Grandpa, cut up that card! A large share of retirees have credit card debt.
A historically large share of retirees have credit card debt, recent reports show, a sign of financial instability that worries researchers.
Here's How Much Debt You Can Have and Still Get a Mortgage
However, there are some factors that aren't quite so obvious, and one is your other debts such as auto loans and credit cards. To be perfectly clear, you can still get a mortgage if you have a car ...
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Retiring with debt? Experts explain downsizing, using super for your mortgage, and pension eligibility
About 36% of homeowners still have a mortgage when they retire, up from 23% a decade ago. This increase in mortgage debt is ...
I’m a CFP: Why Dave Ramsey’s Advice on Paying Down Debt Isn’t My Favorite (And What Is)
When it comes to financial literacy and education, Dave Ramsey knows what he is talking about. After creating several highly ...
This factor can get your mortgage application denied — even if you're a high earner
The debt-to-income ratio was the most common reason buyers were denied a mortgage, according to a report. Here’s how to ...
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What’s a Good Debt-to-Income Ratio?
What is a debt-to-income ratio? Your debt-to-income ratio, also referred to as DTI, is a numerical representation of how much ...
Mortgage rates are heading lower — is this a good time to buy a house?
Mortgage rates are finally inching down, and home inventory is improving. Learn whether the market and your finances make it ...
A house is a wealth trap for those looking to retire
There are better ways to profit off our real estate boom and that’s by owning it in a form that allows you to actually cash ...