Student Loans: Consolidation

Posted by Jill on November 2, 2010

Student Loan Consolidation is the third post in our Student Loan series. Make sure to check out previous articles on student loan basics and repayment options! After graduation, you might want to consolidate your loans. Consolidation refers to the act of taking out one loan equal to the sum of all your loans (since you […]

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Student Loans: Repayment Options

Posted by Jill on October 26, 2010

This is the second in a series on student loans. Be sure to check out our previous post on the basics of student loans! After graduation, you typically have a 6 month grace period before loan payments are due. Interest does accrue during this period, so if you are a position to make payments earlier […]

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Student Loans: The Basics

Posted by Jill on October 19, 2010

This is the first in a series of posts on student loans. Be sure to check out upcoming posts on repayment options, consolidation, and the effects of extra payments. College costs are increasing at over twice the rate of inflation. At the same time, rising unemployment and falling stock prices could make it difficult for […]

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There’s No Such Thing as Bad Debt

Posted by Madison on September 13, 2010

I can’t remember how many times I’ve heard people classify debts as good debt and bad debt. And the definition is based on what the debt is for. For example, mortgages and student loans are classified as good debt, and auto loans and credit card debt are often classified as bad debt. I don’t agree. […]

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Is a Financial Fast Right For You?

Posted by Jill on July 12, 2010

At the beginning of the new year Washington Post finance columnist Michelle Singletary “invited” her readers to a 21-day financial fast. Singletary introduced the fast at her church years ago, and says that many people have used it to jump-start their “path to prosperity.” I agree that the path to financial freedom starts with commitment […]

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Bill Includes New Student Loan Forgiveness Program

Posted by Amanda on June 23, 2010

Today we’re wrapping up the in-depth look at the health care bill and how it might impact your finances. Today we will cover the new student loan reform included in the health care bill. Student Loan Reform Bill The federal government has officially ended the bank-based system of distributing federally subsidized student loans through the […]

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7 Ways to Fix Your Credit After a Foreclosure

Posted by Jill on January 25, 2010

In 2009, over 3 million homes were forced into foreclosure. High unemployment, adjustable rate mortgages, and tight credit came together to make it simply impossible for many American homeowners to continue making mortgage payments. Foreclosure leaves a big black mark on your credit report, and can drop your credit score by up to 150 points, […]

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Holiday Hangover Cures

Posted by Amanda on December 28, 2009

I had such a wonderful holiday with my family in Pennsylvania. There were airports, bows and wrapping paper, smiles, music, toasts to good fortune and days past, special holiday movies and shows, candy canes, and everything in between. Now that the holidays are officially over, I must admit that I feel a little void where […]

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How to Survive and Thrive During a Recession

Posted by Guest Author on July 27, 2009

This is a guest post by Jonathan. He’s a Australian twenty-something student with a Diploma in Financial Services. The sky has fallen, and a lot of us are in over our heads in debt and worry. But the recession doesn’t have to be a bad thing. Just as a company can emerge from a bankruptcy […]

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Small Business ARC Loan Arbitrage

Posted by Madison on May 19, 2009

The Recovery and Reinvestment Act of 2009 included some terrific financing opportunities for small businesses. The SBA ARC Loan Program offers 0% loans to small businesses for up to five years. The program caught my eye, because it looks like a fantastic arbitrage opportunity! ARC Loan Program The loan program offers loans to small businesses […]

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