Income-Based Repayment (IBR) is a plan that makes it easier for students to repay their federal student loans. It does this by capping the monthly repayments at 10% of student’s income.
If your home is underwater, meaning that you owe more money than your home is actually worth, then you may get a break come November 1 of this year. The Federal Housing Finance Authority (FHFA) has recently announced that homeowners paying off mortgages to Fannie Mae and/or Freddie Mac can put their homes up for […]
Overdraft fees. Insufficient funds fees. Reloading fees. Transaction fees. Abandoned account fees. Account closure fees. Check fees. Replacement card fees. Balance inquiry fees. Dispute fees. Transfer fees. Fees for using another bank’s ATM. Even closure fees. You will inevitably have to pay some (or all) of these if you decide to take on a campus […]
For single moms, it can be especially difficult to juggle full-time parenting with a full-time job. For many, it’s one heck of a challenge to find the time to devote to long-term financial planning. And here are a few simple tips to help you get started.
Don’t let your pride get the better of you – foreclosure prevention counseling could mean the difference between saving your home and slipping into foreclosure. But what exactly should you expect in the counseling process? Here’s the short version: you explain the circumstances why you can’t make your payments, and the foreclosure counselor shows you […]