Student Loan Consolidation Info - Raise Your Credit Score With A Consolidation Loan

Ian Wilkie asked:

A student loan consolidation can help you save money and reduce the amount of long term debt load you carry while raising your credit score at the same time. Improving your credit score over time can help you considerably as you start out in the real world and will have the need to purchase a new car, or get an apartment or maybe buy a house, and also be able to have a charge card. Lives are built on having good credit to borrow the money you need when you have started your career and have the means to make monthly payments to finance your dreams. If you are in debt with multiple student loans, take the time to investigate the benefits of getting a student consolidation loan to help you start making just one payment each month and give your credit the boost it needs by sticking to your loan consolidation payment schedule.

Read some other tips to boost your credit score on Student Loan Easy.

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As told to Plain Dealer reporter Teresa Dixon Murray

Higher education is the top investment we can make in ourselves and our future. Even in the best of times, most families pay for college through a patchwork of savings, current income, loans, grants, scholarships and/or work-study from federal and private sources. A little effort can pay off big time in closing your daughter's $12,000-per-year gap through one or more of the following sources:

Federal aid

The FAFSA (Free Application for Federal Student Aid) is the tool to explore every federal parent and student loan, grant and work-study financial aid option. Early in each new year is the perfect time to complete the FAFSA at fafsa.ed.gov. )

Grants are the best type of federal aid. They don't need to be repaid. Think of grants as gifts. Examples include the federal Pell Grant, Federal Supplemental Educational Occupation Grant (FSEOG) and the National SMART Grant for high-achieving students in math and science.

Next best are work-study opportunities (as long as a job doesn't interfere with academics), and need-based Perkins and Subsidized Stafford loans for students, and PLUS loans for parents. Need-based loans have the lowest interest rates and deferred repayment options.

Last but not least is the Unsubsidized Stafford loan, which is not based on financial need. Many families qualify for this type of federal student aid. The interest rate is competitive, but repayment is not postponed or subsidized by the government as with the Subsidized Stafford.

After filing the FAFSA, you will receive a "Student Aid Report" summarizing the aid available for the coming school year. Aid is granted one year at a time.

[Read full article via Cleveland]

FHA Foreclosure Loan - Avoid Foreclosure and Refinance Your Loan

With the growing problem of many people loosing their jobs and not being able to keep up with everything to include house payments. Many people are looking for alternatives to keep their homes and keep their families safe.

There is a way to stop foreclosures, for example, FHA is now offering people the opportunity to avoid foreclosure through potentially refinancing your loan. But, you have to be careful, depending on the way your home loan is set up, this could be difficult. The best thing to do, is to call your mortgage company to find out. The companies don't want you to loose your homes, far from it. In many cases the companies actually would rather help the lenders.

Check and see if your lender is working with FHA. See if they are working with FHA to help their lenders with the problems they are facing, many may not, but it is possible to see if FHA can put you in touch with a bank that may be able to help you. Some companies may have a special program like this in place. Do not avoid your company, the best bet is to see if they will work with you in this rough economic time that all of us are facing.

There are many websites that are offering specific information about your options. Your best bet is to make sure you jump right away to take care of all of your basic needs. Thus making sure you have everything covered.

Hector Milla runs the Stop Foreclosure Loans Help website, where you can get immediate assistance from professionals serving your state. An intelligent no-cost application will match you with seasoned and trusted specialists in less than 5 minutes.

Find stop foreclosure assistance today visiting http://www.StopForeclosureLoans.org

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