Loans on Economic Crisis

Students may not be able to find alternative education loans for the spring semester due to the financial downturn. One hundred thirty-eight lenders no longer offer federal or private loan programs, according to a recent article in the Wall Street Journal.
Many banks such as Wachovia Corp., College Loan Corp., Citibank and Key Bank have withdrawn [...]

S.C. Largest Lender Stops New Private Loans

GREENVILLE, S.C. — Thousands of South Carolina college students are getting a lesson about the country’s credit crunch.
The South Carolina Student Loan Corp. is the largest student loan lender in the state.
The state-based, nonprofit company said on Thursday that it will stop issuing new private loans.
For many college students, financial aid is what keeps them [...]

Will I save with Consolidation Loan?

The answer to this question depends on the characteristics, particularly the interest rate and the repayment term of the consolidation loan that you choose in the first place. It also depends on your own self-discipline in managing your personal finances in such a way as to allow a consolidation loan to save you money in [...]

PayDay Loan Warning!

“I would like to think people don’t do this often - but I know there’s a need out there.” Payday loans must be popular. Different companies offer them all over Acadiana. But the better Business Bureau won’t certify them. Director Sharane Gott says that’s a nationwide policy. “Payday loans are an [...]

Facing Economic Turmoil in America

America is now facing economic turmoil. This earlier economic hard time forced everyone to be more closely controlled with their money. The present crisis is reinforcing that view. Everyone start to evaluate what they want and what they needs. Many consumers need to rethink their spending habits and return to the basics of building [...]

There’s Still a Safe Places in Banks for Deposits

Annalists have begun warning that the huge federal bailout of financial instructions may not save some blanks. Hundreds may go out of business or be taken over by other, stronger institutions. Perhaps so, but that is not something that should concern the vast majority of Americans. If some shaky banks do go under as a [...]