Parent PLUS Loan Borrowers Can Be Eligible for Forgiveness
Are Parent PLUS Loans eligible for Public Service Loan Forgiveness (PSLF)? They can be if certain criteria are met. It gets a little complicated.
Loans
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There Could Be Serious Repercussions for Not Paying Student Loans
Student loans can a financial burden. People might wonder what would happen if they don’t pay their student loans? There could be repercussions.
How Much Will Mortgage Payments Go Up With the Fed Rate Hike?
The Federal Reserve is poised to increase interest rates by a prominent margin. Here’s how a rate hike will impact the cost of your mortgage.
When Is a Good Time to Refinance Your Mortgage?
Lower mortgage rates can inspire some homeowners to refinance. With mortgage rates increasing, when is a good time to refinance? Let's discuss.
Student Loan Debt Cancelation Sounds Great, but At What Cost?
Student loan debt is an issue for many Americans, and canceling debt has been requested by many. What are the pros and cons of canceling student loan debt?
Student Loan Forgiveness: Update on Where the U.S. Stands
President Biden has brought the issue of student loan forgiveness to the forefront. Where does the U.S. stand currently and what can people expect?
When Does Private Mortgage Insurance Go Away for Homeowners?
PMI (private mortgage insurance) is an added payment required if someone is making a smaller down payment. Once a certain balance is reached on a mortgage, you can remove the PMI.
Don't Get Caught With the National Student Loan Center Scam
National student loan center scams have been prevalent throughout the years, targeting many student loan borrowers. How can you avoid these scams?
Layoffs Plague the Mortgage Industry Nationwide, Interest Rates Rise
Since the Fed has raised interest rates, the number of mortgage refinance applications has declined, which led a number of mortgage companies to cut employees.
Cosigning Can Hurt Your Credit, but It Can Also Help
Cosigning a loan or credit card can hurt or help your credit score, depending on how the person you signed for behaves.
How to Get a Lower Monthly Mortgage Payment
Do you want to decrease your monthly mortgage payment? Here’s how to go about it.
How to Apply for Student Loan Forgiveness in 2022
Some alumni can get their student loans forgiven. Here's an update on the criteria and how to apply for student loan forgiveness in 2022.
Biden Set to Extend Student Loan Pause Through August 2022
The Biden administration will issue another extension on the student loan pause. Get the latest details on the moratorium and whether student loan cancelation is on the table.
Looking for Scholarships to Pay Student Loans? Check Out Grants Instead
Can you use scholarships to pay off student loans? It’s not likely, one CPA says, but various grants are available to student loan debtors.
Why It's Important Not to Default on Your Student Loans
A default is the last thing a person wants to see their loans. What happens to a person's account if they default on their student loans?
You Don't Have to Work at All These Fast Food Restaurants to Apply for a Scholarship
Your favorite fast food restaurants like Taco Bell and Chick-fil-A are giving back by offering scholarships to college students — here are the best and how to apply.
Most Expensive Colleges in the World: Here's What You'll Pay in 2022
What do the most expensive colleges in the world look like and what do they have to offer? What makes them so expensive? Here are the seven most expensive colleges.
Bright Lending Accused of Predatory Loan Practices in Class Action Suit
Loan company Bright Lending has received numerous complaints for the way they do business. Now, they're getting hit with a lawsuit.
Tips to Manage and Reduce the Total Loan Cost on a FAFSA Loan
Managing FAFSA loans after college can be a tricky thing, especially after the grace period ends. How can a graduate reduce loan costs?
Need to Buy a Car? See If Your Credit Score Meets Loan Requirements
If you're thinking about buying a car and applying for a loan, what credit score is needed? See what lenders require and why your credit score is important.
Student Loan Interest Rates — What to Expect When the Repayment Pause Ends
Will student loan interest rates increase when the repayment pause ends? Let's see how the Fed's interest rate hikes could impact student loans.
Should You Get a Loan or Line of Credit? Here’s How To Choose
To get money, borrowers have various options, and some may be weighing the benefits of loans vs. lines of credit. Which is better for you?
Bogged Down by Student Debt? Here’s How To Tackle It
Student debt can be tedious to pay off. However, some strategies can make it easier. Here are the best ways to pay off student loans.
Education Department Says 100,000 Student Loan Borrowers Now Eligible for Debt Relief
Debt relief for student loans is now possible for 100,000 borrowers because of PSLF updates, the Department of Education announced on March 9.
Do Any Student Loans Go Directly to the Student? — Yes, and Here's How They Work
There are student loans availble that go directly to the student. Direct-to-consumer loan are an option but they come with their own stipulations.
USDA Loan Requirements, Benefits, and Loan Types, Explained
Along with overseeing farming and forestry industries, the USDA also provides loan assistance to people in need. What are the USDA loan requirements?
Pros and Cons of Getting a Personal Loan to Pay Off Debt
Personal loans are a way to consolidate your debts into one debt with a single monthly payment. The loans can be an effective way to pay off debt faster.
VA Loans: Get a Mortgage With No Down Payment, Low Interest Rate
A VA loan helps veterans afford mortgages with no down payment. How much home can you afford with a VA loan? Here's how to break down the numbers.
Reverse Mortgage — Pros and Cons of Cashing In on Home Equity
A reverse mortgage can be a way to cash in on the equity of your home. What are the pros and cons to consider before taking out a reverse mortgage?
Filing for Bankruptcy on Private Student Loans — Pros and Cons
Filing for bankruptcy might be a way to help get rid of private student loans. However, it's hard to prove that loans will cause undue hardship. There are other options.
Getting Rid of Student Loans Without Actually Paying Is Hard, but Not Impossible
Student loans are unavoidable for some. However, there are a instances where you don't have to pay them back.
Do You Have Student Loan Debt? Tips for Getting Mortgage Approval
Knowing how student loan debt affects getting a mortgage is a crucial aspect for prospective homebuyers. Can student loan debt affect getting a mortgage?
The American Rescue Plan Made Student Loan Forgiveness a Lot Less “Taxing”
Do you pay taxes on forgiven student loans? Find out how the American Rescue Plan changed the taxation of student-loan forgiveness.
Why Were Credit Scores Created? How People Used to Get Loans
In the past, when people wanted to take out a loan for personal expenses like a home or a car, how did they get approved? Why were credit scores created?
Navient Will Cancel $1.7 Billion of Student Loan Debt
Navient is one the top student loan lenders in the U.S. After a recent class action lawsuit, the lender will forgive thousands of student loans.
Paid Off Your Student Loans? Time to Focus on Other Financial Goals
What should you do after paying off student loans? Learn about what you can do with the extra money, and how your credit score might change.
Financial Podcasts for Women, by Women: ‘HerMoney,’ ‘So Money,’ & More
Looking for the top financial podcasts run by women? Get recommendations for female-focused finance podcasts from listeners around the web.
When Paying Off Student Loans While in College Could Be a Good Idea
Should you pay off your student loans while in college? Or should you wait until after you've graduated?
10 Student Loan Scams to Avoid As We Enter the New Year
Avoid these 10 student loans scams online criminals are using to gain personal information from people who can't afford to repay their student loans.
The Student Loan Payment Pause Is Temporary but Consolidation May Be a Permanent Solution
Although Joe Biden has extended the pause on student loan payments, it may not happen again. Is consolidation the best option?
How to Pause Student Loans After Biden Extends Repayment Relief
Many borrowers want to know how to pause student loans after Biden extended the repayment relief. Other people want to keep paying on their loans.
As the Pandemic Drags On, Many Wonder if Student Loans Will Ever Go Away
Many politicians are pushing to have student loans forgiven, though many government officials have yet to show support of the idea.
Watch Out For Mia Torres Student Loan Scam Calls
Mia Torres phone calls claiming to offer student loan forgiveness are scams. Here's how to avoid scammers, whether by phone, email, text message, or social media.
AOC Has Student Loan Debt—Why She's Pushing for Loan Forgiveness
Progressive Alexandria Ocasio-Cortez wants to move forward with student loan debt forgiveness. Here's how much she has and her goals as a New York Representative.
What Happens If You Default on Federal Student Loans?
As borrowers prepare for federal student loan forbearance to end in January 2022, they need to know the consequences of loan default and how to avoid it.
What Happens When You Transfer the Balance on Credit Cards?
You just received a credit card offer with zero percent APR on balance transfers. What happens when you transfer a balance on credit cards?
Will Biden Forgive Student Loans? Costs and Economic Impact, Explained
Will President Joe Biden forgive student loans. What would the economic costs and benefits be if he forgives the loans?
Why Are Car Dealerships Closed on Sundays?
In New Jersey, you'll be hard pressed to buy a car on the last day of the week. Why are car dealerships closed on Sundays?
When Do Student Loans Show Up on Your Credit Report?
Students should consider several factors carefully when taking out loans, especially their effect on credit. When do student loans show up on your credit report?
Student Loan Forgiveness Scams: What Alumni Should Watch For
As an overhaul of the student loan forgiveness policy is underway, scams are targeting debt-bearing alumni. Here's what to watch for.