The average person who obtains a mortgage to purchase a home intends to do everything in their power to make the payments on the property. After all, the house where someone lives is the collateral property for that mortgage, which means that missed payments can cost...
Uncategorized
Dealing with the stress of student loan debts
Many people across America pursue the dream of a college education. While obtaining expertise in certain fields can bring numerous benefits, education comes at a significant financial cost. The current student debt total in the U.S. stands at over $1 trillion, and...
Why is student loan debt out of control?
Student loan debt has increased in the past decade by more than 144%. In fact, student loan debt is second only to mortgages or housing payments for most American families. There has been some talk from the current administration forgiving student loans, but that has...
3 tips for managing your student loan debts
Student loan debt in the US amounts to a number that exceeds $1 trillion. Consequently, if you are feeling overwhelmed by your financial obligations, you are most likely not on your own. Substantial debts can obstruct your ability to move forward in life. For...
Can widespread student loan debt forgiveness become a reality?
Americans mired in student loan debt have been anxiously watching to see if the current administration and Congress act on their assurances that they want to do something about the devastating toll that this debt takes on so many people. President Joe Biden has...
What does it mean when your wages are garnished?
After working diligently in your chosen career, imagine the surprise when you look at your pay stubs and see that you are missing money. You had a budget that was depending on those funds, and now they are gone. What happened? It’s called garnishment of wages. Many...
Did the recent stimulus package address student debt?
Like many people with student loan debt, you may have been crossing your fingers and toes recently. You might have been hoping that the $1.9 trillion relief bill announced this week would have spared some change to wipe away your debt. Sadly, that has not happened. ...