Selective Government Aid | Americans Need Payday Loans
Medical costs climbing
Payday loans applications are flourishing as medical costs continue to weigh down Americans. Currently there are millions of people seeking aid from government programs. These programs can be confusing, however, and many people are being rejected for innocuous reasons such as location, rather than need. Government aid comes [...]
Don’t Even Try: Exemptions | Loan Modification Part 6
Not a money-making tool
In Part 5 of this series, I talked about staying away from scams and keeping your home and your money safe. But struggling homeowners aren’t the only people out there in danger of being scammed.
The government has set limitations on its foreclosure prevention plan to make sure [...]
Freddie Mac Comes Back for More Bailout
Mortgage company needs more funds
Freddie Mac, a company that has already received billions of dollars of government funding, is asking for another $30.8 billion from the U.S. Treasury.
Right now taxpayers own 79 percent of the company, after the government moved the company into conservatorship in September.
Troubled times
Freddie Mac says it [...]
U.S. Government Gives Another $30 Billion to AIG
Troubled insurance company needs more help
For the third time, insurance company American International Group has turned to the government for help. The feds threw the company an $85 billion lifeline more than a year ago. After TARP fund started being handed out, the financing for the company was modified, and the [...]
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