Budgeting After a Sudden Job Loss

Are you one of the 95 million Americans out of work? Whatever the reason for you to be unemployed, a sudden reduction in your family’s income can be an incredibly stressful time. But to be able to ride out this dramatic new financial storm you will need to act immediately to help you and your family adjust to your new financial situation. So how can you effectively manage your family budget when you have lost your job?

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6 Things Mortgage Lenders Don’t Like On Your Credit Report

Found your dream house? Congratulations! But now you have to prepare to get your mortgage loan approved. It could one of the hardest thing you could be doing this year. There’s a lot of paperwork involved. All your financial history will come under scrutiny. Your credit report will be the first thing your mortgage lenders will be checking. 

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Who is Responsible for Bills of the Deceased?

Who ultimately become responsible for paying back the debts of the deceased depends on the kind of debt and legal requirements of residency. Secured debts, personal loans, cosigned loans and tax payment obligations always survive death. If you assume a lot of unpaid debt in life, you could be setting up your loved ones and/or the inheritors of your estate to deal with a lot of legally mandated debt hassles.

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