Tag: quicken loans
How to make a big loan, but you won’t be able to repay it
The title says it all, but here’s the gist of how to make the big, money-losing loan to buy a new car, or to make your first big purchase: Start with a loan.Start small.There’s a lot to consider.There are a lot of things that can go wrong.You’re going to want to borrow at least $2,000 […]
Continue Reading...Why the US has a $1.4 trillion debt problem
The United States has a massive debt problem and that’s because the economy is too big.As long as the debt is growing, and if you take a look at the growth rate of the U.S. economy from 2007 to 2020, the debt was rising at almost 4% per year.In contrast, the economy grew at only […]
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