8 Tips for Talking About Money With Your Significant Other

About the author: Margaret is a recent college grad who writes at love God, not money about how she and her boyfriend are saving up money to get married, pay off student loan debt and head to seminary. Money is one of those things you’re not supposed to mention in polite [more...]

Date: 2008-11-25 18:00:44

Blog posts (27) | Videos (32)
 

After Debt?

I noticed a lot of people are very focused on getting out of debt ... I had a concentrated goal.  Pay off student loan!!!  How is life “after debt?” [more...]

Date: 2008-09-11 13:30:45

Pocket Profile: Frugal Babe

This week we spoke with Frugal Babe, who started a blog to chronicle her family’s path out of debt after starting a health insurance agency with her ... more in rent. Student Loan Debt: None! Top percentile. Credit Card Debt: None! Top percentile ... calculators to figure out how long it will take us to pay it off. The Bigger Picture: Tell [more...]

Date: 2009-01-08 16:49:31

Dear House, I Want You. Love, Craig

Remember that house I told you about a while back when I regaled you with the story of my bottle of Tanqueray? Well to sum up, I couldn’t afford it. The mortgage guy told me that I had too much debt (student and car loans). He advised me to take almost my entire savings and pay off my car loan, which I did, and it was one of the hardest things [more...]

Date: 2009-01-15 17:02:52

Helping Polly

I just thought of my answer to Fix Polly, a case study from Gail:Polly is 25 and single. She has almost $80,000 in debt, $60,000 of which is student loans. The rest is credit card debt ... . Polly can’t decide what to pay off next. She has contacted her credit card companies and cannot [more...]

Date: 2008-12-28 15:02:42

Goal # 1 Complete

I love setting easy goals. I can already scratch No. 1 off of my 2009 Financial Goals list – Pay off my student loan. I set my budget several months ahead, so January’s budget was devoted to paying off this debt. On Friday I scheduled one final payment for the balance of the loan, almost 10 years after I graduated [more...]

Date: 2009-01-11 15:55:00

Time to Stop Earmarks!

December 17, 2008 Filed under Economy, National Politics Tags: Economy, No More Taxes! ... from paycheck to paycheck wondering how I am going to pay my rent or student loan debt [more...]

Date: 2008-12-17 05:00:06

Debt Consolidation with Free Government Grants? One Scam to Avoid

Have you ever seen a commercial or an ad promising “free government grant money? ... can be used for anything, including debt consolidation , student loans, a yacht or just about any ... s doubtful that you’ll find an organization that’s interested in helping you pay off your Mastercard bill [more...]

Date: 2009-01-14 13:23:22

Are You Experiencing Credit Card Woes?

With rising expenses all around, millions of American households are faced with the realization that they owe more than they can pay.  No matter who you owe money to, whether it be store or credit card debt, medical bills ... of your debt in credit or medical bills, not student loans? You can allot $125-$200 a month towards [more...]

Date: 2008-08-23 04:03:15

Tell All Tuesday - Everything’s The Same And Everything Changes

Since we paid off my spouse’s student loan this month, everything else just got the minimum treatment last week.  This week, we haven’t done anything towards paying off debt as far as paying money out directly ... month. I figured out last week that I’d need about $490 above and beyond the snowballed debt payments [more...]

Date: 2008-10-28 19:16:41

debts to pay

The future for young Americans (18-35 set) does often look and feel bleak in economic terms ... , is up from 2007. That includes credit card debt (52 percent, up from 49 percent), student loans (37 ... their bill (19 percent) or have had their credit revoked, including a repossession or card [more...]

Date: 2008-07-23 19:39:00

Paying for undergrad.

I'm looking at attending Boyce college (SBTS) and then going on to a Reformed seminary for a M.Div ... your student loans. This corresponds to a debt-to-income ratio of 0.7. If you use 15% of your gross monthly ... some financial difficulty.This corresponds to a debt-to-income ratio of 1.1. [more...]

Date: 2008-10-14 19:05:40

I Can’t Pay Sallie Mae - Carlos

I Can’t Pay Sallie Mae - Carlos Posted by as Ask Steve, Bankruptcy, Customer Service, Get Out of Debt, Student Loans, Web If you're new here, ... question. If you have a credit or debt question you’ [more...]

Date: 2009-01-16 00:05:56

Achieving the Goal of Financial Freedom

Every year on my birthday, I set goals for myself for the coming year ... of my outstanding student loans, three weeks ahead of my self-imposed deadline. I carry zero credit card debt, so we can check that off of my list. But I still have my loan from SCI to pay off. However [more...]

Date: 2008-09-07 15:25:39

What Happens When You Default on Your Student Loans?

As the economy tanks and employment skyrockets, the number of former students struggling to pay off their student loans is likely to grow, too.  While failure to repay any debt can have serious consequences, not making payments ... student loans are one of the only forms of debt that cannot be discharged in a claim of bankruptcy [more...]

Date: 2008-12-15 17:38:59

Girl Turns to Prostitution to Pay Off Student Loan Debt

lasvegas09152008.jpg Photo courtesy of .craig We have all read stories of shocking things people have done to get out of debt ... for repayment of her student loan debt.  Some Nevada house of ill-repute has agreed to host the “event ... loan debt.  There are certainly many other reputable alternatives to debt repayment. Charity for Debt [more...]

Date: 2008-09-15 11:00:10

Repaying Your Student Loans

This entry is part 2 of 2 in the series Student LoansStrategies For Paying Back Student Loans “60 percent of 2007 college graduates had student debt, each taking on an average of $22,700 in loans.” —College Board Report “Default rates ... who leave college with a lot of debt.” — EducationSector Student loans are often easy [more...]

Date: 2008-11-18 17:43:48

Want to Consolidate a Student Loan?

Just finished school and now it’s time to start paying on those Student loans fall into two categories. 1 ... consolidation services. A federally funded student loan also cannot be consolidated with credit card debt. If you are considering consolidation of your student loans, gathering the appropriate [more...]

Date: 2009-01-08 02:29:44

Debt Update – 9/28/09

With starting a new job, I only received 3 weeks pay for the month of September, so that put us back a little bit in terms of paying off our car loan. It will definitely be paid off in October though since we only owe 4% on it yet, so that’s good news! Then, I can focus on student loan #1 which is the smaller of my two students loans. The other student loan will probably take 2-3 years if we are aggressive in paying it off. [more...]

Date: 2009-09-28 15:00:02

Online Student Loan Consolidation Methods

By Adam Boulton It is commonplace for students to avail of students loan, considering the increasing expenditure incurred on education ... into one to at least reduce the tension and burden. consolidation debt loan unsecured When so many ... . Generally, students utilize more than one loan programs and eventually end up with paying many [more...]

Date: 2009-01-14 15:30:12

Accepting a down payment

Well I’ve discussed borrowing money from family in times of need, boomeranging home, and finances for a young couple starting out ... they were fortunate to get a $50k gift from a relative to pay off their student loans.  So should ... off debt, take it.  BUT not at the expense of your parents. My roomie will get a paid for wedding [more...]

Date: 2008-11-13 13:00:16

Reflecting On Goals For 2008 and Moving On To 2009

Last year, all the goals I set were based on debt elimination and how much per month we could pay to debt ... s student loan under $5500 (snowball calculator says $5847) I more than met both these goals ... in October, and then paid off our remaining car loan in November.  The only non-mortgage debt we have left [more...]

Date: 2009-01-02 14:25:07

Hard Times for Student Borrowers

Kelly Lynch, a former Columbia College Chicago film and video major, is paying educational loan lender Sallie Mae $600 a month, ... loan lender suspended its student loan consolidation program in April. The policy shift left many ... about 1 percent of his total student loan debt of $60,000. Though Lynch, 21, never received [more...]

Date: 2008-06-30 16:02:42

How To Pay Down $83,306.89 in Student Loans

I have been out of college for about 2.5 years now and made a little bit of progress on my private student loan ... from you) against my private consolidation loan. So the goal is looking at a minimum of $16,800 going ... but not impossible. How are your numbers looking for student loan debt remaining? Private or federal [more...]

Date: 2009-01-07 20:00:00

debt consolidation

As we find ourselves living in the credit crunch of a world, ... purposes - we see people using them to pay off high interest credit card debt and student loans ... t also note that unsecured loans are also available. We have seen that debt consolidation loans [more...]

Date: 2008-12-15 15:17:50

House shines light on student bankruptcy

“Earlier this week the House held a hearing on private student loans and bankruptcy, shedding light for the first time on a rather unknown yet devastating aspect of student debt. Did you know that because of legislation dating back to 1976 under the Higher Education Act private student loans are unable to be discharged through bankruptcy? In other words, feel free to run up the credit card and splurge, but take out loans to pay for education? That’s just reckless. [more...]

Date: 2009-09-29 02:57:21

Does The Economy Make You Want To Pay Off Debt Or Build Up Savings?

Editor’s note:  I set this post to publish yesterday and made the classic “New Year” mistake of setting the date to 2008! ... , and then systematically started debt-killing.  First the credit card, then one student loan, then the car loan.  Now, we’re left with a $10000+ student loan, and a minimum payment of $145 versus [more...]

Date: 2009-01-09 15:08:06

27 Results