Student Loan Refinancing: Variable vs Fixed Rate
When student loan borrowers are looking to refinance student loans, they typically come across two options: a fixed rate student loan and a variable rate student loan. Variable rate student loans are the most common when refinancing or consolidating your loans, but fixed rate loans are available.
3 Ways to Handle Student Loan Debt
3 Ways to Handle Student Loan Debt Seven in 10 seniors who graduated from public and nonprofit colleges in 2015 had student loan debt, with an average of $30,100 per borrower. The transition from college to the real world involves significant changes. Not only will you be embarking on your new career, you’ll need to […]
Affording College: What Are My Payment Options?
Affording College: What Are My Payment Options? The cost of attending college has risen drastically over the past two decades. Since 1995, tuition at public universities has risen by over 296 percent, out of state tuition is up 226 percent, and the cost of attending private universities has risen by 179 percent. The sharp increase […]
Millennials Think About Personal Finance Differently
By Dave Rathmanner When it comes to personal finance, millennials aren’t like their parents. In fact, they’re a generation that has very distinct views and behaviors when it comes to their finances. These beliefs sometimes lead them to make decisions that can seem counterproductive, but they also offer proof that millennials are progressive and more […]
3 Benefits of Refinancing Student Loans
So, you finally completed the final step in your master plan. You completed your degree, you’ve walked in front of your friends and family, and now you’re getting that dream job. But you’re haunted by your student loans. Every month they come, demanding to be fed a little piece of your prosperity. If you want […]
Consolidate and Travel the World
Great Vacations Are Possible A student loan can seem like an anchor, and while it’s incredibly tempting to run from your loans, it’s way better to run AND pay off your loans. Long vacations in the sun can be achieved through creative budgeting, refinancing your debt, working abroad, choosing economical locations, or volunteering your time […]
Refinancing student loans can help improve your budget
Refinanced Loans Make for Better Budgets Whether you’re just starting to look for a career after college, or you’ve spent years working a dream job, rethinking the way you’re paying off student loans can make a big difference to your budget. Refinancing student loans can help you manage your budget and make it easier to […]
5 Long-term Benefits of Private Student Loan Consolidation
In the short term, consolidating your student loans privately has obvious benefits — consolidation can help reduce monthly costs and make debt less burdensome. Consider also these five long-term benefits of private student loan consolidation: Save money. Lowering your interest rate with a private student loan consolidation, can lessen your financial strain now. Plus, you […]
6 Questions to Ask Before You Refinance Your Student Loans
Choosing to refinance your student loans can save you money and lower the monthly payments. Still, before signing on for a student loan refinance, there are several questions to ask while exploring your options. 1. How will your interest rate be calculated? Loan providers charge you for the money they are lending using either fixed […]
5 Things Every Commencement Speaker Should Say
Once again it’s college graduation season. Commencement speakers are being announced at a daily pace, many hailing from business and industry, government, health-care and entrepreneurial backgrounds. They all have a great deal to share in making memorable graduations for thousands of students each year. But as Adam Levin of Credit.com highlights in a new essay […]
How to Improve Your Credit Score Over Time
The Main Ways Your Credit Score Can Improve Over Time Your credit report is one of the defining numbers of your adult life. For instance, it is one of the key factors in determining your interest rate and loan terms when you try to refinance student loans. This means your credit score can potentially make […]
