Teenage years offer some of the first opportunities to learn about finances. A strong and positive experience with money early on can set a person up for a lifetime of fiscal responsibility. Start with financial strategies 101 for teens to make … Read More »
For many borrowers, student loans are the first opportunity they have to start building credit. This helps shape the way lenders will see them in the future. Therefore it is imperative to handle student loan repayment responsibly. As a result, … Read More »
Student loans are a fact of life for most graduates these days. Many borrowers see a light at the end of the tunnel in the form of student loan forgiveness. This is a good option for those who qualify for … Read More »
After graduation, many people find themselves with multiple Federal education loans to pay off. Some consider consolidating student loans. This makes repayment easier by combining the existing debt into a single loan. Then, borrowers only have to make a single … Read More »
November 1st kicks off the National Scholarship Month referred to by the National Scholarship Providers Association as a time to raise awareness of scholarship opportunities for current and future college students. It is no coincidence that November is also the recommended time … Read More »
Student loan consolidation is one type of repayment option available to borrowers with debt. There are many factors to consider before consolidating loans. Understanding the pros and cons is the first step to determining if consolidation is the right move.
Each month we post a poll asking questions about a particular financial topic. For the month of May, we wanted to understand the level of your student loan knowledge. Of consumers polled, 67% of those who currently have student loans don’t know the … Read More »
As we have seen during Financial Literacy Month, this topic covers a lot of ground. Here is a review of some key terms behind two personal finance areas: student loan repayment and building an emergency fund.
It’s pretty well known by now that student loan debt has surpassed credit card debt in the US. The total amount of student loan debt in the US as of 2014 is $1.2 trillion… a number that has tripled in … Read More »