At many schools around the world, you can receive a federal student loan from the William D. Ford Federal Direct Loan (Direct Loan) Program. You may receive a Direct Subsidized Loan or Direct Unsubsidized Loan for your undergraduate education. Direct Unsubsidized Loans and Direct PLUS Loans are available to graduate students. Your parent also might be able to borrow on […]

You need to complete the following tasks: Log in and change your FSA ID. Do NOT share your new FSA ID password with anyone! Contact your federal loan servicer to revoke any power of attorney or third-party authorization agreement that your servicer has on file. You should also make sure no unwanted actions were taken on […]

Private student loans can help cover a gap in funding that some students need to fill. However, private student loans have drawbacks when compared to federal student loans. Credit-based decision. Private student loan eligibility and terms depend on the applicant’s credit. Without a creditworthy co-signer, many students may not be able to get approved, or may […]

Student loan debt relief companies are private companies that provide (or claim to provide) student loan management services for a fee. Often these companies are charging for services you can easily manage yourself. They will say they can help reduce your monthly payment or get your loans forgiven, but after you pay, you might be […]

Personal loans are not a solution for most financial situations, most times; they are just a Band-Aid on improper money management. A situation where we recommend a personal loan is if you have credit card debt with high interest rates. Paying off debt with a high interest rate, such as a 24% annual percentage rate, […]

Rental Property scam Victim sends money for deposit on a rental property and never receives access to the rental property or the victim may also be the property owner who is sent a check from the renter and asked to send a portion of the check back using a money transfer and the check bounces. […]

Identity Theft Identity thieves use personal information (e.g., Social Security numbers, bank account information and credit card numbers) to pose as another individual. This may include opening a credit account, draining an existing account, filing tax returns or obtaining medical coverage. Associated with: Internet Purchase, Phishing, SMS/Smishing, Social Networking, Advanced Fee/Prepayment, Immigration, Taxes, Employment, Anti-Virus, Relationship Immigration scam Victim receives a call from someone claiming […]

Fraud Types While the internet has connected us to more information than ever, today’s digital age has made it easier for scammers to perpetrate their fraudulent activity. From faux social media postings to password phishing for financial accounts, scammers have found countless ways to get their hands on other peoples’ money. They use any means […]

Many parents want only the best for their children, and strive to give them everything a parent can give them. If parents are able, they may give grown or growing children gifts like money for college or the down payment on a new home. However, parents can do their children a big favor by giving […]

Repaying your student loans may be easier than you think. With a little organization and planning you can set yourself up to successfully repay your loans. Here are some tips to consider when paying off your student loans. Know how much you owe Gather all your student loan documents (federal and private) and make sure […]