Category Archives: loans

Things You Can Do to Avoid Defaulting on Your Student Loans

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As reported by New America Foundation on November 21, 2013, in fiscal year 2013, students borrowed approximately $106 billion through federal loan programs. By law, the U.S. Department of Education considers a borrower to be in default when he/she fails

Before you buy: Check your credit report and score


One of the top mistakes people make when buying a new car, or refinancing an auto loan, is not checking their credit score before they go car shopping. In fact, most people wait until they find the car they want;

Delinquencies on Auto Financing on the Rise


Delinquencies and car repossessions are up across the nation, and credit experts are blaming the trend in sub-prime lending. Fortune Magazine reported in September 2014 that Americans can expect delinquencies to continue to rise in the coming months. The article cited findings

Car Loans: Getting the Best Deal


While the average buyer spends 19 hours researching an auto purchase (according to JD Power), he or she does not do enough homework when taking out a car loan. Despite the fact that failing to shop around for financing could

Timing can be everything when buying a car


Walk into a dealership at certain times of the year and month, and you just might leave with a bigger discount off the sticker price and a lower payment on your car loan than you’d ordinarily be able to negotiate.

Student Loans: A Direct Consolidation Loan Can Help


So you’ve graduated from college with a stack of student loans. You’re not alone. Reuters reported in May that U.S. student loan debt exceeds $1.1 trillion. Relief may be available; the U.S. Department of Education offers a direct consolidation loan

Want to Buy a Home? Student Loans, Lower Wages and Tougher Underwriting Create Bermuda Triangle


You’ve heard it all before. You can’t afford to buy a home without a college education. You wont’t make as much money if you don’t go to college. You’ll never realize your full potential if you don’t get a college

What Co-signers on Private Student Loans Need to Know


Financial and educational experts suggest that students max out federal student loan eligibility before applying for private loans to pay educational expenses. The reason: federal student loansoffer more options for loan repayment, forbearance, deferment, consolidation and cancellation. However, many students

Should You Use a Personal Loan to Start or Grow Your Small Business?


If you’re starting a new business and need finance to do so, you’re almost certain to be personally liable for that debt, whether it’s a personal loan, small business credit card, or some other form of credit. True, close friends

Fast Cash: Advantages of a Personal Loan


You need cash, and you need it fast. If you don’t have the money on hand, where is the first place you are likely to turn? For many people, the answer is a payday loan or drawing on a Home