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Student Loans Aren't the Only Choice to Pay Tuition Bills
Wachovia is just one of many lenders that have recently announced that they will stop issuing some student loans. In Wachovia's case, it plans to stop accepting applications for private undergraduat...
Missing Student Loan Payments Will Hurt Borrower's Finances
About two-thirds of students attending college use student loans to pay their expenses. But earning a degree doesn't guarantee enough income to pay back those loans. In fact, 10% of borrowers of fed...
Credit Card Interest Rates: The Fix Is (Not) In
Being late with just one payment can lead credit card companies to raise a customer's interest rate. And that's exactly what is happening to many people who are struggling to pay for credit cards an...
Credit Cards and Small Businesses
Many small business owners use credit cards to bootstrap their way to success. But the ailing economy and high levels of personal debt are causing many people to miss payments on business credit car...
Student Loan Companies Drop Less Profitable School Loans
Some student loan companies say they'll no longer make loans to community college students or those in schools with traditionally higher default rates. Lenders such as Citibank, PNC, and JPMorgan Chas...
Some Homeowners May Be Able to "Refinance" With Loan Modifications
Many homeowners facing foreclosure hope to refinance their loans, make their payments and keep their homes. Refinancing a mortgage requires starting over and paying all the closing costs--such as appl...
Students May Be Tempted to Use Credit Cards for Education Expenses
The credit crisis has made it difficult for some people to obtain student loans. As a result, students consider relying on credit cards to pay their education costs. However, there are drawbacks to us...
Mortgage Fraud Claims a Growing Number of Victims
Mortgage fraud is up as desperate homeowners engage in or become victims of a variety of schemes, according to a report from the Federal Bureau of Investigation (FBI). During 2008, suspicious activity...
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