Platform that can reduce borrowing costs

Many small business owners are seeking debt consolidation and small business loan refinancing options, mistakenly believing that consolidation can save them money and fees. This highlights a troubling trend of many small business owners blindly entering into loan agreements with fixed interest payments and poor terms. As a lender, QuarterSpot cautions all business owners to [...]

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Posted on August 12th, 2013 by FirstLoanConsolidation
Filed under: Debt Loan Consolidation, Loan Consolidation Lenders | No Comments »

Make a smart decision about your debt relief

If your main goal right now is to get out of debt fast, that should not be your primary reason for choosing a solution. To make a smart decision about your debt relief program or debt loan consolidation, there are two important considerations that has very little to do with how fast you can pay [...]

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Posted on August 10th, 2013 by FirstLoanConsolidation
Filed under: Debt Loan Consolidation | No Comments »

Too many borrowers remain unaided

The greatest challenge we face at this moment, however, has less to do with the price of new student loans than it does the $1.1 trillion that has already been drawn down. And while the government has made a decent effort to address this problem, too many borrowers remain unaided because their loans have been [...]

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Posted on August 9th, 2013 by FirstLoanConsolidation
Filed under: Debt Loan Consolidation, Student Loan Consolidation | No Comments »

Reasonable approach to student loans

Barack Obama signed into law a measure restoring lower interest rates for student loans, pledging the hard-fought compromise would be just the first step in a broader. “Feels good signing bills. I haven’t done this in a while,” Obama said, alluding to the difficulty he’s faced getting Congress, particularly the Republican-controlled House, to approve his [...]

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Posted on August 9th, 2013 by FirstLoanConsolidation
Filed under: Student Loan Consolidation | No Comments »

Plan would cap rates on loans to undergrads

Under the compromise measure, undergraduate students would pay a rate of 3.85% next year on subsidized and unsubsidized Stafford loans. The plan would cap rates on loans to undergrads at 8.25%, for graduate students at 9.5% and parents at 10.5%. While this is not the agreement that any of us would have written, and many [...]

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Posted on August 9th, 2013 by FirstLoanConsolidation
Filed under: Student Loan Consolidation | No Comments »