Do you need a loan? Do you REALLY need a loan? Sometimes the answer is yes, sometimes the answer is no. There are LOTS of articles with vague, non-specific advice about whether or not to apply for a personal loan, small business loan, or student loan. But what SPECIFIC advice is there for people who just aren’t sure whether or not to commit? What follows is my own personal experience. The opinions are mine alone. Names and locations have been … [Read more...]
What Parents Need To Know About Student Loan Debt
What do parents need to know about student loan debt? There are several areas to be mindful of, especially if a parent is contemplating acting as a co-signer on a student loan. These range from preventive measures (starting the application process as early as possible) to future planning (the timing of your financial commitment to a child’s student loans). Student Loan Debt: Planning Counts Schools and government agencies often have a finite … [Read more...]