All Entries in the "Debt" Category
Why You Should Check Your Credit Score and Credit Report
You have probably heard about the importance of your credit score and credit history, and may have even shrugged it off, but there are a number of reasons to check both. You know that the better your credit score, the better your chances of being approved for a loan, and the lower the rate. But [...]
Obama’s New Student Loan Relief Plan – How Much Will It Help?
Will You See Any Relief? Today, the President reveals some changes to existing student loan provisions that were put forth in recent years. The aim is to ease the burden that many recent graduates face: substantial student loan debt, high monthly payments, and little income. Obviously, student loan debt is a major problem in this [...]
Should You Co-Sign a Loan?
Let’s say you are approached by a friend or relative asking you to co-sign a loan. Obviously, they assume that they will make good on their loan, pay it in full, and you will never have to worry about it. Being the nice person that you are, you are likely to oblige. But wait! Before [...]
The Shocking Truth about Repairing Credit After Bankruptcy
For most people, repairing credit after bankruptcy seems impossible. My credit is trashed, they think. I’ll just have to wait a decade before the bankruptcy falls off my credit report. But nothing could be further from the truth. In fact, wiping your hands of credit and becoming a cash-only citizen is the single worst thing [...]
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