College is far from cheap these days, and thatâs true even when you go to an in-state school. The College Board says that, on a national level, students paid an average of $10,230 for tuition and fees for four-year, in-state schools, and that doesnât even include room and board. If you include housing and meals […]
The post How Student Loans Work | Understanding the Basics appeared first on Good Financial Cents®.
Many parents never get around to proactively saving for their childâs college tuition. In fact, even those parents who have set aside money for school often have saved less than $10,000. That amount alone wonât pay for four years of college. According to the College Board , the average tuition, fees, room and board in […]
The post How to Pay for College appeared first on SoFi.
If you owe money on your student loans, you may be wondering what you can do to avoid getting behind on payments or paying on your loans longer than necessary. One common solution to student loan debt is consolidation or refinancing â either to simplify your repayment plan, to save money on interest, or in […]
The post How to Consolidate or Refinance Student Loans appeared first on Good Financial Cents®.
Scholarships are a beautiful thing, helping to turn your dreams of attending college into a reality. But unless youâre a 5-star athlete or an exceptionally gifted scholar, your scholarships and grants arenât likely to cover all of your college expenses. The average student entering college will likely need to take out student loans to help […]
The post How to Apply for Student Loans appeared first on Good Financial Cents®.
While federal student loans are the best place to start when you have to borrow money for college, there are plenty of instances where private student loans can make sense. Maybe you maxed out federal borrowing limits for the year and still need additional money to cover expenses, or perhaps your residency status disqualifies you […]
The post What To Look For In A Private Student Loan appeared first on Good Financial Cents®.
Credit card forgiveness is when some or all of a credit card debt is wiped clean, reducing the borrowerâs obligations and helping them to improve their financial situation. Loan forgiveness works in a similar way, but as you might expect from something that sounds so philanthropic, itâs not quite that simple. Credit card companies are […]
All you Need to Know About Credit Card Debt Forgiveness is a post from Pocket Your Dollars.
If you feel that your credit score doesnât tell your whole financial story, youâre not alone. Many people feel frustrated by their inability to get good loan refinancing rates based solely on their credit score. The people at Earnest understand that. Their goal is to help you get a good rate to refinance your student […]
The post Earnest Review | Student Loan Refinancing appeared first on Good Financial Cents®.
With interest rates steadily climbing since after the recession of 2007, it’s important to be aware of what is a good interest rate when you’re planning on financing, whether it’s for a car, a home or your education. Take a closer look at what’s happening with interest rates in 2019 below and how you can… Read More
The post What Is a Good Interest Rate? appeared first on Credit.com.
Debt is a messy business and debt payoff strategies can be just as messy. If youâre not careful, these strategies can do untold damage to your credit score, drastically reduce your cash flow, and make life very difficult for you. It could take years to recover and, in some cases, you may be worse off […]
How Not to Pay off Debt: Dangerous Strategies to Avoid is a post from Pocket Your Dollars.
The possibility of student loan forgiveness is on the horizon, so should you stop making payments on your own loans? That depends, but letâs take a look at where we stand so far: On the campaign trail, then-candidate Joe Biden promised to wipe out at least $10,000 for student loan borrowers. Now that heâs president, [â¦]
This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.