Away from home, perhaps from a foreign country, many students often find themselves detached from familiar territory and the resources they once depended on. Being on your own and in a new place is one of the main reasons college life is so exciting and fun. However, when you are out of money and there is nowhere to turn it can become distressing very quickly. This is when fast student loans can come in quite handy and save the day as well as a students peace of mind. Continue reading »
There was a lot of going back and forth by Politicians last fall when the new student loan bill was passed. While the headlines that said ‘student loan bill goes to President‘ sounded good, lurking in this bill are some bad things for new students. Here’s a few things to watch out for when you apply for student aid beginning in the new year. Continue reading »
Ask any high school senior what their credit score is and they will reply with a Huh? This response should not be too surprising. Most high school seniors are too busy for trivial things such as credit scores and student loans. Then the flags go up when they find out that due to their poor credit scores they cannot get a standard student loan. This is the point where most students begin to get discouraged. Continue reading »
Is loan insurance really necessary? All loans come with an inherent risk factor. Unsecured loans when defaulted can end in lawsuits and massive penalties, secured loans when in default can end in loss of personal property. All types of loans have a direct effect on your credit report and therefore any type of default will result in a lowering of your credit score and thus your chances of ever getting a loan again, at least not without extreme effort. Continue reading »