Women's eNews (https://womensenews.org/tag/debt/)
A failure to understand personal finance is disproportionately a woman’s problem, leading to poverty and credit card debt. Some teens are using those facts to scare up participation in workshops on saving and investing.
Medicaid, Medicare and Social Security were spared immediate cuts in this week’s deal to raise the government’s borrowing limit. But long-term threats are seen to the programs women disproportionately depend on.
Women’s expansion into home ownership coincided with a rush of complicated high-risk instruments onto the mortgage market. That turned a cornerstone of financial security into a dream crusher. The second of three stories.
Mortgage lending data doesn’t track a borrower’s gender as well as her credit history. But an extensive research analysis suggests women have been unfairly stuck with subprime “toxic” debt said to be for high-risk borrowers. The first of three parts.