Similar to when you can’t pay back your student loans, there are a number of available options when you’re having trouble paying down your student loans. However, if, after exploring all your options, there is still no way you can afford your payments, it may be time to explore the possibility of student loan forgiveness.
Follow this advice to determine if you are eligible to have your student debt forgiven.
As president of CreditRepair.com, Scott Smith manages the credit repair delivery process for enrolled members, supervising a staff of dedicated consumer advocates and communications specialists. Scott has worked with CreditRepair.com since its i...View Full ProfileRecent Articles
College students are graduating with tens of thousands of dollars in student loan debt on average. Paying back that debt is difficult for many recent graduates searching for a job that will pay all the bills each month. However, if you can't pay your minimum each month, your credit health is being damaged because of it. Even paying only the minimum each month can negatively impact your credit score and report.
John Heath was born and raised in Salt Lake City, Utah. He received his BA from the University of Utah and his Juris Doctor from Ohio Northern University. Mr. Heath has worked as an attorney in both a private and public interest practices. He...View Full ProfileRecent Articles
Getting started on your own post-college is a turning point in many students’ lives. Big decisions like choosing a career and where to live loom large. For those who have taken on debt, student loan repayment begins approximately 2 months after graduation (though lenders differ in this requirement), and repayment may add even more stress. There are some simple things that you should do to get yourself off on the right footing after college.
After more than 15 years as a financial service advisor, Keith Klein CFP®, ChFC®, CLU®, CASL® reached his own Turning Pointe and founded Turning Pointe Wealth Management. It had become clear that the best way for Keith to provide unbiased soluti...View Full ProfileRecent Articles
You have finished your education and now it is time to pay off your loans. You may be receiving student loan statements from several creditors for differing amounts and at varying interest rates. Consolidating your student loans into one larger loan may simplify your repayment, but it also may result in you paying more overall. Before consolidating, analyze the options available and determine if loan consolidation is right for you.
Frances Smith represents a variety of clients in U.S. Bankruptcy Courts located in Texas and throughout the country. Her extensive legal experience includes work for debtors, secured lenders, unsecured creditor committees, trustees and asset pur...View Full ProfileRecent Articles
For most students, going to college has become a near-necessity in the transition from childhood to self sufficient adulthood and their career path. Unfortunately, standing squarely in the middle of the path, like a tall NJ concrete barrier, is the ever rising cost of college. By some measures, the cost of college has risen 5 to 6 percent annually over the past decade and the average cost of attendance has doubled from 2000 to 2011.
Kevin is a Certified Financial Planner™ practitioner and college planning specialist with Wealth Management Resources, Inc., a Registered Investment Advisor, in North Smithfield, RI. He has been helping families of all income levels with college...View Full ProfileRecent Articles