Blog Page2019-01-03T04:54:22+00:00

The Top Benefits Employers Receive By Offering Their Employees Student Loan Repayment Benefits

Last week we looked at a few of the top benefits employers receive by offering their employees a student loan repayment benefit including attracting better talent, retaining your best employees, and improving employee morale and productivity. If all the reasons we discussed previously aren’t reason enough to be providing your employees with this benefit, in this post we will look at a few additional benefits employers receive by [...]

The Top Benefits Employers Receive By Offering Their Employees Student Loan Repayment Benefits

There is a new wide spread issue facing the vast majority of employees, especially younger employees who are just entering the job market. While most employers offer standard benefits such as health insurance contributions, dental and vision insurance options, life insurance, vacation time, and 401(k) and other retirement savings options, many employers are realizing they have been failing to address one of their employees’ greatest financial challenges – [...]

What A Credit Repair Company Can Do For You

Do you have a bad credit? Are your federal student loans the reason or have they made it even worse? If so, you know how difficult life could be. Something as basic as getting a utility bill under your name can be more complicated – or expensive – when you have bad credit. Your credit score is used as a reflection of your trustworthiness to pay a bill, pay [...]

Private Student Loan Collections vs. Federal Student Loan Collections

Private student loans provide fewer benefits than federal student loans, such as income-based repayment plans, deferments, and student loan forgiveness. In many cases, you only have 6 months (up to 12 if you are lucky) before you are required to start making repayments on your private student loan. Often, you are still in school and are limited by finances to afford your loan payments. As a result, you can end [...]

How To Avoid (Or Minimize) Student Loan Debt

These days, many college students end up taking out a substantial amount of loans in order to put them through college or to pursue higher education and wind up with substantial amount of student debt. This burden is undertaken on the belief (and hope) that a college education is going to lead to a decent paying work after graduation – one that will enable them to be able to [...]

Impacts Of Having Student Loan Debt In Collections

Collections and default status give substantial financial difficulties. It’s vital that you are aware of the possible impacts of student loan collections to you. Doing this will encourage you to get yourself out and get all your finances on track. Also, knowing how collections really works will help avoid any shocks along the way. Following are the impacts if you’re student loans are in collections: Your career options are [...]

Is There a Legitimate Credit Repair Company

Is There a Legitimate Credit Repair Company? With so many credit repair companies that promise that they can fix your credit record and improve your credit scores, how sure are you that you are working with the best and legitimate company? If a credit repair company promises that your credit score will immediately improve up to 100 points, you should be wary. Credit repair companies should not promise unrealistic [...]

How to Prevent Wage Garnishment

The best way to deal with wage garnishment is to do everything in your power to prevent it. By simply taking control over your finances, you can prevent deliqent and defaulted loans as well as any case for your creditors to initiate a wage garnishment. Apart from that, below is the list of the pointers you can consider: Payment Term Negotiation You can consider having a negotiation on how [...]

Tips On Staying Out Of Collections

What will you do once you get out of student loan collections and default? Well, it’s recommended to draft a plan which will help you prevent the same scenario again. Fortunately, you will find some things you can do to avoid student loan collections and defaults even if your finances get tight again. Take into consideration forbearance or deferment If you can’t avail any payment, you could opt for [...]

How To Get Out Of Student Loan Collections

If you’re student loans are in collections, you possibly ended up there because you didn’t make payments on your loan on time or stopped making them all together. Student loan collections could be daunting and complicated. The good news is that you will find some ways to get out of that situation and stay out. Some of these include rehabilitation, student loan consolidation or catching up on payments quickly. [...]