Today I am going to share a story of one of my closest friend who paid a debt of $35,000 in college debt while he had a lower income. I will take you through his journey so that you would also be able to pay off the debt with a…
Category: Pay Off Debt
The Student Loan Forbearance Guide – Is it worth it?
There are a number of students who have taken student loans and are repaying it. But have you ever heard of deferment or loan forbearance? Do you think that putting your loan in to forbearance is worthy? So let us go through the pros and cons of the loan forbearance…
6 Ways to Pay Off Your Mortgage Early
This is one of the questions that many people ask. There are reasons that people want to pay their debt early because this could help them to save a lot of money in that they have to pay in the form of interest. Have you ever thought of paying it…
4 Top Companies to Monitor your Credit
It is not easy to take care of your credit score and you have to spend times for calculating and it can test your skills to the maximum. There are many companies that help you to monitor your credit score and charge a small fee. So instead of doing this…
The Pros and Cons of Reverse Mortgage
If you have some financial knowledge then I am sure you should know about reverse mortgage. There are many companies now that are offering reverse mortgage and it is also frequently promoted on various platforms. Reverse Mortgage basically helps old home owners to get financial help by putting their property…
Which is Better: A Fixed Rate or a Variable Rate Loan?
Taking a loan is one of the toughest decision of life because it can change the course of your loan in the upcoming time. It is better to do your research before you take a loan as there are many different types that you should be aware of and you…
5 Legal Ways to Get Rid of Payday Loans
One of the worst type of loan that can cause you many problems is the payday loans. These loans are like drugs and once you take a payday loan, you will not come out of easily and you will have to take the loan again and again to meet ends…
The Best Debt Blogs of 2020
There are many people that does not take loan seriously and then they end up in a huge amount of debt. This is a situation which happens with a lot of American, the reason is that people do not manage their finances and they did not have the management skills…
Best Ways to Improve Your Credit after Divorce
Life is different after a divorce, you have to go through a lot of things emotionally. You have to face a lot of different things and things change drastically. It is considered as one of the toughest time of life in which you have to take emotional decisions and so…
7 Ways to Avoid Student Loan Debt
Going to college is not an easy task now and with the increasing cost of college, it has become difficult for many people to join the colleges and get a degree. The solution to this problem is student loans but these type of loans also have some drawbacks. With the…
7 Top Places to Consolidate Mortgage Debt
Mortgage loans are one of the largest debt for the common person. We can get rid of consumer debt easily and quickly but mortgage debt is not so easy to get rid of. It can test your patience and you need to strictly follow your budget in order to get…
Pay My Mortgage or Invest?
People are usually confused between whether to invest money and pay the debt till the last year or to pay the debt faster and then invest money. Like many other situations like that the answer to this question is also not clear. Many of the financial experts that paying off…
How to Pay a Debt of $8,000 In Just 3 Months
Greetings everyone! Today I have come with an amazing story of a person how has just paid more than $8,000 of debt in only a time period of 3 months. That is unbelievable and I was shocked when I heard that, but this is a story which is a motivation…
The Pros and Cons of a Subsidized and Unsubsidized Loan
Not everyone can pay the high college fees or the university fees that is why many people go for the student loans. There is a number of people that have got student loan to pay their college or university fee but if you are a student these are the 10…