When you are in default on your student debt for three to six months, you can expect to deal with some financial difficulties such as student loan garnishment. This is a process where the lender can contact your employer and legally deduct 15% of … [Read more...] about 7 Ways to Avoid Student Loan Garnishment
Student Loan Consolidation
How to Get a Student Loan Tax Deduction
OK, so you’re at your first job, and it’s tax time! Did you remember you took out a student loan? Well, the interest on that loan is a tax deduction! In the article below, I'm going to get into the nitty-gritty of taxes. However, remember … [Read more...] about How to Get a Student Loan Tax Deduction
How Budgeting Can Help You Pay Off Your Student Loans
Ugh…budget. Most folks hate the word. However, budgeting is a must if you want to be financially stable. Still, even the definition is one most would think is beneath them or a bit depressing; “A little pouch or knapsack, which may have come … [Read more...] about How Budgeting Can Help You Pay Off Your Student Loans
Student Loan Relief Counselors: Do You Need One to Get Out of Student Debt?
Student loan relief counselors play a big role in helping borrowers repay or stay up to date with their student loan repayments. These counselors prove that student loan help exists, and one must make the most out of it in order to get out from … [Read more...] about Student Loan Relief Counselors: Do You Need One to Get Out of Student Debt?
Guidance for Federal Student Loan Consolidation and Forgiveness Released
Schneiderman just released its federal student loan consolidation and forgiveness guidelines. As these guidelines can help you save money, it's in the best interest of borrowers to read up on the benefits the guide walks you through! The … [Read more...] about Guidance for Federal Student Loan Consolidation and Forgiveness Released
Student Loan Interest Deduction: How Much Can You Really Save?
A lot of people consider a student loan interest deduction as a heaven-sent student loan aid option. Who doesn't want to pay less taxes? However, upon closer examination, a student loan interest deduction might not be as rewarding as it … [Read more...] about Student Loan Interest Deduction: How Much Can You Really Save?