Category: Student Loan Debt
-
Here’s What Happens if You Don’t Pay Your Student Loans
In today’s world, most of us are bogged down by student loan debt. In fact, the average American has over $39,000 worth of student loan debt in 2021, according to data from the Education Data Initiative. However, while paying off that amount of debt can be hard, the consequences of not paying it can be […]
-
How Student Loans Affect Your Credit Score
If you have student loans to your name, you’ve likely wondered, “How do student loans affect your credit score?” In truth, they do have an impact on your score. However, the good news is that borrowers have control over the type of impact they experience, specifically whether it is positive or negative. We’ve created a […]
-
Personal Finance 101: Should I Save or Pay Off Debt?
Every day, many Americans ask themselves, “Should I save or pay off debt?” If you’ve asked yourself that question recently, you’re not alone. In light of that, we have taken the liberty of answering this question once and for all. Keep reading to learn whether it makes sense to save first or to pay down […]
-
When Should You Hire a Student Loan Lawyer?
The student loan debt crisis is real and, for many people, financially crippling. While various programs and strategies can help you reduce your monthly payments, cut interest rates, and even get help paying down your debt, student loans can still be very challenging for some.
-
Is Student Loan Settlement an Option?
The student loan debt crisis has worsened over the last decade, with an average balance of more than $30,000. If you’re struggling to keep up with your monthly payments, you may be wondering, “Can you settle student loans?”
-
Bad Credit and No Money? What Leslie H. Tayne, Esq. Would Do if She Had to Start Over
We all have to start somewhere. Even financial professionals had to build their credit from scratch. And many have dealt with financial hiccups along the way.