If you’re considering a home equity loan and wondering whether you can deduct the interest on your taxes, the answer is: maybe. Home equity loan interest isn’t automatically deductible just because the loan is secured by your home. Under cu…
Category: Lifestyle
A 2026 study by EY (Ernst & Young) breaks down debt settlement by state, showing where clients live, how much debt they settled, and how much they saved. Commissioned by the Association for Consumer Debt Relief (ACDR), a debt relief industry trade …
There’s a rule that gets thrown around a lot: don’t spend more than 30% of your income on rent. It sounds simple until you actually do the math and realize there are two possible numbers: gross income and take-home pay. The 30% rule is a guideline, not…
A 2026 study by EY (Ernst & Young), one of the Big Four accounting firms that also provides consulting and economic research services, offers a detailed picture of who uses debt settlement. Commissioned by the Association for Consumer Debt Relief (…
Anyone weighing debt settlement wants to know what the fees will be, and a 2026 study from EY (Ernst & Young), one of the Big Four accounting firms, puts hard numbers on them. Drawing on data for an estimated 4.3 million clients who enrolled from 2…
A 2026 study by EY (Ernst & Young), one of the Big Four accounting firms, looked at an estimated 4.3 million debt settlement clients who enrolled from 2016 to 2022. The Association for Consumer Debt Relief (ACDR), a debt relief industry trade group…
A 2026 study by EY (Ernst & Young), one of the Big Four accounting firms, looked at what happened to an estimated 4.3 million debt settlement clients who enrolled from 2016 to 2022. The Association for Consumer Debt Relief (ACDR), a debt relief ind…
In October 2026, the Association for Consumer Debt Relief (ACDR), a debt relief industry trade group, released Debt Settlement Program Outcomes, 2016–2025, a study it commissioned from EY (Ernst & Young), one of the Big Four accounting firms. ACDR …
Most monthly mortgage payments are divided into four components, often abbreviated as PITI: principal, interest, taxes, and insurance. On a fixed-rate loan, the principal and interest portion is locked in at closing and never changes. But taxes and ins…
It can be tough to pull off, but plenty of people consider paying off their mortgage early. But just because you can doesn’t always mean you should. There are pros and cons of paying off your mortgage early, especially if money is tight right now. …