Are there any disadvantages to getting a consolidation loan?

YES, there could be. Consolidation is used as a debt management tool and is ideal for those who are having difficulty making their monthly payments ... market at the wrong time. If you happen to consolidate your federal loans when the interest rate is high than you are stuck with that rate. You can not consolidate your loans again at a later date [more...]

Date: 2008-12-29 21:46:40

Blog posts (9) | Videos (10)
 

Passin’ the Buck

My morning ritual combines breakfast and channel surfing, to get a flavor of what we used to call the “mass media” considers newsworthy ... administrators of the federal student loan program. ASA has put forth a proposal for federal student loan reform ... is on the up and up, interest rates are high, repayment options are limited, and students face the [more...]

Date: 2009-01-13 14:15:10

100% Federal VA loans - No Down Payment

100% Federal VA loans - No Down Payment Author: fchamberlin // Category: Down Payment Assistance, Eugene Oregon, Florence Orgon, Interest Rates, ... our families and our nation, as well as giving them a form of financing that will allow real estate ... duty. If you are unfamiliar with the program, there are several advantages to using VA’s Home Loan [more...]

Date: 2008-12-31 00:28:52

A Cause for Celebration

To celebrate Independence Day, Higher Ed Watch will be going on hiatus next week ... that have occurred in the Federal Family Education Loan (FFEL) program in recent years. Most of these changes ... substantial changes are to the federal student loan programs and the interest rates charged [more...]

Date: 2008-06-26 15:20:31

Spread Markets

Credit markets are taking a battering today. The flight to riskier assets which began at with the Federal Reserve announcement that the Federal Funds rate would remain at zero for the rest of our natural lives has paused and possibly reversed itself. There are several factors leading to the change of heart. The Home Loan System has its own [more...]

Date: 2009-01-14 15:50:40

Six Fed Banks Sought Sharp Rate Cut

The size of the Federal Reserve’s interest-rate reduction last month surprised markets ... banks, which make direct loans to commercial banks in their districts, vote periodically on where ... , Minneapolis and San Francisco — voted December 11 to lower the discount rate (for direct Fed lending [more...]

Date: 2009-01-13 11:24:00

Credit Markets Take a Beating

Credit markets are taking a battering today. The flight to riskier assets which began with the Federal Reserve announcement that the Federal Funds rate would remain at zero for the rest of our natural lives has paused and possibly reversed itself. There are several factors leading to the change of heart. The Home Loan System has its own set [more...]

Date: 2009-01-14 17:00:52

Four Quick Ways to Build A Strong Credit Rating

#fullpost{display:inline;} ... of our card accounts. We can make it a goal to pay off our credit card bills in full at the end ... for a time-dependent loan, say a mortgage. The Federal Law entitles us to one FREE annual credit [more...]

Date: 2008-11-18 05:21:00

TARP II: The Wrath of TALF

In normal times the Federal Reserve responds to crises by using teeny, gold-plated hydraulic levers to raise and lower interest rates ... which it will lend up to $200 billion to support the issuance of debt backed by consumer and small-business debt -- such as credit-card loans, student debt, auto loans and loans backed by the Small [more...]

Date: 2008-11-26 15:35:02

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