Our blog is designed to provide information regarding some of the critical topics those with student loans must be aware of to be able to make educated decisions regarding their future.
The possibility of car repossession haunts many Americans who—for whatever reason–fall behind on their car payments. If you in fear of one day finding your parking spot empty, understanding the process of car repossession can help. The following information is everything you need to know about car repossession and how to avoid it. How Many Payments Before Car…
Continue Reading ->Perkins loans were created for students with extreme financial need and, although they’re no longer available as of September 2017, many borrowers are looking for ways to have them forgiven or discharged. Perkins loan cancellation or discharge exists in a few ways, including Public Service forgiveness. Read on to find out more about Perkins Loan cancellation, including how…
Continue Reading ->If you’re buried in student loan debt and you’re considering buying a car, you may not know where to begin. The following information is everything you need to know if you’re buying a car with student loan debt. How Much Can You Afford to Spend on a Car? Whether or not you have student loan debt—but especially if you…
Continue Reading ->Millions of Americans default on their student loans because they simply cannot afford the monthly payment. Although it more commonly occurs with federal student loans, private student loan default happens too. If your private student loans are in default, or you fear that they soon will be, there are steps you can take to remedy the situation. Student…
Continue Reading ->Following a trend toward more rigorous consumer information protection, a number of companies are now offering Dark Web monitoring to help prevent identity theft. This includes Experian, who currently offers a one-time free Dark Web scan. Experian is leading the way when it comes to Dark Web monitoring with their “Experian Dark Web Scan”. But what is the…
Continue Reading ->Your credit score is not the only number you should concern yourself with when it comes to your financial health. Your debt-to-income (DTI) ratio is arguably just as valuable. It compares your monthly debt to your monthly income. Lenders use your DTI to determine whether you can handle additional debt like student loans or a mortgage. Unlike your…
Continue Reading ->When you feel like your student loan debt keeps piling up and you can’t get ahead, remember that student loan help is never far away. You can get help with student loans that will eliminate your debt completely or lower your payments. Below you’ll find a list of free and paid resources and the five steps you need…
Continue Reading ->What happens if your school lies to you? Let’s say its commercials guarantee that 90% of their graduates get jobs, but it turns out that only 20% of graduates actually do. You may qualify for borrower defense to repayment, which means you can apply for a loan cancellation and seek a refund for the amount you already paid. …
Continue Reading ->If you have a lot of student loan debt, you may have considered refinancing to save money. It can be hard to navigate all of your refinancing options, especially with the recent increase in online-only refinancing companies. Luckily, several private companies try to make the process a little easier. One such company is Student Loan Hero. Student Loan Hero…
Continue Reading ->For many students, grant money, scholarships, and savings are not enough to cover tuition and housing costs. Loans help pick up the difference. Your best student loan options come from the federal government, but sometimes those loans will not be enough to cover your education costs. When that is the case, most students must turn to private student…
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