How Do I Begin Looking for Student Loans?

Most students find that they need to avail of multiple funding sources to pay for their college tuition. Fortunately, there are several avenues you can explore when you are looking for student loans. Start by listing your personal savings and family contributions. While this may not be enough to cover the total cost of college …

What Does “Co-Signing” a Loan Mean?

When applying for a student loan, many are asked to have a co-signer. A co-signer shares the responsibility of ensuring the loan is repayed (and on time). Essentially, if the student who is taking out the loan cannot—for whatever reason—repay, it’s up to the co-signer to do it for them. Many students who are taking …

New Year Resolution: Understand Student Loans

A new year almost always means new goals and resolutions for many students and former students. Along with getting healthier, one of the top New Year’s resolutions is to pay off debt and save money. Student loans account for a large amount of debt for many people. Getting them paid off can be an overwhelming …

How do I Consolidate a Loan?

  Understanding various ways that you can make the college loan process easier on yourself is important knowledge to have going into school. A majority of prospective college students will need some source of financial help, and if you’re included in this chunk of the population and don’t opt to apply for scholarships, odds are …

Questions You Should Ask Your Private Student Loan Servicer

Student loans are one of many ways to pay for college—but unlike gift aid, loans have to be paid back. A private loan should only be considered after you’ve fully exhausted scholarships, grants, and federal aid programs. Private loans can be a little more stringent than their federal counterparts. Federal loans might offer flexible repayment …

How to Improve Your Credit Score for Your Student Loans

In this day and age, student loan programs are at an all-time high in popularity, in terms of those that receive money from these sources. There are a myriad of reasons for this, from the economic backdrop to the value of college degrees, but the fact remains that student loan programs are flooded with applications …

Dangers of Defaulting on Student Loans

Failing to make your loan payments on time can result in some pretty hefty consequences. When getting your loan, you signed a document for it according to legal terms set by the lender and agreed to a schedule of paying back the loan. This document, the promissory note, is what holds you responsible to making …

Avoid These 3 Big Student Loan Mistakes!

Obtaining student loans is one of the biggest and most expensive decisions you will ever make in your lifetime, and it is up there with purchasing a car or a house. It’s important to understand what you’re getting into, agreeing to, and what is expected of you in the years to come. Here are three …

How Do I Refinance a Student Loan?

Emanuel Lasker, a chess world champion, thought of as one of the greatest of the game’s players, was once asked what basic advice he would give to beginning chess players. “When you see a good move,” Lasker replied, “look for a better one.” Even if you don’t play chess, Lasker’s advice can be applied to …