Description
There’s a huge problem impacting our economy and we need to talk about it – Americans are absolutely drowning in credit card debt. In the fourth quarter of 2023, Americans’ total credit card balances increased by $50 billion, reaching a total of $1.129 trillion, according to data from the Federal Reserve Bank of New York. In fact, consumer debt is at its highest balance since the New York Fed began tracking data in the 1990s.
On today's show, we're going to dive in what's going on with the state of credit card debt in the US. We're going to talk about delinquencies, interest rates, and much more. If you want to know more about consumer debt and how it's impacting the daily lives of Americans, tune in to this episode!
What does it take to become a Section 8 Landlord? Do you have to get pre-approved? And if so, what does the process look like? That's the first question I'm answering on this encore Q&A episode!
On today's show, I'm taking three of your great questions on Section 8 rentals, how to get...
Published 11/04/24
Banks have been tightening their lending standards for a while now, and investors are finding it harder and harder to find lenders willing to give loans on rental properties. Today's first caller has contacted 30 banks to find a HELOC on an investment property, and still came up empty handed....
Published 10/28/24