Articles tagged 'loans'

Education Loans vs. Retirement Savings

April 10, 2014 - Laura - 0 comments

There’s an ongoing debate parents often face that has very little to do with political preferences — deciding whether to pay for a child’s college education and possibly taking a loan in order to do so, or saving that money toward retirement.

Paying Off My Car Loan and Enhancing My Finances

October 7, 2013 - Christen - 0 comments

In a few months I will reach what I consider to be a very important milestone: I will no longer be paying a monthly car note. For many people, paying off a car loan means that it’s time to take out a new loan to purchase another car (or lease one), but for me (and probably some of you reading this) it’s a good time to reflect on what other financial burdens I’ll be able to alleviate.

College Savings: A Student’s Perspective

September 6, 2011 - Stacee - 0 comments

Student loans, private loans, PLUS loans (a loan that eligible parents can apply for to help pay their dependent’s education expenses)... How do you choose the right option for your budget?

Speaking the Language of Loans

September 23, 2010 - Kristin - 1 comment

So you’re not independently wealthy? You don’t have tens or hundreds of thousands of dollars laying around for that flashy new car or home of your own? Welcome to the club — the “I need a loan to make a big purchase” club.

When Borrowing Goes Bad: How to Resolve Debt Issues with a Creditor

August 26, 2010 - Kristin - 0 comments

Your phone won’t stop ringing and you’re having nightmares about the nasally voice of the debt collector. You want to discuss charges you’re seeing on a loan that you have no memory of agreeing to, but the customer service agents just put you on hold until you hang up. Or you paid in full but the bill keeps coming every month with more late charges tacked on.

Payday Loans: A Payday for the Lender

August 17, 2010 - Kristin - 0 comments

The unexpected car repair. The phone bill for texting a little (or a lot) more than you thought you did. The rent that came due before you were ready. We’ve all experienced a financial moment or two we weren’t prepared for and had to think about our options.

Comparing Home Equity Loans and Home Equity Lines of Credit

June 15, 2010 - Kristin - 0 comments
Borrowing against the value of your home can be a great way to gain access to extra money with relatively reasonable terms, and both home equity loans and home equity lines of credit offer this benefit.

Which Debt Should You Pay Off First?

April 28, 2010 - Kristin - 2 comments

We’d all like to be debt-free, but for most of us that would take a very long time and a lot of discipline. But even while we continue to diligently pay the bills each month, we can change the way we pay off each of our different debts.

Help for Homeowners

April 10, 2010 - Kristin - 1 comment

For many of us, owning a home can be a dream come true — and being at risk of losing a home can be a nightmare. But if you find yourself struggling to make mortgage payments for any reason, the worst thing you can do is go back to sleep and ignore the problem.

Before You Sign: How do You Look as a Borrower?

April 5, 2010 - Kristin - 0 comments

As much as we might like to, we can’t just head to the nearest bank with a loan figure in mind and come out with rolls of cash — and that’s the way it should be. Who’s to say what kind of trouble we would get into with no forethought about paying back a loan?