Archive for October, 2009:

Private Student Loans May Soon Be Regulated by the Government After Recent Vote in Congress

{ Posted on Oct 27 2009 by admin }
A recent vote by the House Financial Services Committee has approved the Consumer Financial Protection Agency Act of 2009 (H.R. 3126). The federal Consumer Financial Protection Agency (CFPA) would regulate the nation's financial industries, including that of private student loan ...Read More »

Student Loan Repayment Strategy That Works

{ Posted on Oct 20 2009 by admin }
Taking out student loans while attending school is the easy part; repaying those student loans is the hard part. College graduates learn this lesson rather quickly upon graduation when they begin repaying their student debt incurred while attending college. Some ...Read More »

Student Loans and Delinquencies on the Rise: Can Consolidating Student Loans Help?

{ Posted on Oct 15 2009 by admin }
Equifax recently reported that consumers are increasingly making late payments on just about every type of debt – student loans, car loans, credit cards, mortgages, etc-. They also report that because of the shaky economy, the number of student loans ...Read More »

Be Cautious When Pursuing Private Student Loans

{ Posted on Oct 07 2009 by admin }
Private student loans have always offered students a beneficial way to supplement federal student loans when they just don't quite cover all of the college expenses. In today's economy, however, you must be cautious when deciding on whether to obtain ...Read More »

Don’t Assume Consolidating Student Loans is Always the Best Option

{ Posted on Oct 02 2009 by admin }
Many students and college graduates with student loan debt are under the impression that consolidating student loans will save them money, lower their interest rates and make their student debt easier to manage. While this may be the case a ...Read More »