College Money Grants
March 31st, 2010 by carla_guillermo
If you think that student loan is your only option when going into college then think again. If you think that college money grants do not exist well you are wrong. If you really want to find a strong financial support then give your full energy get free college money and scholarships. However, beware of corrupt companies because they are also in the market. To be able to look for authentic companies, check each company’s profile by asking your friends and relatives. A good company should be willing to give you college grant on easy terms and conditions, with top class customer service and does not require too much especially for those that can’t afford a student loan. Another good way to find a good company that offers college grant is by using the internet. You should also take time to read honest reviews from websites. Lastly, it is important to fill up the application with the correct details. This will determine if your application will be accepted or not. With about ten fields, the application form should contain no error at all.
pic via free-press-release.com
Kourtney Kardashian’s Home Listed for $795K
March 30th, 2010 by carla_guillermo
If you have been watching TMZ.com then this news is not that new to you. It already wrote that Kourtney Kardashian, who is a known reality television personality at 30, listed her Calabasas home for $795K. Kardashian purchased the 2,245 square-foot house in 2006 for $829K. Though she is now selling the 1987-built house for $34K less, the reason for this drastic move is very nice. When she and Scott Disick become parents of their first child Mason last December, it was about time to search for a bigger house. The for-sale house is located in the gated community of Creekside and features three baths, hardwood floors, granite counters, stainless steel appliances, custom window treatments, a refrigerated wine closet, a marble bath, a fireplace, skylights, vaulted ceilings, a built-in study with lighted cabinets, a two-car attached garage with built-in storage and a private yard with a covered patio as well as a fountain and lush landscaping. What do you think?
pic via zillow.com
Federal PLUS loans requirements
March 29th, 2010 by carla_guillermo
We have been featuring options for parents in sustaining their children’s education for college. For this article, it would discuss the requirements needed to pass for a PLUS loan. To be eligible for these Federal Loans you have to be a US citizen, permanent resident or eligible non-citizen. You also have to pass a credit check and, of course, have the student enrolled in a qualifying program. There are no income requirements or prepayment penalties. The PLUS loan will be made to cover the cost of education less all other financial aid that the student has received. If the student has not received any aid or is ineligible, you can borrow up to the full cost of the education. This loan can be of virtually any size and can be renewed annually. If you will be in a tight situation with a child going for university studies, would you choose to have a loan like this one?
pic via ehow.com
Bank of America: Start Cutting Loans for Some Underwater Homeowners
March 28th, 2010 by carla_guillermo
This news may gather mixed of emotions from our readers. According to The Boston Globe, Bank of America which is a famous and could be the biggest mortgage servicer will start reducing the principal mortgage amount to be paid by some underwater homeowners after it reached a $3 billion settlement with the attorney general of Massachusetts. So who will be greatly affected by this? Of course, the borrowers who got subprime and option adjustable-rate mortgages through Countrywide, which is now owned by Bank of America, before January 2009 because the bank will eventually expand the program to include two-year hybrid adjustable-rate mortgages. The principal amount owed could be lowered as much as 30% which can be a real help for those 45,000 people who now proved in a financial hardship and can’t pay, have a loan balance that is at least 120% of the estimated home value or those who have at least 60 days overdue. What do you think? Is this a good news or what?
pic via rebarcamp.com
Josh Groban’s Malibu Home Listed for $6.1M
March 27th, 2010 by carla_guillermo
Who would not enjoy the promise of Malibu with its great access to the Pacific Ocean as well as to Los Angeles? Anyone who wants privacy and solitude should have this place as an option to build a home. However, the singer and songwriter named Josh Groban listed his 3,294 square-foot Malibu home for $6.1 million which he used to call as his instant vacation. Groban purchased the Tuscan-style estate in summer 2005 for $4.125 million. Located in the Point Dume area of Malibu, the 1976-built house sits on 1.8 acres land. Aside from beach property rights, the features of the house include double-gated entry, separate one-bedroom guest house, a recording studio, pool and spa with waterfall, lighted tennis court and private patios as well as poolside cooking and entertainment area around a stone fireplace. Moreover, the main house has stone floors with inlaid tiles, four and a half baths and a wood-paneled media room.
pic via zillow.com
Basic: Federal PLUS Loans
March 26th, 2010 by carla_guillermo
If parents want to support their children on their university education, they need to have stable financial status. If not, application for loans can be an option just like PLUS loans. On the federal level, PLUS loans were originally made for the parents of undergraduate students where the previous name Parent Loans for Undergraduate Students Loan was got. In 2006, this kind of loan became available for the parents of Graduate and Post-Graduate Programs. This was good news for all the parents because these loans benefit the both the student and the parents. A good point with this loan is that as they obediently pay for whatever is lacking in funding for the student’s education, the parents can also begin the repayment of them immediately. There is also no grace period for repayment which means that you can consolidate them immediately if you like. Lastly, these loans have low interests and have flexible payment plans which are appealing to any borrowing parent.
pic via nhstudentloans.org
Direct PLUS loan payment details
March 25th, 2010 by carla_guillermo
You may have heard this one but do you agree with the idea that everyone has a right for good education? Well, if yes then the primary advocate for this kind of right is the parents. However, it is a sad fact that not all parents has the capacity to send their children to good universities and their need for financial aids greatly increases as time passes by. Good thing that the Direct PLUS Loan is now manageable online and it is intended for parents that assist their child’s education but required to be paid back. In times of financial hardship, parents can opt for postponing payments as long as the student is enrolled at least half time. The interest of this kind of loan can be tax deductible when parents make payments on the loan during the course of the tax year. Lastly, repayment begins 60 days after disbursement but parents can also start payments immediately.
pic via edonline.com
Student Loan Cons
March 24th, 2010 by carla_guillermo
If you read the previous article regarding the advantages of getting a student loan then you might be convinced now because there is only one disadvantage that you may encounter when you applied for a student loan. The bad point is that graduates are prohibited from discharging their student loan debt by declaring bankruptcy. The reason for this limitation is that student loan falls under social services offered by the government. You can prevent this bankruptcy incidence by self-discipline, good working condition and prompt payment.
pic via alumni.unh.edu
Basic: Direct PLUS Loan
March 23rd, 2010 by carla_guillermo
Because most of university studies nowadays require financial aid for a student to sustain education, it is not surprising that most institutions offer several types of loans like federal, private, subsidized, unsubsidized, student and parent. For parent loans, you can look at the Direct PLUS program which is a great program for parents who want to assist in paying for their child’s education but do not have the available funding. It covers the costs of education that are not covered by all the other financial aid the student receives.
pic via www.parentplusloanapplication.com
Student Loan Pros
March 22nd, 2010 by carla_guillermo
If you want to finance your higher education, the best option is to have a student loan. This safe, stable and secure mechanism has low interest rates that remain for the loan’s entire cycle. After graduation, student loan has a six-month grace period to start the repayment. The student has also the right to seek cease and desist order to the state’s education board in case of collector harassment. Lastly, the applicant can reduce their student loans through many mechanisms like non-profit or governmental organizations.
pic via students.ou.edu