Student loans are one of the most significant debt burdens Americans face, and for many Americans, that debt has become unmanageable. But defaulting on student loans can have dire consequences. An income-driven repayment plan can help — and for some, even lead to loan forgiveness.
More students than ever are heading to graduate school. If you’re one of them, you may be wondering how to pay for it, especially if you already have undergraduate student loans. Fortunately, there are plenty of ways to pay for graduate school without getting you into overwhelming debt.
Millions of small-business owners rely on suboptimal sources of financing — or no financing at all. Whether you’re evaluating your company’s financing options for the first time or looking for a new lender to help grow your business, keep this list of the best small-business lenders close at hand.
Roughly 7 in 10 college students graduate with student loan debt averaging around $30,000. If you want to dodge that bullet, follow these education strategies before you enroll, during your college years, and after earning your college degree to reduce or avoid student loan debt entirely.
If you have an FHA mortgage, you may qualify for an FHA streamline refinance. Although this refinancing product isn’t right for everyone who qualifies, here's a closer look at the FHA streamline refinance program, possible fees and expenses, eligibility requirements, and overall suitability.
Depending on who you ask, hard money loans are either the easiest and best source of funding for real estate investors or nightmare loans of last resort. Who’s right? Learn about hard money loans for renovations in real estate, and whether you should consider getting one or looking at other options.
Scholarships, grants, and federal direct loans don’t always cover the high cost of education. That’s where PLUS loans come in. They allow parents or grad and professional students to borrow everything else they need to pay for education. But before you sign, it pays to know what you’re borrowing.
If you’re heading to graduate school, you may already feel like a student loan pro if you’re familiar with undergrad loans. But there are some key differences between graduate and undergraduate loans for both federal and private student loans. This is what you need to know.
The cliche “it takes money to make money” contains a ring of truth for entrepreneurs looking to start and grow a business. Most ways to finance a business involve either taking on debt or giving up equity. Before you choose, learn the pros and cons of financing your company with debt or equity.
Refinancing your mortgage is probably the most profitable move you can make to take advantage of low interest rates. But should you actually do it? Before you can determine that, you must learn more about why you’d want to refinance your mortgage and how to calculate the net costs.
The Paycheck Protection Program Flexibility Act allows borrowers to use up to 40% of their loans’ proceeds for certain nonpayroll expenses without jeopardizing forgiveness eligibility provided they use the remainder for payroll expenses. But many borrowers still have questions. Get the answers here.
Agreeing to assume tens of thousands of dollars of debt as a teen seems ill-advised. Yet it’s the only way for many students to get a higher education. Private student loans are among the many possible avenues. And if that’s the route you choose, it pays to choose the best company for your needs.