Student loans are a major factor in students going into debt in order to get a decent education. Student loan consolidation can make the problem worse, as you keep adding loans. Another option is to use your initiative by bootstrapping and creating your own business to pay for your tuition fees. So, you want to…
Most credit cards designed for students were made for college students – but can a high school student get a credit card? The short answer is yes. Long answer would involve a lot of discussion! As teenagers, many move out and get their first jobs, or are otherwise earning income from alimony or babysitting. This…
In discussing family accounts as a way to build credit, it was mentioned that people starting out will usually have student loans as their first credit account, unless they have a family member with a credit history. Do not obtain car loans or credit cards linked to Student loan installments are a tricky area of…
During negotiation, two or more parties discuss some mutually satisfactory terms to resolve a certain issue. Students can also negotiate with their lenders about loans they have difficulty repaying. Loan negotiation may not result in complete elimination of the loan, but the student may get a reduction in the interest rate or a longer repayment…
Student loan debt has become an epidemic of sorts. These loans can be overwhelming and ultimately stressful. Many young people in America are too scared to make the monthly payment on student loans. It can seem impossible to deal with because of the overwhelming balance that doesn’t seem to go anywhere. You are impressionable when…
The biggest advantage of a student loan consolidation program is the conversion and merging of multiple loan payments into one convenient consolidated student loan. When you get these with a reset of terms you get an advantageous position. Consolidation brings with it several benefits like moratorium and lower monthly payments, thereby reducing your loan worries…
For most university students, taking care of credit cards isn’t high on their priority list — after all, students with debt can pay for things with direct debits from their bank accounts, as can their financial aid. Its being done. Guardian. The simple truth of the matter is that most students don’t think about credit…
If you have exams coming up, or just need to do a little homework, you’ll really need to put your head down and get cracking. However, there are many students who do not know how to study effectively. Hopefully these student study tips will be able to help them, use just a few of these,…
It is nearly impossible to discharge student loans in bankruptcy. The legal standard for discharge is “undue hardship,” but the legal code does not define what exactly constitutes undue hardship. So the judges in each district rule on it. They look at the “totality of the circumstances,” which is legal jargon for considering a number…
During negotiation, two or more parties discuss some mutually satisfactory terms to resolve a certain issue. Students can also negotiate with their lenders about loans they have difficulty repaying. Loan negotiation may not result in complete elimination of the loan, but the student may get a reduction in the interest rate or a longer repayment…