You hear a lot about your credit score being a strong factor behind your eligibility for credit cards, car loans or mortgages, but do you know how the Fair Isaac Corp., the company that calculates your FICO credit score, determines this number? Here are the basics: Read -Do I Need My Plus Score or Just […]
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Editor’s note: For the most current information about the Home Affordable Refinance Program (HARP) visit MakingHomeAffordable.gov. If you are a homeowner in good standing with your mortgage, but you can’t seem to get refinancing because your home has lost equity in this declining economy, you might instead qualify to refinance your mortgage to something more
Is The Making Home Affordable Program Right For You? Read More »
Editor’s note: Please visit the Making Home Affordable website (link at the end of this article) for the most current information about this program. Under President Obama’s “Making Home Affordable” loan modification program, owners who are in risk of losing their home or are on the verge of not being able to make their monthly
6 Steps to Determine If You Qualify for the Making Home Affordable Program Read More »
In this tough economy, an increasing number of college graduates (and college drop-outs) are falling behind on their student loans. According to the Department of Education, federal student loan defaults are up to 6.9% in 2009, well above their year-ago level of 5.2%. For those carrying private loans, defaults hit 3.37% in 2008 versus 1.47%
How to Fix Defaulted Student Loans Read More »
You can consolidate your student loans into one payment in an effort to reduce your monthly payments. Before you can consolidate, you have to bring your loan(s) out of default status, if any are in default. You do this by making just three monthly payments — on time, and in any amount that you and
Student Loan Consolidation Vs. Rehabilitation Read More »
If you default on a federal student loan, the government has a right to garnish your wages in order to obtain payment. The good news is that you can appeal a wage garnishment and request a hearing on the matter in order to demonstrate why it is that you can’t afford the payments and wage
How to Appeal a Wage Garnishment for Defaulted Student Loans Read More »
Anyone with student loans receives lots of offers in the mail from lenders seeking to consolidate your student loans. To learn more about this option, read below for my last tip in a series of “Seven Smart Ways to Pay Off Student Loans Fast.” Read also Tip #1, Tip #2, Tip #3, Tip #4, Tip
Pay Off Student Loans Fast: Consolidate Them Read More »
By Lynnette Khalfani-Cox, The Money Coach Did you know that you could negotiate loan rates and terms on any new federal student loans? To learn more, read below for my Tip #6 in a series of “Seven Smart Ways to Pay Off Student Loans Fast.” Read also Tip #1, Tip #2, Tip #3, Tip #4,
How to Negotiate Your Student Loan Payment Read More »
A host of working professionals and volunteers can have their loans forgiven or outright canceled. To learn more, read below for my Tip #5 in a series of “Seven Smart Ways to Pay Off Student Loans Fast.” A new tip is presented each day for seven days. Read also Tip #1, Tip #2, Tip #3
Pay Off Student Loans Fast: Volunteer, Teach, or Serve the Sick Read More »
Most people think only students who are enrolled in school can get deferments on their student loans. Nothing could be farther from the truth. There are a variety of reasons those with loans can defer or cancel their payments. To learn more, read below for my Tip #4 in a series of “Seven Smart Ways
More Smart Ways to Pay Off Student Loans Fast: Get Forbearance Approval Read More »
Who better to forgive your student loan than the lender? Just as Mom and Dad sometimes forgive portions of a loan to you, the same can be said for the Federal government, which issues more than 10 million student loans a year. To find out how to get the Federal government to pay off your
Smart Ways to Pay Off Student Loans Fast — Get Uncle Sam to Pay It. Read More »
You obtained that college degree for a reason: To get a decent-paying job. That job just might pay off your student loans in a way you haven’t before considered. To find out how, read below for my Tip #2 in a series of “Seven Smart Ways to Pay Off Student Loans Fast.” A new tip
More Ways to Pay Off Student Loans Fast — Have Your Boss Do It. Read More »
About 70% of today’s four-year college graduates have student loans to repay. The typical recent grad has roughly $35,000 in student loans, according to data from Edvisors. While it often takes borrowers 10 to 15 years or more to pay off college debt, it doesn’t always have to take that long. There are several different
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If you’re a woman or an ethnic minority looking for more resources for your small business, additional help is available for minority-owned or women-owned businesses from any of the SBA’s small business counseling and training partners, including: SCORE SCORE stands for the Service Corps of Retired Executives. There are more than 10,500 SCORE volunteers in
Additional Help for Minority and Women-Owned Businesses Read More »
A Woman-owned Business Enterprise (WBE) is a business that is at least 51% owned, operated and controlled by a woman or women who are U.S. citizens or legal Resident Aliens. The primary place to get certified as a woman-owned business is the Women’s Business Enterprise National Council. The WBENC is the country’s leading third-party certifier
Tips for Getting Certified as a Woman-Owned Business Read More »
