College Application

 

I was once on College Confidential’s message boards when I came across a post from a teenager lamenting that her parents didn’t have the money to give her the $50 she needed for a college application.

 

It broke my heart to realize that some families are really so cash-strapped that they can’t even afford college application fees, let alone college tuition.

 

But going to college can often be the best shot that many poor kids have for opportunity and a better chance in life.

 

So when I think about how many students must be in that teen girl’s same position, it’s really distressing — and it should bother all of us. [continue reading…]

car title loans

When you’re living on a fixed income or facing bills you can’t afford to pay, it can be tempting to consider borrowing from places like car title loan companies.

After all, these lenders put cash in your hands in a way that’s convenient, fast and relatively drama-free — at least, at first.

When you get a car title loan, it’s a short-term loan — usually for just one month — that you secure with the title to your vehicle.

Although the majority of title lenders require you to own your car outright, some don’t.

Either way, the lender puts a lien on your car. When you repay the loan, the lien is removed and you get your title back.

 

Sounds easy enough, right?

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