When Congress resolved the latest debt ceiling with the passing of The Financial Responsibility Act of 2023, both parties agreed to stop the forbearance on student loans payments. Federally backed student loan payments have been paused for the past three years due to the pandemic. Payments on student loans are set to resume following this September and many are not going to be prepared for this. [Read more…]
Don’t let these things HAUNT your Preapproval
October 31, 2013 by Leave a Comment
I encourage anyone who is considering buying a home to start the preapproval process as soon as possible. Regardless of if you’re not planning on buying for a year or you think your credit, income and assets are prefect – you never know what underwriters may find lurking in your application.
The Debt Disease…Dollar Buy Dollar
May 5, 2007 by 1 Comment
The other morning, I had CNN on as I was getting ready for work when a story about a local blog caught my attention. Dollar Buy Dollar is authored from a Washington State resident who has found himself in quite the pinch by jacking up his credit card bills and student loans to a total that tipped over $70,000. The blog is an honest (sometimes painfully honest) account on what he’s doing to try to get out of that mess. This should be a must read for every senior in high school and anyone with more credit debt than savings. Debt happens far too easily and, like packing on a few pounds, it’s much easier to gain it than to whittle it away. [Read more…]
