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0
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1answer
66 views
EU deposit guarantee fund for failed state guarantee
I am not able to find reliable information on this topic. Generally speaking, all deposits in EU banks are secured by national guarantee fund up to about 100k. Image a national fund would fail because ...
2
votes
2answers
253 views
What is the best way to pay back a(n unaffordable) private student loan?
Let's say I owe a private student loan of $50,000, and it's already been discharged to a 3rd party for collections. Monthly payments would be several hundred dollars, which is something I cannot ...
5
votes
3answers
607 views
If you buy a new home before selling the old one, what could happen from not paying the old mortgage?
I'm researching the process of selling a home and buying a new one. Several articles warn against buying the new home before the old one is sold because you may end up having to pay two mortgages. I'm ...
9
votes
3answers
258 views
Payment Dispute, Is it worth it?
3 years ago I cancelled my T-Mobile account. I was charged a $250 cancellation fee, plus the amount due at the time, totaling $376.53. Recently I was contacted by a creditor saying I owed T-Mobile ...
5
votes
3answers
276 views
Job transfer with a house I can't sell. How should I handle it?
We have a house with a 180k 1st mortgage (Huntington) and 55k 2nd mortgage (PNC). Each is from a different company. The house just appraised at 190k. I'm being transferred by my employer from ...
6
votes
2answers
146 views
Effect of country default on house prices?
What effect would a sovereign default of a European country (i.e. Italy/Greece) have on house prices of the same country that goes in default?
What does the previous literature says about similar ...
2
votes
2answers
196 views
What Happens to Bank Stocks If Country Defaults
I have been looking at investing in bank stocks in a country that may default. The prices seem very low right now, even considering the risks. What truly happens to bank stocks in a country that ...
4
votes
7answers
1k views
How credible is Stansberry's video “End of America”?
So, I stumbled upon this a couple of days ago. I've shown it to several friends. I have no idea what he is advising we do about it, I haven't paid him any money, and he doesn't pay me.
What I ...
7
votes
3answers
1k views
How can a person protect his savings against a country default?
I'm a middle-class citizen, currently living in a EU country (Greece in my case). How can I protect my little savings (that I currently have in a Greek bank) against a country default, like the one ...
4
votes
3answers
242 views
How could USA defaulting on its public debt influence the stock/bond market?
Ok, let's face it... US public debt is high and people are starting to wonder if the country might default on its debts. How would this hit United States' stock market, its bonds, or its currency? ...
6
votes
2answers
142 views
Please explain: What exactly is a CDS or “Credit Default Swap”?
I hear a lot about CDSs (Credit Default Swap) and I not really know what they are. Can you please explain it to me? What are they good for?