The Latest Debt & Finance Blog
If you are paying on a federal student loan, you probably already know that the government CARES Act has provided benefits that suspends payment and interest requirements through December 31.…
Americans with student loan debt have a $1.6 trillion question on their minds: What would President Trump or a President Biden do about all that money these 45 million borrowers…
The gap between the presidential candidates on tax programs is Grand Canyon-esque. And that may understate it. President Donald Trump wants to continue the 2017 tax cut, which his campaign…
There hasn’t been much good economic news in 2020, but if you’re buried in student loans, there was an astoundingly positive development recently. Thanks to a recent court ruling, you…
The COVID-19 pandemic has created record unemployment, erased profit margins, closed businesses and wreaked havoc on almost every family’s money outlook. It has even affected America’s ultimate get-out-of-jail financial symbol…
Veterans indebted to the Department of Veterans Affairs won a partial payment reprieve this summer that will last at least through the end of 2020. The VA action extends a…
Many American businesses are disregarding President Trump’s order allowing them to temporarily stop withholding Social Security taxes from their employees’ paychecks. The plan, they say, is confusing and won’t produce…
If you’re considering a consolidation loan to sweep away credit card debt and lower your monthly interest payments, do it! There couldn’t be a better time. All you need is…
If you are unemployed and your job prospects are grim, March 11th was probably one of the better days you’ve had during the pandemic. That was the day federal unemployment…
Dorothy surely wasn’t thinking of life in a COVID-19 pandemic when she clicked those heels in the “Wizard of Oz” and opined that ‘there’s no place like home.’ But her…
Sources:
- Lake, R. (2020, September 25) How to pay off your student loans before payments resume. Retrieved from https://www.foxbusiness.com/money/pay-off-student-loans-before-payments-resume
- Herrera, I. (2020, September 22) Do you have federal student loans? The government is offering payment relief until Dec. 31 for those who qualify. Retrieved from https://www.ksat.com/money/2020/09/22/do-you-have-federal-student-loans-the-government-is-offering-payment-relief-until-dec-31-for-those-who-qualify/
- Farrington, R. (2020, September 23) Is Now The Best Time To Refinance Private Student Loans? Retrieved from https://www.forbes.com/sites/robertfarrington/2020/09/23/is-now-the-best-time-to-refinance-private-student-loans/
- N.A. (2019, October 21) Would Paying off Student Loans Improve my Credit Score? Retrieved from https://www.transunion.com/blog/credit-advice/would-paying-off-student-loans-improve-m-credit-score
- Hess, A. (2019, May 23) College grads expect to pay off student debt in 6 years—this is how long it will actually take. Retrieved from https://www.cnbc.com/2019/05/23/cengage-how-long-it-takes-college-grads-to-pay-off-student-debt.html
- Tretina, K. (2019, September 19) Student Loan Deferment and Forbearance: How to Pause Your Payments. Retrieved from https://studentloanhero.com/featured/student-loan-forbearance-and-deferment-repayment/
- Nykiel, T. (2020, July 7) 3 Ways to Lower Your Student Loan Interest Rate. Retrieved from https://www.nerdwallet.com/article/loans/student-loans/how-to-lower-student-loan-interest-rate