SMALL BUSINESS
LendingTree | Starting a business is hard no matter who you are, but the odds aren’t evenly stacked. Women are still significantly less likely than men to own a business. And when they do, those businesses tend to be smaller. Here’s a closer look at where women-owned businesses are most common, and what those businesses look like.
PERSONAL LOANS/DEBT
LendingTree | Struggling with credit card debt? If you have a strong credit score, you could save $1,750 in interest and six months of payoff time by consolidating $10,000 of credit card debt with a low-interest personal loan at the same monthly payment.
MORTGAGE
LendingTree | The average rate on a 30-year fixed mortgage fell below 6% for the first time since September 2022, according to Freddie Mac data released on Thursday. Here’s what LendingTree chief consumer finance analyst Matt Schulz has to say about the decrease.
STUDENT
LendingTree | Americans owe $1.84 trillion in student loan debt. This student loan debt statistics page delves deeply into the burdens borrowers face. Continue reading for more details.
INSURANCE
LendingTree | One mistake behind the wheel can stick with you long after the repairs are done. In LendingTree’s analysis, an at-fault accident that results in at least $2,000 in property damage raises full coverage premiums by 45.0% on average. That’s about $1,031 more per year, or roughly $3,093 over three years. And the pain isn’t evenly spread: Some states and age groups see far bigger jumps than others.
MORTGAGE
LendingTree | The possibility of homeownership has gotten so far out of reach for many Americans that they’re even rooting for the housing market to crash so they can afford to buy.
CREDIT CARDS
LendingTree | When it comes to their own finances, Americans today are far more likely to describe them as good than as bad, according to a LendingTree survey of 2,000 U.S. consumers.
PERSONAL LOANS/DEBT
LendingTree | It’s a long-held rule of thumb that you shouldn’t spend more than 30% of your income before taxes on housing costs. A LendingTree analysis of government data shows that only about 1 in 4 Gen Z workers can meet that standard.
PERSONAL LOANS/DEBT
LendingTree | Love isn’t always about finding someone who makes your heart flutter — many Americans are willing to hedge their bets by choosing partners with money to their name. In fact, 26% of unmarried Americans say they’d consider marrying someone primarily for financial stability.
MORTGAGE
LendingTree | Racial inequality is a major issue in the U.S., with systemic racism and historical discrimination causing various challenges in daily life — including in homebuying. This is especially true for Black Americans, who are among the most economically disadvantaged groups. In this LendingTree study, we found that the Black homeownership rate across the 50 largest metros was 43.6%, compared with 70.3% among white householders.
