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5 Reasons to Refinance Your Student Loans

College graduates have a lot on items on their “to do” list; resumes, job interviews and perhaps finding a new place to live.  You may also want to consider refinancing your student loans. Reason 1: Simplify Your Repayments Allison Kade of The Street says that “One of the biggest reasons is to simplify your repayments: When you consolidate, you go from having a bunch of separate loans to one monthly bill.” It’s not unusual for grads to have 8 or more student loans, which is a lot of separate bills to remember. Consolidation and refinancing greatly simplifies repayments. […]

By |December 3rd, 2013|Student Loans|0 Comments

How Can I Pay for College?

The cost of higher education is an enormous factor to consider for anyone thinking about attending college.  With ever-rising tuition costs and a troubled economy, going to school can seem like a risky investment.  Even if you’ve been unable to save for college, there are options that might reduce or eliminate debt after school. […]

By |December 2nd, 2013|Pay Off Student Loans|0 Comments

6 Best Private Student Loan Companies For 2013-2014 School Year

1. CU Student Loans Consolidation The EdSucceed Private Student Loan Consolidation that is being given by cu consists of many of the benefits offered by the other companies. These benefits are such as a repayment program of 15 years, an interest only option of 4 years and 12 consecutive on time co-signer release. Some of the requirements are such as a salary of $2,000 monthly and income for the co-signer that can be verified. […]

By |November 30th, 2013|Student Loans|0 Comments

Best Way To Avoid Student Loan Default

Do we really have to say it? The best way to avoid student loan default is to pay the loan off. But how to plan for it? So how can you avoid a student loan default from the onset?   Understand Your Needs and Your Loan Figure out exactly how much you are going to need. Include whatever you can’t cover yourself by whatever income you have coming in; then borrow no more than that amount. Do not accept a higher amount offered; it tends to get you in trouble. Then look at your loan documents carefully and make the best choice for you. This is a legal document that you have to live up to for some time. Understand the refinance options, the monthly payment, the rate, and when the repayment plan starts. […]

By |November 28th, 2013|Default|0 Comments

7 Questions to Ask Before Refinancing Your Student Loans

Student loan debt is usually a major portion of the graduate’s financial obligations and refinancing can be a smart money saving option.  Unfortunately, many financial institutions are no longer offering student loan refinancing, meaning the student will have to do some research to find a lender. The first step in the research should be answering some basic questions about refinancing. […]

By |November 26th, 2013|Student Loans|0 Comments

Does Welfare Pay for College?

One of the most common pieces of advice offered to college students today is to seek out as much financial aid as possible.  Unfortunately, in many cases, student aid packages are still not enough to cover the full cost of tuition, and many are forced to borrow money.  When this happens, some students begin to wonder if welfare or other public assistance programs will help pay for college. […]

By |November 25th, 2013|Pay Off Student Loans|0 Comments

5 Things to Know About the Mohela Student Loan Transfer

What is Mohela? This is a servicer contracted by the Education Department. Mohela is in the servicers approved list on the website of Federal Student. They have been provided the servicing of student loans and closely working with the students and their families for more than thirty years. […]

By |November 23rd, 2013|Student Loans|0 Comments

Seven Ways to Get Student Loan Help

Student Loan Ombudsman Ombudsman=someone who is on your side trying to help with whatever problems you may have; a complaint or grievance person who, with some special training and knowledge, can get to the heart of the matter and help.For student loans, the ombudsman’s web site is incorporated into the Studentaid.gov website.  Borrowers can submit problems online. The toll-free phone number is 877-557-2575 and the fax number is 202-275-0549; the mail address is U.S. Department of Education, FSA Ombudsman, 830 First Street, N.E., Washington, D.C. 20202-5144. […]

By |November 21st, 2013|Student Loans|0 Comments

5 Banks to Refinance Your Student Loans

Recent college graduates may find themselves facing a two pronged problem; a soft job market and looming student loan repayments. Refinancing student loans is one method of managing student loans and can often result in lower monthly payments. Janet Stauble writing at Bankrate.com offers a quick and practical list of some of the does and don’ts of refinancing along with some ideas for refinancing. […]

By |November 19th, 2013|Student Loans|0 Comments

5 Ways to Pay for College

Aspiring students know that a college education is considered valuable in business, but getting a degree can cost tens of thousands of dollars – money most young adults do not have.  Before blindly signing off on a complicated loan or deciding to forgo college altogether, investigate your options.  There is a variety of ways to get money for school, including loans, scholarships, and other methods you may not have considered. […]

By |November 18th, 2013|Scholorships|0 Comments