The Latest Debt & Finance Blog
When the bell rings to start a new school year, college students, especially the 70 percent using loans to pay for expenses, need to catch up on a few news…
The phone rang at Michael Hufnagel’s desk nearly every day for three years. Hufnagel is an accountant for a production company in California and phone calls are part of doing…
The Consumer Financial Protection Bureau sent a jolt through the for-profit college industry this week when the federal agency sued ITT Educational Services Inc. for predatory lending practices, saying it…
For most men, the goal of Valentine’s Day has not changed since the holiday was more or less invented by the Romans a few thousand years ago. The Romans called…
I stumbled upon one of those online calculators the other day. It’s the one that shows you how well you’re budgeting money for retirement savings, and it returned some distressing…
There is a family that is famous all over America for maintaining the appearance of wealth for the benefit of others. You know them as the Joneses. They have the…
I took $20 the other night to the only restaurant I eat at – the one that gives half off everything on Tuesdays – and felt confident I had more…
Americans are taking out more loans than ever to pay for college and defaulting on them in record numbers. Politicians, most notably U.S. senators Dick Durbin, D-Ill., Jack Reed, D-R.I.…
Christmas, as you might imagine, is a tough holiday for people like me. The premise of the holiday is no longer about giving or even receiving. It’s about spending. We…
The Consumer Financial Protection Bureau (CFPB) sounded the alarm about online loan services, filing a lawsuit against CashCall Inc., for collecting exorbitant amounts of money the bureau says consumers didn’t…
Sources:
- Andriotis, A. (2014, August 7) Private College Loans Can Be Cheaper Than Federal Loans. Retrieved from http://online.wsj.com/articles/private-college-loans-can-be-cheaper-than-federal-loans-1407430303
- Fry, R. (2014, May 14) Young Adults, Student Debt and Economic Well-Being. Retrieved from http://www.pewsocialtrends.org/2014/05/14/young-adults-student-debt-and-economic-well-being/
- NA, (2014, July 29) MeasureOne Issues Second Private Student Loan Performance Report. Retrieved from http://www.measureone.com/measureone-issues-second-private-student-loan-performance-report