bank failure

The Mortgage Meltdown and Credit Crunch Explained

Real Estate / Lynnette Khalfani-Cox, The Money Coach / bank failure, credit crunch, mortgage meltdown

Q: How did the mortgage meltdown and wall street’s woes lead to the credit crunch? A: The economic crisis that initially began when sub-prime mortgages started unraveling in 2006 and 2007, became a full-scale financial meltdown in 2008, and continues today to have a huge impact on the overall economy, as well as on you […]

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What to Expect if Your Bank Closes

Personal Finance / Lynnette Khalfani-Cox, The Money Coach / bank failure, FDIC

A Facebook fan read about some local banks closing, and wanted to know how – as an account holder – this will affect her. Here’s what you need to know if your bank fails. So far this year, 115 banks have collapsed in the U.S., and many of them are local banks. The Federal Deposit

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All information on this blog is for educational purposes only. Lynnette Khalfani-Cox, The Money Coach, is not a certified financial planner, registered investment adviser, or attorney. If you need specialty financial, investment or legal advice, please consult the appropriate professional. Advertising Disclosure: This site may accept advertising, affiliate payments or other forms of compensation from companies mentioned in articles. This compensation may impact how and where products and companies appear on this site. AskTheMoneyCoach™ and Lynnette Khalfani-Cox, The Money Coach® are trademarks of TheMoneyCoach.net, LLC.

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