Ignoring your student loan debt is not a good idea. Instead, start right now by making a plan to get out of student loan debt. The sooner you start the better. Here is how.
by Shaun MorganDuring the COVID-19 pandemic, many people were laid off from their jobs causing their expenses to become unaffordable. Many people were unable to purchase some necessities and desired products outright, which caused them to turn to the buy now, pay later (BNPL) program.
by Matin VarshochiWhen President Joe Biden was elected into office, one of his main promises was to forgive borrowers’ student loans, and now it is beginning. Eligible borrowers can receive up to a $20,000 deduction in their outstanding student loans.
by Matin VarshochiOne of the simplest ways to secure financing is through a line of credit. The application process for lines of credit tends to be quicker and less involved than for other types of financing such as business loans, personal loans or mortgages.
by Pam HillAfter receiving medical care, a bill must be paid off. Typically, if someone has health insurance, the insurance company will cover all or a portion of the bill. Some may have little to no income, which makes it hard for them to afford insurance, which leads to accumulating debt.
by Matin VarshochiScholarships are the best option for getting a college degree debt-free. Here’s how you can get a free education by using scholarships.
by Shaun MorganA recent class-action lawsuit has led to a settlement of approximately $7.5 billion for student loan borrowers who claim the Department of Education, under the Trump administration, had intentionally not followed regulations implemented by the Obama administration, which led to many people having their debt relief claims denied.
by Matin VarshochiOn Wednesday, May 4, 2022, the Federal Reserve Bank announced they will be raising interest rates by a half-point. The rising rates have been at their highest point in more than 20 years, and the increased rates have caused the stock market to go into a frenzy, with the S&P 500 dropping by 3.5% the following day.
by Matin VarshochiA secured credit card requires the cardholder to make a security deposit, whereas an unsecured credit card doesn't. Both can be a great tool for building a positive credit history and improving your credit score; each has its advantages and disadvantages.
by Pam HillBiden Administration announced that federal student loan payments had been paused, again, until August 31, 2022. Although this is the sixth extension, it is essential to look at different ways to begin paying off student loans.
by Sheena AllenChoosing the right mortgage depends on a host of important factors. Some of those factors include your FICO score, your available down payment, and how long you plan on living in your new home.
by Pam Hill