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Smart Strategies to manage your Student Loans
Student loan debt can be overwhelming and many people end up paying it off well into their 40-s and 50-s. We have a few strategies to help you manage your loans better.
Understand Your Loans
Many students don’t really understand the terms of their loans and end up overpaying down the road. Know the type of loans you have, the interest rates, balances, and grace periods. You may have Perkins loans, subsidized and unsubsidized Stafford loans or private loans. If you visit your loan servicer’s website, you will be able to see each loan account, balances, interest rates and current repayment plan. Be aware that frequently students have loans managed by 2 or 3 different servicers. Two common servicers are Navient and Great Lakes. If you go to the Department of Education website, you will find help creating a smart repayment plan.
Know the Numbers
It is crucial for you to know the precise amount of money you owe if you want to have control over your student loans. Most students end up ...Read More
Category:Money Management
Tags: bank balance, borrow money, budget, car title loans, credit report, credit score, expenses, financial adviser, income source, investment, loan repayment, personal loan, student loans
Understanding Auto Title Loans
An Auto Title Loan is a relatively easy, convenient and fast way to get money for unexpected expenses or to cover bills when your finances are tight. There aren’t tons of requirements or terms and conditions to remember when you take a title loan, but it’s still important to understand the title loan basics.
OWN A VEHICLE: Obviously, this is the most important aspect of auto title loans to remember when you consider applying. Moreover, your vehicle should fit in one of the following categories: car, RV, motorcycle, watercraft, trailer, truck, or boat.
You will be asked to provide proof that you are the legal owner of your vehicle. Since title loans don’t have extensive eligibility requirements, your vehicle is a guarantee that you will pay off the money.
BE FAMILIAR WITH YOUR VEHICLE: Not only will you have to be the legal owner of your car but also you need to know the exact equity of it, as well as its make, year, model, and approximate mileage. It is important for the lender to know the year and model of your car because the loan your len...Read More
Category:Auto Title Loans
Tags: APR, credit score, title loans
How to Check Your Credit Score and Credit Report
Up to 80% of Americans use credit, yet many don’t realize the importance of their credit score and do nothing to increase it. Some people don’t have a high score because they have never taken a loan and usually these are people in their early 20s. Many Millennials use student loans, but their credit score tends to be below average, making it difficult to obtain a loan later in life.
Interestingly, 6 in 10 Americans have no clue what their credit score is and don’t understand the role it plays as an indicator of their financial health. Here’s how you can check your credit score and get a credit report.
Know your credit score
There are four credit score tiers:
- Poor Score: 400-549
- Fair Score: 550-649
- Good Score: 650-700
- Great Score: 701-850
If you want to find out which of these four grades you fall in, there are three ways to do it:
- Check it online: If you are curious about your credit s...Read More
Category:Money Management
Tags: car title loans, credit report, credit score
Ways to get extra cash for Christmas
Christmas is almost here, and with many Americans spending over a $1000 on Christmas gifts this year, we can’t help but think of ways to save some money this season. If you are in need of some extra cash for the holidays, we have a few ideas for you.
Give people a lift
This is the time of the year when people rush to the malls and grocery stores more frequently than any other time of the year. Not everyone has a car, and if you live in a city, you know that using public transportation with armfuls of gifts can be a nightmare. Not only that, with holiday parties already in full swing, and many people are finding themselves a little too “cheerful” to drive home. You can turn this into a money-making opportunity by offering rides through Lyft or Uber or you can simply spread the word to friends, neighbors or coworkers.
House-Sitting or Pet-Sitting as a way of making money
So many people this season will leave their house to visit family members and friends. This is your chance to earn a little extra cash! Offer your neighbors to house-sit ...Read More
Category:Money Management
Tags: car title loans, no credit check title loan
Budget-friendly Cars that deserve a look
If you are considering investing in a new car, make sure prioritize what is important to you in a vehicle. Price should not be the only consideration. You need a vehicle that gives you the maximum comfort and suits your needs.
Six budget-friendly cars to buy new
Purchasing a new car is a good investment, especially if you get a quality vehicle packed with extras at a reasonable price. Here are a few great options:CHEVROLET SONIC LS SEDAN
- Approximately $16,000
- 138 horsepower
- Turbocharged 1.4L ecotec engine
This car which comes in 10 different colors offers a lot of amenities: it has 10 airbags, forward collision alert, rear park assistance, OnStar automatic crash response system, air conditioning, infotainment display, keyless entry, 7-inch diagonal color touch-screen display, Wi-Fi connectivity, tilting and telescoping steering wheel. This car is small and compact, which makes it the best car for singles or young couples. I...Read More
Category:Cars
Tags: budget-friendly, new car, used car