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
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Mortgage Delinquencies Continue to Climb, Watch Out for Other Loans
It's beginning to get really ugly out there... unfortunately 13 months ago when we were told "this is just a subprime issue" ... , student loans, credit card debt. It's all coming down the pike. It appears the pike is coming right ... last year for many loan categories. Overall, 6.6% of mortgages were at least 30 days past due at the end [more...]
Date: 2008-09-23 17:13:49
$75 user participation survey for those in debt
As I think I have mentioned before, I am working with a company called DebtGoal in development of their product ... in credit card debt At least 2 other types of debt (mortgage, auto, student loan, home equity loan [more...]
Date: 2009-01-10 15:48:20
Holiday Cheer: Reality is Not All It's Cracked Up to Be
I am currently on blog holiday, and am re-posting some refreshing concoctions from Christmases past.Life. It's deep, right? ... surrounding (i.e. Shaolin), that credit card debt and those student loans aren't mundane, they suddenly [more...]
Date: 2008-12-29 16:00:00
Tell All Tuesday ~ Slowly Forward Edition
This past week, all I did directly towards reducing our debt was made my monthly car payment ... $21,414.50 Broken down into: Credit Card: PAID OFF 2/7/08 Student loan (at 7%): $11,084.68 Spouse ... about our future debt elimination strategy and I wanted to address it. Once my spouse’s student loan [more...]
Date: 2008-09-23 19:39:00
Fewer Homes, Smaller Homes
Every municipality in Virginia bases its land use planning on the anticipated demand for new housing ... or the economic realities of student loans and credit card debt, I don't know. But it's happening [more...]
Date: 2009-01-09 10:52:00
Should Christians Use Credit Cards?
This post was written by Linda Bustos is an editor for Creditor Web, where you can learn about debt forum. The Bible gives wise advice that we should not go into debt. There aremany reasons for this – ... there can be understandablereasons to go into debt – a mortgage, a student loan, a car loan – thedebt in itself [more...]
Date: 2008-07-03 12:07:00
YouTube & Leadpile Lead Exchange
... Business cash advance Credit card processing Equipment leasing Internet marketing services Web design ... repair Debt consolidation Debt settlement Tax debt relief Bankruptcy Student loan consolidation [more...]
Date: 2008-12-17 14:49:18
Letting go of the old and moving on to the new
Welcome to 2009.2008 was quite a year for us. So many exciting things happened, there are things that I haven't even written about yet. Yikes! ... for something NEW!Debt reduction and elimination is our other main focus this year. This is the continuation ... of credit card addiction. It's that other debt we are looking at now: student loans, home equity [more...]
Date: 2009-01-05 04:25:00
College Loan Slavery: Student Debt Is Getting Way Out of Hand
I have seen this first hand. No one holds a gun to these people's heads. They don't understand sacraficing now to have more later ... debt. And don't get me started on all the credit card kiosks around campuses. Only fools get those ... into a pit of debt from which many will never recover. Raya Golden thought she was handling college [more...]
Date: 2008-11-12 13:25:34
Simple to Read, Hard to Execute: 10 Ways to Save Money in College
Written on 6/04/2008 by Soo L. of womopo.com - practical tips and advice for men ... to rack up a lot of credit card debt. So instead of making poor decisions with your credit card, save ... on naive and unsuspecting college students. Some examples of this are credit card companies, loan [more...]
Date: 2008-06-04 22:39:48
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
Wigan vs Tottenham Highlights Video
.fullpost{display:inline;}Wigan vs TottenhamAfter an absorbing contest in the FA Cup, Wigan and Tottenham cross swords once again on Sunday, ... ,Student Loans,Debt Consolidation,Credit Cards. [more...]
Date: 2009-01-11 05:19:00
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
Derby County vs Man Utd Highlights Video
.fullpost{display:inline;}Derby County 1 - 0 Man Utd30' Kris CommonsOnce again, ... Advance,Auto Loans,Student Loans,Debt Consolidation,Credit Cards. [more...]
Date: 2009-01-07 11:18:00
When Your Financial State Improves, Do Your Frugal Standards Change?
... replaced. We have very few debts now - just one student loan and a mortgage, no credit cards [more...]
Date: 2009-01-07 20:00:34
Fed's Latest Rescue Package Throws Lifeline to Home Buyers
According to this Reuters article, the Fed announced a new rescue package of $800 billion USD to lower the cost of home purchases, credit card and student loans. Under the new mortgage program, the Fed will buy up to $100 billion of debt issued by government-sponsored mortgage enterprises Fannie Mae, Freddie Mac [more...]
Date: 2008-11-26 09:12:56
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
Reader Question: My student loans went into collections! How do I get it off my credit score?
Reader's QuestionHi FB,A couple of months ago I was denied a student loan deferment and forbearance although I was unemployed and not earning any ... , like Debt Counselling of Canada. They should NEVER CHARGE YOU ANYTHING for their services ... debt shows. [more...]
Date: 2008-12-01 22:11:00
Credit Suisse brokers take Auction Rate Securities fraud to new depths
Credit Suisse brokers take Auction Rate Securities fraud to new depths Posted Sep 4th 2008 9:48AM by Peter Cohan Filed under: Products and services, ... up student loan securitizer -- as they sold investors their most toxic Collateralized Debt [more...]
Date: 2008-09-04 14:15:09
Financial Forecast for 2009, Considering Resource Limitations
In this post, I consider some major issues contributing to our current financial problems, before making a financial forecast for 2009. These are 1 ... from the bottom: Layer 1. Household Debt (Mortgages, auto loans, credit card debt, student loans ... debt-based financial system operating. 3. Where we are now, and the role reduced resources [more...]
Date: 2009-01-06 15:10:32
Five Things That a Generation X Financial Planner Did, That You Can Too
This is a guest post from Jeff Rose, an Illinois Certified Financial Planner(TM) and co-founder of Alliance Investment Planning Group ... student loan and credit card debt at ease. Luckily, I stumbled into a career as a financial ... students graduate with a combination of student loan and credit card debt. Most of us are just kind [more...]
Date: 2009-01-14 15:45:19
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
Student, Car Debt Quietly Added to Bailout Plan
Jeez! This country very well may be doomed beyond hope! This is not the time to be sneaky, and push even more expenses on the taxpayers ... its bailout plan to include buying student loans, car loans, credit card debt and any other “troubled” assets ... program to foreign banks with extensive loan operations in the United States, potentially added tens [more...]
Date: 2008-09-24 02:08:02
Money as a Dealbreaker?
Is money a “dealbreaker” in relationship? If you meet a great person and found out after a few months of dating, they had massive student loans, some credit card debt, and a car loan; is that a deal breaker? Would you run for the hills or stick around? It was an interesting question posed on a message board I read. But currently two [more...]
Date: 2008-09-04 13:00:04
40 Money Tips for College Students
I remember the first day I set foot at college, it was a mixture of excitement and fear at the prospect of being on my own ... , myself included, this means graduating with some student loan debt (I had and still have over $20k in student loans) but that’s OK. Avoid credit card debt at all costs. Consider this, if you owe [more...]
Date: 2008-09-24 11:43:57
A Good Debt Management Program Can Be a Life Saver
by William Blake Do you feel like you are over you head in debts? Many see themselves buried in debt due to car loans, medical bills, student loans, credit card debt, etc. All of these debts can spell financial disaster as the majority of them are unsecured loans [more...]
Date: 2008-11-05 19:13:30
Money Match #5: Erin, Nashville Female Seeking Friends
It's been a while since we had any Money Match posts-- mainly because I totally flaked out and let a couple entries languish in the depths of my ... . This of course is my only form of debt, 54k in student loans. I have no credit card debt, no car payment, etc ... have me showing up on her front porch if I lived in Nashville! Email me at openwallet1 at [more...]
Date: 2008-10-28 13:17:00
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
Time or Tithe?
I am writing this week about issues twenty-something people face financially, because I’m hosting tomorrow the Twenty-Something Carnival of Finances ... with student loan debt, credit card debt, a car loan, and fees typical of furnishing a place to live. Twenty [more...]
Date: 2008-11-16 14:00:52
Eliminate Debt
We can't deny the fact that our world suffered economic crises nowadays ... own more than one credit card, car payment, mortgage, bills, student loans, personal loans, home ... , lower credit card payments, budgeting debt, stay debt free and many more. It's guaranteed safe [more...]
Date: 2008-11-23 16:25:14
What Is Debt Consolidation And Can It Help You
by William Blake Most people have heard of debt consolidation through junk mail, on television, or other forms of media ... cases, debt consolidation involves several unsecured debts into one secured loan. This secured loan ... , but typically the steps are different for student loans than for unsecured debt from credit cards [more...]
Date: 2008-11-09 14:01:07
Southampton vs Man Utd Highlights Video
.fullpost{display:inline;}Southampton 0 - 3 Manchester United20' 0 - 1 Goal Danny Welbeck37' Matthew Paterson Red Card 48' ... , but Bobby Stokes' goal gave the south coast side a 1-0 victory and their only major trophy.Personal Loans,Cash Advance,Auto Loans,Student Loans,Debt Consolidation,Credit Cards.Danny Welbeck [more...]
Date: 2009-01-04 12:53:00
Why not just give US the money?
Lame Duck Teasury Secretary Henry Paulsen insisted on talking again today, as did his boss, sending the markets south, ... the risk that big investors took when they bought junk credit card and mortgage debt. Then, magically ... toward consumer loans in the form of credit cards, auto loans and student loans, as well as some forms [more...]
Date: 2008-11-25 19:38:09
Making a Man Commit and What Does Commitment Mean To A Man
When we think “commitment”, what comes to mind first? Family, a loving husband, children and a picket fence. All-American dream ... that came in highly recommended as providing excellent credit card debt consolidation services ... that she had a huge credit card debt, a student loan that she was at the time looking into a school loan consolidation [more...]
Date: 2008-09-23 06:04:00
Bailout Gets More Costly Due to “Bipartisan” Deal; Foolish Limits on Foreclosure Should Be Removed
Liberal Congressional leaders have apparently reached a deal with the Bush Administration on the principal elements of a $700 billion bailout of the ... student loans, car loans, credit card debt and any other ‘troubled’ assets held by banks.” ... have stuck taxpayers with 100 percent of all losses on any bad loan or mortgage, but not the profits [more...]
Date: 2008-09-28 20:34:55
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
Bankruptcy
Teresa Sullivan et al's book, As We Forgive Our Debtors (1989, see Chap 8, specifically) ... of points right after college. I had credit card debt, student loan debt, and an uninsured car accident ... points out that women were not even guaranteed credit in their own names until 1970 (or 1974 [more...]
Date: 2009-01-12 16:47:18
A Good Debt Management Program Can Be a Life Saver
by William Blake Do you feel like you are over you head in debts? Many see themselves buried in debt due to car loans, medical bills, student loans, credit card ... program to handle almost any kind of debt, though credit card debts are what most people sign [more...]
Date: 2008-11-11 15:28:58
Debt Consolidation: Will It Help Me?
We are in uncertain economic times.Many are falling behind in mortgages, student loans, car payments and credit card payments ... clearly explains what bankruptcy, debt consolidation, third party credit counseling and debt settlement ... will negatively affect your credit score and cause an increase in credit card interest rates.One of the best [more...]
Date: 2008-11-30 20:48:00
The Irony of Bankruptcy. The More You Have The Better It Is.
I came across an article by Ann Woolner, “Buy a Beach House for Shelter When Going Bankrupt” that was absolutely spot on ... credit-card debt. You can modify student loans. You can modify debt on a yacht,” points out Levitin ... . “Current law permits modification of any type of debt in bankruptcy except for a single-family [more...]
Date: 2008-10-17 14:54:46
Three Easy Steps For Climbing Out Of Debt
Yesterday I read a weeks worth of all the blogs I follow and one spoke about debt, specifically credit card debt. Some people rack up tens of thousands of dollars worth of credit card debt which to me seems ... dodged the credit card trap may still have mortgages, student loans car payments, etc. While debt [more...]
Date: 2008-12-29 02:54:00
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
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
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
Rule of Thumb For Reasonable Housing Costs?
In an earlier post on motivating myself to work harder, I had thrown out a piece of “common” financial advice: ... from a mortgage calculator. The “other debt” is the sum of your other recurring monthly liabilities - car loans, credit card balances, student loan payments. There are usually two lender ratios [more...]
Date: 2008-09-10 13:58:59
And now for something completely different: The Poverty Party
So Bossy…do you all know Bossy? She’s over there on my sidebar, Bossy is ... was his student loans. $15,000 was credit cards and other bad, bad debt including an old car loan for a car ... married, I had approximately $18,000 in student loan debt to my name. Not great, I think we’d agree [more...]
Date: 2008-10-16 15:14:56
A Plan to Be Debt Free in 2009
Considering the current state of the economy, it’s likely a smart thing to try and rid yourself of any excess debt right now ... out your latest credit card statements, auto loan statements, student loan statements, etc ... are a bit lower, and are also tax deductible. debt-payoff-plan Some people decide that it’s easier [more...]
Date: 2009-01-05 16:10:27
Student Debt Consolidation Loan
by Mary Bush Large numbers of college students make that common mistake each year of signing up for as many credit cards as possible ... . About the Author: Debt Consolidation Articles Advise For Rebuilding Your Credit with a Prepaid Debit Card ... application. Of course, once the credit cards start to arrive, they’ll be using them to finance [more...]
Date: 2008-12-30 21:05:55
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
