government shutdown loans shutdown loans loans for federal employees/workers emergency loan programs federal worker/employee loans furlough loans

Government shutdowns affect millions of people but they are particularly hard on poor families and low-income workers. While Congress and White House staff members continue to get paid 800,000 federal employees have seen their paychecks stop. About 420,000 “essential” employees are working without pay. This includes IRS, NASA, and TSA agents. Approximately 380,000 workers have […]

PROSPER LOGO

Prosper announced that they plan to work with banks, rather than compete with them when they launch a new, online Prosper HELOC product. This choice is a strategic move beyond personal loans; the only product focused on by Prosper since 2005. Their new product arrives at a time when HELOC lines of credit are predicted […]

Reverse mortgage SuperMoney

A reverse mortgage is a loan for homeowners who are 62 and older who want to convert part of the equity in their home into cash (usually tax-free). The borrower keeps the title of the house and is still responsible for paying property taxes, utilities, home insurance, maintenance, and other related costs. It can be a great […]

loandepot-home-equity-loans

When shopping around for a home equity loan, getting one with the lowest costs and interest rate should be your top priority. While it’s important to consider the big traditional lenders, new lenders like LoanDepot are not only making it easier to get a loan, but they’re also helping make it cheaper. Who are LoanDepot […]