Getting student loans discharged or forgiven is not common, but it is possible by majoring and working in a certain field, spending a certain amount of time in the military or having an undue hardship that forces bankruptcy. Discover the ways that student loans are forgiven with financial advice from a guidance counselor in this free video on student loans.
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Financially Healthy with Credit Cards
May 24th, 2009 
Elisheva Wiriaatmadja In today’s society it is sometimes hard not to have a credit card at all. There may be times when you have emergencies and not the cash. Possessing a credit card does not necessarily mean to jeopardize your financial health. All you have to do is to know how to use them to your benefit [...]
Can America Save Their Next Generation From Credit Card Debt?
May 22nd, 2009 Elisheva Wiriaatmadja Until about 10 years ago, credit card companies in Indonesia were able to issue a new credit card in people’s names taken from a database and mailed it to them. Back in the 1960′s, it was legal in America to do so as well. College students have always been targets by credit companies and back [...]
As Mortgage Rates Keep Falling…
May 22nd, 2009 Elisheva Wiriaatmadja As the Federal Reserve constantly making moves to keep mortgage rates low, the rates remain low and are even falling. According to the weekly report by Freddie Mac, the 30-year old fixed rate mortgage is down to an average of 4.82% whereas last week it was 4.86%. Last year, the average 30-year mortgages was about [...]
Saving Your Children in College from Destroying Themselves Financially
May 20th, 2009 Elisheva Wiriaatmadja If you are a parent with a child who is leaving for college you should know that they are going to have all kinds of freedom that they never had while still living at home. You are probably already aware that they are going to have new friends, a new community, new hobbies, new habits,… [...]
Home Equity Loans for Debt Consolidation
May 20th, 2009 Elisheva Wiriaatmadja The most common option that people would go for when considering to consolidate their loan is by taking out home equity loans. This option may seem to make sense because you may get a lower interest rate loan by using your home equity as collateral. This is even better if you are offered a fixed [...]
Consolidation Loans – How To Be Smart With Them
May 19th, 2009 Elisheva Wiriaatmadja Although taking out a consolidation loan to help you pay off your debt completely makes sense, you should understand that it should never be your first step in resolving your debt crisis. There is a much deeper issue than just being neck-deep in debt, and finding this issue inside you and fix that first should [...]
In Search for Debt Advice
May 17th, 2009 Elisheva Wiriaatmadja With today’s financial crisis, more and more credit card companies are becoming more active in order to recover the money that is owed to them. The situation today is that you can actually be sued by your credit card provider for your credit card debt. So if you find yourself in a difficult debt problem [...]
Reputable Debt Consolidation Companies
May 17th, 2009 Elisheva Wiriaatmadja Some of the largest banks in the whole world offer debt assistance program such as debt consolidation. It is originally only one of the many financial fields that banks cover. But recently, more and more organizations who are only focusing on debt consolidation appear. A group of people that are working in the debt consolidation [...]
Alternatives To Student Loan Debt
May 16th, 2009 Elisheva Wiriaatmadja Although it may seem impossible to go to college without taking up a loan, there are ways to still pursue your education without becoming a ‘slave’ to your lender when you graduate. One of the better choices out there is to raise the funds needed years before your child even applies for college, and have [...]
