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The Finance Gourmet

Personal Financial Advice from a former Certified Financial Planner

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Subprime Auto Loans and Home Loans 1

Subprime Auto Loans and Home Loans

October 24, 2023 by Finance Gourmet

Understanding Auto Loans: Prime vs. Subprime, A Comparison In today’s economic landscape, inflation and resuming student loan payments, are causing financial strain for many Americans, leading to record-high default rates on auto loans. The situation is reminiscent of the financial crisis in 2008, but this time, it’s the auto loan …

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Categories Economy Tags auto loans, economy, intrest rates, Personal Finance
Federal Reserve Holds 2

Federal Reserve Holds

September 26, 2023 by Finance Gourmet

The Federal Reserve Board voted not to raise interest rates at their October meeting, finally realizing that the runaway freight train of interest rate hikes might be more detrimental to economy than the inflation that they are supposedly fighting. Did the Fed Stop Too Late The big question on everyone …

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Categories Economy Tags Fed, federal reserve, intrest rates, News, The Fed

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