Debt, insolvency, Passive income, student loan debt forgiveness, Student Loans

Understanding Student Loan Debt Forgiveness and Insolvency

Understanding Student Loan Debt Forgiveness and Insolvency If you get your student loans forgiven, there are situations when you may have to pay taxes on the amount of student loan debt forgiven.  While some student loan forgiveness programs, like Public Service Loan Forgiveness (PSLF) are tax-free, others – like when you get your student loans discharged under Income-Based Repayment, are …


Debt, Passive income

23 Top Personal Loan Companies in 2018

23 Top Personal Loan Companies in 2018 Whenever you need to borrow money, don’t go with the first lender to offer the cash you need. They may come with high interest rates and stiff repayment terms that can make your loan significantly more expensive. Any personal loan company worth their salt won’t overwhelm you with fees, and they will offer …


12 Legit Ways to Get Rid of Student Loan Debt Fast

12 Legit Ways to Get Rid of Student Loan Debt Fast Dealing with your student loans can seem like an overwhelming task. The sheer volume of student loan debt that we are dealing with is astronomical. According to CNBC, over 44 million Americans hold roughly $1.5 trillion of student loan debt. The average graduate holds around $37,000 in student loan …

LendKey Review: How He Refinanced and Paid Off $60,000

LendKey Review: How He Refinanced and Paid Off $60,000 When Scott Perry completed graduate school, he was stuck with a soul-crushing amount of student loan debt — $60,000 to be exact. It’s the amount that could fund any of the following: A high-end tiny house (or a normal-sized house in Alabama?) A splendid dream vacation… for years A yearly IRA …

12 Best Student Loan Companies to Refinance in 2018

12 Best Student Loan Companies to Refinance in 2018 College was the best.  Sleeping in, hanging out with friends, and not dealing with many of the responsibilities of the real world. But then graduation day happens. Not only do you have to deal with entering the “real world” you now have to start chipping away at the mountain of student …

The Difference Between Subsidized and Unsubsidized Loans

The Difference Between Subsidized and Unsubsidized Loans There is a lot to know in the vast world that encompasses college student loans. Perkins, FFEL, public, private; all of these terms and more will become your friends (or enemies) as you begin accruing student loan debt balances. One thing you should know if you have student loans or are planning to …

What is Student Loan Forbearance and is it Worth it?

What is Student Loan Forbearance and is it Worth it? If you’ve got student loans you’re repaying, you may have heard people talk about student loan forbearance. But what does it mean to put your student loans into forbearance? And, is it worth it? According to the Federal Student Aid department, the definition of a forbearance is as follows: A …

Cents App Review: Round Up Transactions to Pay Off Debt

Cents App Review: Round Up Transactions to Pay Off Debt For the past four or five years, “fintech” (that is, consumer-facing financial technology) has reached something of a fever pitch. While our parents had to balance checkbooks by hand (or via a personal computer), we have literally hundreds of apps that can do our dirty work for us. Thankfully, new …

How To Pay Off $10,000 Of Debt In One Year

How To Pay Off $10,000 Of Debt In One Year It’s that time of year where we look back on what we have and haven’t accomplished and decide what to tackle in the second half of the year. For many, wealth building and debt reduction will be among the top goals for the year. If eliminating some of your debt …