Student Debt Takes a Toll on Some Home Buyers
Economists Debate Whether School Loans Are Undermining the Housing Recovery By JOSH MITCHELL June 20, 2014 7:07 p.m. ET Rachael Heffner, like many Americans, has long had a dream of owning her own home. But the college graduate also has a much newer problem blocking her way: a $691 monthly payment to service her nearly $60,000 […]
Why You Make Bad Decisions – #Behaviorial #Economics
We like to think we’re rational human beings. In fact, we are prone to hundreds of proven biases that cause us to think and act irrationally, and even thinking we’re rational despite evidence of irrationality in others is known as blind spot bias. The study of how often human beings do irrational things was […]
Worker Misclassification As Independent Contractor Can Be Costly
The battle between the Internal Revenue Service (IRS) and taxpayers continues over independent contractor treatment. The Wall Street Journal has reported that the IRS has been making its rounds to small businesses, checking in to see if they have classified their workers correctly. Worker misclassification has been an ongoing problem at the federal level […]
What is a Good Credit Score? | Credit.com
Most credit scores – including the FICO score and the latest version of the VantageScore – operate within the range of 301 to 850. Within that range, there are different categories, from bad to excellent. Excellent Credit: 750+ Good Credit: 700-749 Fair Credit: 650-699 Poor Credit: 600-649 Bad Credit: below 599 via What is a […]
Entrepreneurs – Get Your Startup Funding From Your Neighbors – WSJ
Everyone’s heard the call to “buy local.” Now a growing movement is urging people to take grass-roots support even further—and invest local. The idea: Instead of putting their investment dollars in big, distant companies, people should bet on the shop around the corner, by giving it a loan or buying a stake in it through […]
The return of the home as ATM
The return of the home as ATM, increase in HELOCs, lower lending standards are warning signs of another housing bubble via The return of the home as ATM | Inman News.
Nearly half of modified mortgages facing rate increases are underwater | Inman News
In April, nearly 2 million modified mortgages — mortgages whose terms were adjusted to help homeowners hold onto their homes — were facing interest rate resets in the years ahead, and 40 percent of them were underwater, according to Black Knight Financial Services’ latest Mortgage Monitor Report. via Nearly half of modified mortgages facing rate increases […]
Spokane marijuana retailers fret about supply
Marijuana shop lottery results highlight disparity Katie Ross May 22nd, 2014 —Katie Ross Scott O’Neil, a successful retail license applicant here, says he’s already contracted with a grower for product. With the release of the Washington State Liquor Control Board’s marijuana retailer lottery results earlier this month, retail marijuana operations are moving forward; however, it […]
Before You Hire Those Summer Interns…
Summer is almost here! Many companies hire high school or college students as summer interns. The company gets help for little or no pay and the student gets some great experience. If you do not intend to pay your interns, you need to meet the following six criteria under the Fair Labor Standards Act: The […]
What is a bad credit score?
It’s impossible to say exactly since there are many different credit scores available to lenders, and every lender decides for itself what credit scores are acceptable. via How to Get a Credit Card with Bad Credit | Expert Advice | Credit.com.