses. It’s not something people love to talk about, but let’s be honest—losses happen,...
By MacKenzy Pierre
The lingering shadows of the Gilded Age stretch into the present, casting a long silhouette over America’s economic landscape. Families like the Waltons, the Mars clan,...
By FMC Editorial Team
Being underwater on your car loan can feel like you’re sinking financially, but you’re not...
In the Federal Reserve Bank of New York’s second quarter of 2024, household debt in...
You can’t build a solid financial future if your FICO score is holding you back....