Last October the Small Business Administration removed fees on SBA-guaranteed loans under $150,000. Although last year’s average SBA loan was closer to $380,000 and the year before was around $327,000, it might be interesting to note that before the financial meltdown in 2008, the average SBA loan amount was closer to $175,000—more in line with … Continue reading “SBA loan process is often disappointing for borrowers”
By reducing your student loan payments into just one monthly expense, you also be much better able to budget for other expenses as well as rent or mortgage, car payments and other new debt that you may be taking on after college graduation. This can help to give you some breathing room for paying your … Continue reading “Option that will best fit your specific needs”
Verification and obtain a copy of your credit report from all major credit bureaus could be helpful, not just in determining the accuracy and correctness of your credit record, but could go a long way in identifying the actual issues which have contributed to your bad credit standing. This could be critical prior to try … Continue reading “You can certainly improve your credit scores”
Direct loan consolidation allows you to combine multiple federal student loans into one loan; but it also can result in loss of some benefits. Once your loans are combined into a direct consolidation loan, they cannot be removed. The loans that were consolidated are paid off and no longer exist. Carefully consider whether direct loan … Continue reading “Consolidation can greatly simplify loan repayment”
Lender’s payday loan consolidation plan allows borrowers to consolidate their payday loans into only one monthly payment. Lender can often consolidate all borrower’s payday loans into one easy monthly payment and often times reduce monthly payments up to sixty percent. Borrowers can benefit from payday loan consolidation plan to get interest rates lowered or even … Continue reading “You can benefit from payday loan consolidation plan”