House passes bill to help prevent veteran suicides

Dec 21st, 2014 Posted in Education Loans | No Comments »

The bill is named after a Marine veteran named Clay Hunt who served in Iraq and Afghanistan. He committed suicide in March 2011 at the age of 28 after being diagnosed with post-traumatic stress disorder.

Rep. Tim Walz (D-Minn.) urged for reforms to the mental health system offered to veterans.

We cant afford to lose people like Clay Hunt, Walz said.

Rep. David Jolly (R-Fla.) said the US had fallen short in helping veterans who served the country.

In many ways, we as a nation have failed to defend and protect them, Jolly said. Administratively, we must do more.

Another provision of the measure would create a three-year pilot program to pay psychiatrists education...

Payback’s a Bitch

Dec 20th, 2014 Posted in Education Loans | Comments Off

By Andrew Ross

Everyone is talking about student debt, but almost nothing is being done about it. On the federal level, there is no debt relief in sight, as anyone can infer from the annual Congressional ritual in which lawmakers assemble to grandstand over lowering federal interest rates by a fraction. Nothing on Capitol Hill comes closer to the cliche of putting a Band-Aid on a gaping wound. Rising rates of default (half a million more last year) and delinquencies (more than 30 percent of all borrowers) are a sure sign that many student debts cannot, and never will, be repaid.

This arrangement is not only unsustainable, it is immoral. For its casualties, the grisly consequences...

When free money isn’t free

Dec 19th, 2014 Posted in Credit Card Comparison | Comments Off

WASHINGTON

We have become a nation charmed by offers that something might be free. Especially when it comes to credit.

Lets look at the offers many consumers will receive as they shop for the holidays. Professionals call these promotions deferred interest plans. But more commonly the advertising may say something like No interest for 18 months or 0 percent interest for 12 months.

This is credit with a catch. And if you are caught, its expensive.

The no-interest deals involve getting a credit card on which your purchases will be charged. During the promotional period, interest is accruing but you wont be charged if the balance is paid in full by the deadline....

Batavia named third happiest city in state

Dec 19th, 2014 Posted in Credit Card Comparison | Comments Off

Batavia has been named the third happiest city in Illinois, according to credit card comparison and financial education website www.creditdonkey.com. The designation was based on several criteria, including restaurants, crime rate, income and housing.

CardHub releases 2015 credit predictions

Dec 18th, 2014 Posted in Credit Card Comparison | Comments Off

* Good times forecast for interest rates, credit, gas prices and real estate

CardHub, a credit-card comparison website, released predictions for 2015 on a variety of issues of interest to consumers, and the forecast was mostly optimistic.

The website forecasts that next year interest rates will rise but remain near record lows, and credit will be increasingly available. The site also said consumers will accumulate $60 billion in credit-card debt; Apple Pay, Apple Inc.s new mobile payments service, will gain market share; checking account overdrafts will be regulated as credit; chip-based credit cards will gain acceptance in the marketplace; rewards will remain strong; the real...

PSPF Launches Two New Schemes

Dec 17th, 2014 Posted in Education Loans | Comments Off

MEMBERS of the Public Service Pension Fund (PSPF) will now start enjoying education loans and start-up capital, thanks to a new scheme that the fund and Tanzania Postal Bank (TPB) have co-launched.

Launching the schemes in Dar es Salaam, the Minister for Labour and Employment, Ms Gaudentia Kabaka, appealed to PSPF members to respect agreements between them and the two institutions so that a lot more members can benefit.

I am saying this because the first beneficiaries will play a big role in ensuring those who come after also benefit… if they are not trustworthy then others will not benefit, she explained.

Ms Kabaka said...

NRI deposits rise while home and education loans fall

Dec 17th, 2014 Posted in Education Loans | Comments Off

The request for education loans dropped by more than 50 per cent in second quarter of 2014-15 compared to same period in last year. Banks have disbursed education loans to 3,620 students to the tune of Rs 75.87 crore during July- September 2014 compared to Rs 137.64 crore disbursed to 7,336 beneficiaries in same period in 2013-14.

Navient Corp (NAVI) Falls 3.07% for December 12

Dec 16th, 2014 Posted in Education Loans | Comments Off

One of the Samp;P 500s big losers for Friday December 12 was Navient Corp ($NAVI). The companys stock fell 3.07% to $20.83 on volume of 1.51 million shares.

The stock opened the day at $21.43 and traded between a low of $20.81 and a high of $21.74. The stock finished the day down $0.66 per share. Navient Corp has an average daily volume of 2.13 million and a total float of 410.22 million shares. The 50-day SMA for Navient Corp is $19.47 and its 200-day SMA is $17.65. The high for the stock over the last 52 weeks is 21.79 and the low is $15.00.

Navient Corp, through its subsidiaries is engaged in originating, servicing and collecting education loans.

Navient Corp...

Agriculture student wins scholarship, opportunity to go to Canada

Dec 16th, 2014 Posted in Short Term Bad Credit Loans | Comments Off

Thay is realle great! The students visited a number of agricultural enterprises during their stay, including some small ones using new techniques and following new trends, like community-supported agriculture and urban agriculture. They also visited large commercial operations using a lot of technology and machinery with no need to apply for short term bad credit loans, something that is completely different from most agriculture.

Have plan to pay back student loans on timely basis

Dec 15th, 2014 Posted in Education Loans | Comments Off

Statistics tell us that the typical student graduating from a four-year college has eight to 12 federal and private student loans, according to Mark Kantrowitz, senior vice president and publisher of Edvisors and author of Filing the FAFSA.

It is easy for one of those loans to get lost and, inadvertently, go into default, Kantrowitz said.

Last week, we talked about the consequences of default.

This week, lets discuss some tools that can prevent default.

Get a handle on all the loans outstanding. The best way to do that is to access the National Student Loan Data System online at https://www.nslds.ed.gov/nslds_SA/. NSLDS, the US Department of Educations central...