How can we avoid becoming part of the debt trap? Recognize the Trap. Traps work because they’re disguised – they’re not easily seen or recognized. A trap is a lie. Ask yourself these questions: What’s the lie of debt? How is it disguised? Here’s how it is commonly misrepresented – “You need to build your credit to improve your FICO score., You deserve it!, It’s a part of … [Read more...] about Debt & Savings
The MDHE has published a pamphlet explaining options for defaulted borrowers and what a person can do now to get on a better financial path. Check out an online version at the MDHE website: http://www.dhe.mo.gov/files/GNFDB_Layout.pdf … [Read more...] about Help for Defaulted Borrowers
How long will it take you to pay off your student loan? Let Bankrate's calculator crunch the numbers for you: http://www.bankrate.com/finance/student-loans/how-long-to-pay-off-student-loan.aspx … [Read more...] about Student Loan Payoff Timeline
The Missouri Department of Education gives basic information regarding financial aid for the upcoming school year. Get information on the FAFSA, loan borrowing, how to calculate your Cost of Attendance, the A+ program, and much more: http://www.dhe.mo.gov/ppc/studentloans/financialaid101.php … [Read more...] about Financial Aid 101: 2013-2014 Academic Year
Do you know your rights and responsibilities as a student loan borrower? If not, you may read about them on the MDHE website: http://www.dhe.mo.gov/ppc/studentloans/rightsandresponsibilities.php … [Read more...] about Student Loan Borrower Rights and Responsibilities