Borrowing students likely to default on their loans

The Keeping Student Loans Affordable Act, sponsored by Miller, is one of several proposals in Congress to delay or lessen the scheduled increase on student loan interest rates. A similar rate hike was scheduled to occur last summer but was delayed for one year after the issue became a talking point in the presidential campaigns [...]

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

Borrowers miss out many forms of repayment assistance

Each type of loan consolidation should be entered into only with thoughtful consideration, and the guidance of a trusted and seasoned professionals. When borrowers choose to include federal student loans in a consolidation with other outstanding debt they miss out on the many forms of repayment assistance that are generously made available exclusively for their [...]

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

First steps to getting control over the money

Loan consolidation is nothing more than a disadvantage because you think you have done something about your debt problem. The debt is still there, as are the habits that caused it; you just moved it. You cannot borrow your way out of debt. You cannot get out of a hole by digging out the bottom. [...]

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Posted on July 31st, 2013 by FirstLoanConsolidation
Filed under: Credit Loan Consolidation, Debt Loan Consolidation, Loan Consolidation Lenders | No Comments »

Consolidation option can be great help for you

Loan consolidation is one easily availed option which can be of greater help to you. The process of debt consolidation helps you to consolidate all your existing loans into one, and pay off your all previous loan amount at once. Consolidation loan is specially meant to those debt-ridden borrowers, who have incurred several loans, and [...]

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Posted on July 30th, 2013 by FirstLoanConsolidation
Filed under: Debt Loan Consolidation, Secured Loan Consolidation, Unsecured Loan Consolidation | No Comments »

Reduce your monthly payments to pay down debt

Loan consolidation could help you reduce your monthly payments and pay down debt more quickly. But when debt consolidation becomes something that masks the underlying issue instead of fixing it, you could make things worse. All lenders usually promise lower monthly payments, lower interest rates and the convenience of a single payment. For many, however, [...]

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Posted on July 16th, 2013 by FirstLoanConsolidation
Filed under: Credit Loan Consolidation, Debt Loan Consolidation, Loan Consolidation Lenders | No Comments »