Student Loan Consolidators Can Shop Around On July 1, the interest rates for federal Stafford loans will hit the highest level since 2001 The rate for outstanding Stafford loans for the academic year 2006-7 will be 714% New loans issued after July 1 will have a fixed rate of 58%A lot of student loan borrowers will be seeking out consolidation to lower that rate and their payments And a new bill will give you a chance to shop around a ...

New Graduates Play It Smart Graduation has come and gone Now that college is over, it is time to start making wise decisions about your futureThere are several roads you can choose to take now After all, the world is wide open But chances are that you have already made some money decisions that you will now have to pay forWhat are the best financial decisions you can make?1 Find a good jobSo many graduates don't really know what they ...

Since Gas Prices Are On The Rise, Is It Smart To Use Gas Cards And What Are Some Ways To Save Money Copyright 2006 Debt Management Credit Counseling Corp Question: Since gas prices are on the rise, is it smart to use gas cards and what are some ways to save money on gas? Answer: As we all know, gas prices have risen to an average of $3 per gallon in the United States Since the gas prices are high again, this ...

How To Avoid Bankruptcy Filing for bankruptcy is an extreme move, not a quick fix It's a long, painful process with a huge stigma, and you're unlikely to be able to get any kind of credit for ten years afterwards Yet bankruptcies are on the rise Out of ignorance or stupidity, more and more people seem to be using bankruptcy as a first option, instead of a last resort Before you do it, make sure you've considered every alternative Have You ...

Alternatives To Bankruptcy Many people want to file bankruptcy the moment they realize they are in over their heads, and they feel like there is nothing they can do to get out of debt Bankruptcy however, should be used as an absolute last resort- after all other options have been thoroughly researched and exhausted Before making the decision to file bankruptcy, consider each of the following alternatives: • Refinancing • Debt Consolidation • Debt Settlement • Debt Negotiation If after you’ve considered each bankruptcy alternative, you ...

Higher Interest Rates Aren't All Bad There are quite a few frugal people out there that are glad to see interest rates on the rise For example, my family has very little debt and what we do have features fixed rates We like to see that some of our investments are getting a little higher interest rate It makes us want to saveLow interest rates are used to jump start the economy They encourage people to buy on credit Take ...

Be Wary Of Credit Cards Credit card companies are very smart and a little trickyI recently received a credit card offer that said I could pay off my debts with it and shop without guilt It was a credit card offer Pay off my debt?Those are the two things that most people want out of their finances And now a credit card says that it can give those things That's a little far fetched But many are probably willing to ...

What Is A 2nd Mortgage? A 2nd mortgage refers to a secured loan taken on a property, which has already been used as a security in a loan once before It refers to the second loan in sequence, as it is subordinate to the first loan on the same property The 2nd mortgage lender can exercise his rights only after those of the first have been entirely met One can take the 2nd mortgage for several different reasons including for ...

Iva- A Legitimate Alternative To Bankruptcy The UK is facing a debt crisis highlighted by the fact that around 45,000 people filed for bankruptcy in 2005Most people seek to avoid bankruptcy at all costs This is because of the stigmas and disqualifications associated with going bankrupt The government recently introduced a legitimate alternative to bankruptcy in the form of an IVAThe rise in the number of people seeking to set up IVAs suggests that it is widely viewed as a ...

Five Keys To Overcoming Bad Debt Management Bad debt management is at an all time high More people are having more financial problems than ever before Bankruptcy is at an all time high Financial stress is tearing families apartMany people think debt consolidation is the answer to all their financial problems Just think… you get one loan to pay off all your debts Then, you only have to deal with one company and one payment You have to admit, it ...