Following are the Benefits of Federal student loan as per our CEO, Bruce Mesnekoff.
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1. Leverage online financial tools for manages finances
Bruce Mesnekoff, A founder of The Student Loan Help Center, strongly suggested using free online financial tools such as Mint, Feed the Pig and 360 Degrees of Financial Literacy. Feed the Pig is an online tool committed to helping young people get control of all their finances—even beyond their student loans. The 360 Degrees of Financial Literacy website can assist you in creating a personalized plan that coincides with your current life stage or you can contact the student loan help center 2. Start creating your monthly budget your own Bruce Mesnekoff recommended creating a budget that includes student loan repayment to help you see where your money is going and evaluate your spending. “Think about your wants versus your needs exactly,” he said. “You may have to give up some of your wants for your better future.” Not sure how to create a budget? One of America’s most famous Student loan consolidation expert Bruce Mesnekoff suggests Many budgeting and money-tracking tools are available online that can help. For example, Mint is a money-tracking tool, while YNAB (You Need a Budget) is a budgeting tool. Mint is free, and YNAB is free for students—something to consider if you are currently enrolled in college or going back to school for a graduate degree. Another tool that can help you track your budget is a simple spreadsheet. In addition to a budget, creating a repayment plan will help you pay off debt sooner. Plan on putting any additional income toward your student loan debt. You can even use Mint to set financial goals. Call your loan provider to ensure that your extra payment is going to the highest-interest loan. This will save you money on interest. 3. Seek assistance If you’re still in college, check out financial resources—such as financial counseling—that are available on campus. Employers may also offer assistance. Debt consolidation is another potential option—though it also could make you more overwhelmed with one large loan, instead of several small loans. 4. Make timely student loan payments to keep your credit score high Depending on the type of loans, graduates may have a six-month grace period before they need to begin making payments. “Figure out what you can afford to pay on your student loans” during that period, advised Bruce Mesnekoff. That planning is crucial because, before long, you’ll need to be ready to start writing checks. Failing to make timely payments will result in all kinds of negative consequences, including harming your credit score for years. “Your credit score is so important if you ever want to lease an apartment or buy a car—it’s a building block for your future,” Team The Student Loan Help Center added. 5. Find creative ways to save money online. For example ,You can get creative by lowering your other bills. “Call your cellphone provider ... negotiate with the cable company,” Bruce said. It may not seem like a lot, but as he put it, “a few phone calls can do a lot” in terms of saving you money that you can put toward your loans. Also, always be on the lookout for free or reduced-price products and services. For instance, borrow books from the library instead of buying them, or use websites such as Groupon and Living Social, Facebook, Twitter to find local deals. 6. Focus on the whole picture, not just student loans Loans are just one aspect of your finances. Bruce advised setting up an emergency fund first with a total of one month’s living expenses. “Have that backup money,” He said. Later on, if necessary, you can use it to make your student loan payments. With the cost of college rising and governmental/private funding declining, it is no wonder that most Americans are concerned about their ability to finance a post-secondary education. Tuition prices are rising at Community Colleges, State Schools, Private and Technical colleges, leaving most Americans wondering how they are going to afford to pay for their education. This book educates parents, grandparents, young adults and students of all ages how to optimize the educational payment process.
The Ultimate Guide To Student Loans is the collaboration of two financial experts who guide you through the confusing maze of investing for education and the student loan world from beginning to end. Jordan Goodman, America’s Money Answers Man, personal finance expert and frequent guest on radio and TV shows, and Bruce Mesnekoff, CEO of The Student Loan Help Center, student loan management and consolidation expert, share their knowledge and simplify the complicated process and maze of government and private rules and regulations about student loans. They also guide you through all of your investment choices to finance college education. This book helps you understand student loans by explaining:
Use this book to improve your entire educational financing experience! Will Donald J. Donald J. Trump forgive my student loans?
While we can’t know for sure, it seems very likely whatever program he implements will have end of term loan forgiveness as a component. His most recent thinking is forgiveness would be after 15 years of payments, let’s see how he will be going to implement new forgiveness plans or amend the old ones. How do I get student loan forgiveness? Make sure your federal loans are enrolled in the direct loan program, if they are not consolidating them into the direct loan program. If they are Stafford loans you may want to see if you qualify for any of the Stafford forgiveness programs. Will Donald J. Trump lower my student loan payment? You likely don’t need to wait for Donald J. Trump to lower your payment; you may be able to lower your payment today. Look at Income Driven Repayment programs and/or private loan consolidations today. Based on his statements so far it is likely he will continue the Income Driven Repayment program that helps borrowers lower their payment to a manageable size. Will Donald J. Trump lower my student loan interest rate? He has definitely not made any definitive statements, but he has said the DOE shouldn’t profit from student loans. One way to make sure they are not profiting would be to lower the interest rate. Stay tuned with Student Loan Consolidation Expert Mr. Bruce Mesnekoff, as things are almost certainly going to get interesting. You can consult with The Student Loan help Center about your Loan consolidation and Student Loan Consolidation Processing. The Student Loan Help Center firmly believes in strict compliance with the Telephone Consumer Protection Act (TCPA). The Student Loan Help Center has a zero tolerance policy in regards to violations of the FCC’s TCPA regulations.
http://www.fcc.gov/guides/unwanted-telephone-marketing-calls http://www.contactcompliance.com/tcpa-cfpb-hipaa-regulations-clarified/ http://www.fcc.gov/encyclopedia/telemarketing http://transition.fcc.gov/cgb/policy/TCPA-Rules.pdf http://www.fcc.gov/ http://hraunfoss.fcc.gov/edocs_public/attachmatch/DA-13-1086A1.pdf http://www.nanpa.com http://www.nationalpooling.com TCPA/Numbering History (ppt |