Dealing with both the pandemic recession & holiday shopping, 63% of Americans told LendEDU they will be taking on a record amount of credit card debt this holiday season. That includes 72% of people who were laid off during the pandemic, and 75% of people who are still laid off.
LendEDU's survey of 1,000 American taxpayers found tax debt issues stemming from the coronavirus could get ugly in 2021 due to people relying on unemployment benefits, retirement funds, and stock sales to get through the pandemic recession.
LendEDU analyzed nearly 30,000 American cities to see which ones are not only the fastest-growing but the most affordable for renters.
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Using just-released data from the Department of Education, LendEDU lists the student loan default rates at nearly 4,500 colleges around the U.S., in addition to the collective default rates for each state. Interestingly, the national default rate dropped compared to our report last year.
Analyzing over 25,000 U.S. cities, LendEDU first found the 1,000 places with the highest proportions of veterans & military members. These cities were then ranked based on their affordability for homebuyers that are using a mortgage.
LendEDU ranked the 1,000 fastest-growing U.S. cities according to each one's affordability for homebuyers that are using a mortgage.
LendEDU's survey of 1,000 homeowners with a mortgage also found that many homeowners have taken advantage of current mortgage rates by refinancing during the pandemic, while pandemic forbearance agreements are leading to incorrect negative credit marks.