Student loan debt is a slippery slope that many graduates know too well. Between a struggling job market leaving many without employment to high monthly payments, many college graduates find it impossible to manage their debts. Since student loan debt is rarely discharged in bankruptcy, the options become limited for those struggling to minimize their  … Read more

While title loans may provide quick cash, they may also provide more complications if you default on the payments. When you take out a title loan, you give the loan company rights to your asset as collateral against the loan. This essentially creates a lien against your asset. Besides the fact the loan company has  … Read more

You may have seen an advertisement online or on television for payday loan companies offering great deals. What you may not have seen is the fine print at the bottom of the ad hiding very important details associated with these  loans. While some payday or title loan companies are legitimate and offer decent deals for  … Read more

Last week President Obama revealed a plan to help graduates struggling with student loan debt find relief. As one of the fastest growing demographics of bankruptcy filers, student loan debt now tops $1 trillion nationally in debt. College graduates have been suffering for years with more debt than job market incomes can support. While many  … Read more

Look around you, nearly every corner or street has at least one payday loan company in operation. Many people are drawn to the fast and each cash offered by these companies. So why, if they are so popular and located on every street, are they a bad idea? The Secured Debt Trap Most people don’t  … Read more

If you find yourself experiencing trouble keeping up with payments on a secured debt, such as a car loan, you may want to consider a voluntary repossession. A voluntary repossession is when you agree to give the car over to the creditor in exchange for being absolved of liability over the loan. Since the car  … Read more

As a consumer, it is your responsibility to maintain timely payments on your debts. If you get behind on your payments of a secured debt, your creditor does have the right to take certain actions. However, you also have rights that could protect or resolve your asset from being repossessed. You vs. Them Secured debts  … Read more

Everyone knows that a college education is expensive, but isn’t it also supposed to be priceless? Unfortunately, what was once a brief action in a lifetime to provide for a better future, has turned into a future filled with overwhelming debt. Ten years ago, going to college was fairly affordable and many people were able  … Read more

If one thing is true of going to college, it is that getting a college education is expensive. Tuition increases each year and many college hopefuls are finding themselves having to make tough choices about their college education. Student loan debt is the largest source of debt for young Americans under the age of 30.  … Read more

With the cost of tuition rising each year, many families are struggling to find a way to send their kid to college without ending up in loads of debt.  It isn’t uncommon for families to take out additional loans, or find financing for college expenses through alternative sources. When a family is already in significant  … Read more