In today’s difficult economic climate it is not unusual to have friends or family members out of work. This could even be you. It is hard to budget without enough money coming in at the end of the month. You can decide to do without but when you have bills coming due, medical issues or…
Monthly Archives: June 2011
Five Ways To Help Recent College Grads
With the employment situation still grim, many recent college graduates are finding it difficult to meet their daily obligations. Couple that with the burden of student loans, many of them have to move back to their parents’ homes. This is creating awkward situations, to say the least. Many parents are wondering what the next steps…
College Degree Returns Five Times More Than Any Other Investment
The report continues that, on average, an investment in a bachelor degree will return an equivalent of 15.2% every year compared to other investments. ” This is more than double the average return to stock market investments since 1950, and more than five times the returns to corporate bonds, gold, long-term government bonds, or home…
Auto Loan Financing Picks Up As More Americans Take Out Loans
Americans are taking out auto loans faster these days than in the past, according to a survey released by a Texas based financial services company. Fort Worth based First Command Financial Services Inc., says more Americans are taking out loans even as others work hard to pay down their existing loans. 43% of the consumers…
How To Get Payday Loans That Work For You
You see the advertisements on television and hear them daily on the radio. Payday loans are quick loans designed by lenders to help you weather short term financial storms. These loans are designed to help you take control of your financial situation just when you are having problems meeting your obligations like paying bills or…
The Student Loan Documentary: “Default”
You know it’s come to the national attention when a movie is made about it. “Default: The Student Loan Documentary” was made to show students and laypeople alike that the student loan situation in America has become a problem. With a job no longer a guarantee after graduation and the specter of high student loans…
What Are Your Auto Loan Options?
Do you have bad credit and still need a new car? There are a few options available to you, despite a low credit score or nonexistent credit. First, avoid dealerships that provide the loans for your new purchase. These loans are often high-interest, filled with fees and have a higher risk for repossession and even…
Colorado Payday Legislation Hurts, Not Helps
Last year, Colorado passed payday legislation that created a 45% percent interest rate cap and extended loan terms to six months. Intended to help consumers who might fall into a payday loan rut, instead these laws caused the loss of hundreds of jobs as many payday lenders closed their doors. Responding to claims that payday…
Education Debt: Good or Bad?
The Huffington Post recently posted an article about the changing views on debt, including school loans and credit cards. Siting the example of a young woman who went back to school in part so she could delay making payments on her student loans (most student loans are deferred until the borrower is out of school…
Credit Unions Offering Payday Loans, But Often With High Rates
Credit unions have a naturally great reputation for being a reasonable financial institution with fair rates and security of funds. So it’s only natural that they would look to expand their services and payday loans are one way to do that.Credit unions are also still recovering from the financial pain the banks went through in…
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