Tag Archives: Know

Student Loan Interest Rate Freeze Update: What Borrowers Need to Know

In a significant move impacting millions of Americans, the federal government has announced an extension of the pause on federal student loan interest accrual. This update provides critical breathing room for borrowers as broader discussions on loan forgiveness and long-term

Payday Loan Default Consequences: What You Need to Know

Payday loans are short-term, high-interest loans designed to provide quick cash to borrowers in financial emergencies. While they can be a temporary solution, failing to repay them on time can lead to severe consequences. Defaulting on a payday loan can

Personal Loan Early Repayment Charges: What You Need to Know Paying off a personal loan ahead of schedule can be an appealing option for borrowers looking to reduce debt and save on interest

However, many lenders impose early repayment charges (ERCs)—fees that can offset some of the potential benefits. Understanding these charges is crucial before making extra payments or settling your loan early. What Are Early Repayment Charges? Early repayment charges are fees

Personal Loan Interest Tax Deductible: What You Need to Know

When managing personal finances, understanding tax deductions can significantly impact your savings. One common question borrowers ask is: Is personal loan interest tax deductible? The answer depends on how the loan is used. This article explores the tax implications of

Payday Loan Collection Harassment Laws: Know Your Rights

Payday loans can provide quick financial relief, but aggressive debt collection practices can turn a short-term solution into a long-term nightmare. Many borrowers face relentless calls, threats, and even illegal harassment from lenders or third-party collectors. Fortunately, federal and state

Federal Student Loan Forgiveness Update 2025: What Borrowers Need to Know

As student loan debt continues to be a pressing issue for millions of Americans, the federal government has introduced new updates to loan forgiveness programs for 2025. These changes aim to provide relief to borrowers struggling with repayment, expand eligibility,

Student Loan Consolidation Interest Rates – What You Should Know

Student Loan Consolidation Interest Rates – What You Should Know The drop in interest rates has made considering student loan consolidation interest rates more attractive. Students may be paying larger monthly payments on loans and need to lower the payments.

All you need to know about personal loans

All you need to know about personal loans “There are a number of loans that you can avail from a bank, personal loans are one such loans. Such loans are not meant for any specific purpose, you can use the

Loan Modification Options-Things You Should Know!

Loan Modification Options-Things You Should Know! The Loan Modification options provides for either a permanent change in one or more of the terms of a mortgagor’s loan, which allows a loan to be reinstated and results in a payment the

All You Need To Know About The Home Loan Interest Subsidy Of 2016

All You Need To Know About The Home Loan Interest Subsidy Of 2016 When it comes to applying for a housing loan, there are plenty of factors that need to be taken into consideration. For one, the interest rate is

Student Loan Consolidation Info – What You Should Know About Stafford Loans?

Student Loan Consolidation Info – What You Should Know About Stafford Loans? Stafford loans are the most common types of loan available for students perusing a higher education. Stafford Loans have been providing loans for students tuition and other college

Do You Know The Best Repayment Strategy For Home Loans?

Do You Know The Best Repayment Strategy For Home Loans? When most borrowers are asked this question, they typically resort to clichés. They think their repayment strategy is saving. Some say that it is budgeting monthly expenses well. Either way,

Four important Personal Loan facts you need to know before you apply for one.

Four important Personal Loan facts you need to know before you apply for one. A lot of people in today’s day and age are opting for a personal loan for purchasing things that are costly. They also are frequently turning

5 Things You Didn’t Know About The Government Small Business Loan In Canada – SBL Federal Loans Info

5 Things You Didn’t Know About The Government Small Business Loan In Canada – SBL Federal Loans Info Can we ask you a simple question? Actually, if it’s ok with you, we’ll ask 5 questions, and we trust and hope

Online Car Loan Calculator – Best Tool To Know Different Loan Option

Online Car Loan Calculator – Best Tool To Know Different Loan Option Do you get confused with the figures? Are you tensed about how you should calculate car loan or not able to understand what figures are being given and

Things You Need to Know Before Raising a Private Loan

Things You Need to Know Before Raising a Private Loan A personal loan (consumer loan, private loan) could be an option, if you are short on money. But before you are raising a loan, you better learn about concepts like

Important Factors That You Should Know Related To Direct Federal Student Loans

Important Factors That You Should Know Related To Direct Federal Student Loans Going to college has now become very expensive, which is the main reason why more and more students have been applying for direct federal student loans in the

How Do I Know If I Am Fit For College Loan Debt Consolidation?

How Do I Know If I Am Fit For College Loan Debt Consolidation? If you’re a parent sending your child off to college or if you are a student going to college for the 1st time, you are probably crouch