There’s a pretty big downside to student loan forgiveness: You can get hit with tons of taxes down the road. There are two types of student loan forgiveness offered through the federal government currently: public service forgiveness and loan forgiveness by income-based repayment plans....
As students continue to need loans to pursue higher education, it seems that the terms of loans should come with some sort of translation guide with how confusing they are. When taking out loans, there’s a few questions you should keep in mind beforehand. What is the current federal...
Now, this might not come as a total shock, but taking out a high-interest loan will usually not help any financial issues you may be having. Unfortunately, having a poor credit score can make it so that you only have the option of taking out high-interest loans for items like houses and cars....
Now, this might not come as a total shock, but taking out a high-interest loan will usually not help any financial issues you may be having. Unfortunately, having a poor credit score can make it so that you only have the option of taking out high-interest loans for items like houses and cars....
If you’re taking out a loan, you may need to choose between secured and unsecured. Of course, you’ll need to understand what each means for your finances – and for your ability to qualify. Read on for an explanation from the experts. Image via Flickr/victoryocum1 Continue to original source.
So, you missed a student loan payment – no big deal, right? Actually, it could quickly become a very big deal, with consequences for your financial health for years to come. Read on to learn how your finances are impacted during a loan default. Image via Flickr/Best in Australia Continue to...
A credit union may not be the first type of lender you think about when you’re looking to get an auto loan, but there are more than five thousand federally-insured credit unions operating in the United States, and more than a third of their business is in auto loans. Read on to learn about six...