Student loans can help you pay for your education when you aren’t able to pay for it all on your own. But just like any loan, they come with an interest rate that ultimately determines how much money you’ll pay over the life of your loan. FYI: On December 22, 2021, the U.S. Department of
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Getting ready to continue your education after high school is exciting, but it’s the rare student – or parent or guardian of a student – who isn’t stressed over how to pay for college. Even if you’ve already applied for grants and scholarships and you’ve filled out the Free Application for Federal Student Aid (FAFSA®),
You’ve been accepted into college and you’re excited about it! But now you have to figure out how to pay for it and you’re a little less excited about that. You’re not alone. Most new students face the burden of college prices and may not be all that sure about what to do next. We
While your higher education was invaluable, the residual student loan debt may feel overwhelming, haunting you like a ghost. Many student loan borrowers look for creative solutions to banish their debt – but it isn’t always easy. Student loans eat into your budget and incur interest throughout a loan’s lifetime. And if you can’t pay
Your education is precious and will help prepare you for a career. And whether you’re an undergraduate student, a graduate student or you’re pursuing a certification or license, higher education isn’t always affordable. Enter student loans. Think of them as superheroes that swoop in and help you pay for your education. There are two primary
Debt can be a confusing part of life, especially when your options to pay it off sound similar but are totally different. Settled in full and paid in full are two debt repayment options. In both cases, your balance decreases to zero, and your account is closed. But each option has a different impact on
Whether you’ve been rejected in love – or loans – you’re in good company. Speaking from personal experience, it’s not fun, but people face rejection every day. If you want to show rejection that it’s not the boss of you, we’ve got a pro tip: dust yourself off and try again! Don’t be discouraged. Getting
You make it out into the real world – and all of the sudden – it dawns on you that you’ve got adult bills to pay, and the student loan debt you racked up in school is looming over your head like a dark cloud. Depending on how much debt you accumulated, your starting salary
Personal loans are flexible. ??♂️ They can be used to pay for just about anything. Technically, you could get a personal loan and go on a self-care spending spree or invest it in the latest trendy stock – but we’ve got a couple of better ideas. Personal loans are best used to pay for emergency
Being self-employed looks different for different people. There’s the hustle, the entrepreneurial leap, the layoff rebound, the career makeover and more. No matter why you’re self-employed – or what that even looks like for you – you’re probably working hard to juggle multiple responsibilities. But, even when things couldn’t be better financially, dips in income
To qualify for a personal loan, most lenders are looking for borrowers with credit scores in the neighborhood of 670. That doesn’t mean you can’t qualify with a lower credit score, but it may affect how much you can borrow and the interest rate you’ll be charged. To make sure you’re getting the most value
Who hasn’t needed a little extra cash now and again? If you need more money than your credit card limit offers and don’t want to dip into your savings or take money out of an investment or retirement account, a personal loan might do the trick! A personal loan is money you borrow from a
Whether it’s credit card debt or any other kind of debt, dealing with multiple payments every month can be frustrating. Consider uncomplicating your life by rolling all your debt into a single monthly payment with a personal loan. Debt consolidation is one of the most popular reasons why people get personal loans. But before you
Thinking of renovating or remodeling your home? You’re in good company. More people than ever are choosing to stay put, investing their time, money and effort into home improvements instead of selling. One of the biggest reasons is hypercompetitive housing markets, which are increasing property values across much of the country. And if you can
Are you carrying a lot of credit card debt? Do you die a little on the inside every time one of your credit card payments is due? Are you tired of making payments and feeling like your balance hasn’t budged? You’re not alone. The typical American has about $5,315 in credit card debt, and the
Did you recently have an unexpected expense pop up? Are you unsure about how you’re going to pay for it? No matter how well we plan our lives out, sometimes we find ourselves in financial pickles that leave us strapped for cash. Don’t sweat it too much, though. You definitely have a few options available
One reason why debt can feel overwhelming is that there seems to be so much of it. Like a crowded closet, we recoil at the chaos and try to pretend that it doesn’t exist. But debt, like clutter, will catch up with us eventually. To face our debt, we must face our fears, embrace our
Here’s a loose definition of a payday loan: It’s a way to use your upcoming paycheck to borrow money when you NEED cash – and you need it fast. It’s a relatively small loan (no bigger than your paycheck), but it comes with a HUGE interest rate and a small window of time to repay
Things are changing fast when it comes to how we buy cars and what we want in them. One thing that hasn’t changed? The importance of knowing how to get a car loan that doesn’t speed off with all your money. Car Loan Basics: What They Are and How They Work When you need a
Buying a car can be an exhilarating experience, especially if it’s your first car, first new car or the first car you’re buying without help from your family. Unless you can buy your car with cash, you’ll probably need an auto loan. Before any auto lender decides to give you a car loan, they’re going