The struggling economy has made things tough all over, especially for recent college graduates. Besides regular expenses like rent, utilities and groceries, they have thousands of dollars to repay for student loans. Add credit card debt to the mix and it's easy to see how someone could feel overwhelmed. A debt consolidation loan, like the ones offered by Bills.com, might be just what they need to help them pay all their bills off faster.

Anyone can lose track of his spending and end up in debt. Credit counseling services are great and they can help with lowering the amount owed to each creditor, but college students and recent college graduates often have limited funds so this option isn't really good for them. A debt consolidation loan through Bills.com pays all creditors, then the borrower only makes one payment on one bill, instead of having the payment divided evenly between several bills.

Getting out of debt in these tough economic times could be challenging. College students and recent college graduates don't usually own homes so refinancing a mortgage isn't an option. And bankruptcy should be seen as an absolute last resort. Bills.com explains all the bill consolidation options available, they offer advice on what should be considered before deciding to get a debt consolidation loan, and they give free quotes online.

Posted by Candice Arnold on November 10, 2008 at 7:35 AM | Leave a Comment (0)

Whether you're going to college for the first time, going back to complete your studies or pursue a graduate degree, paying for tuition is not likely to be easy. One way students and recent college graduates have come up with to help ease the financial burden is opening franchises. Another way to earn extra money to pay off college debts is online trading.

It may not sound like an option, but online brokers like Firstrade make it affordable for anyone to invest in the future. Because they are a discount broker, Firstrade has affordable fees and other incentives like no-fee IRAs.

It's true the economy is struggling but that doesn't mean that all stock trading has come to a halt. The beauty of investing in stocks, bonds, mutual funds, etc., is that your money works for you instead of vice versa. Firstrade has an interactive demo, a site tour and a Knowledge Center to help anyone interested in online trading to learn about the numerous investment options available as well as the tax implications involved. They also offer live chats with Firstrade representatives. Students who invest a portion of their income from part-time jobs, paid internships, or franchises while they're going to college might end up with more than enough to pay off their student loans after graduation.

Posted by Candice Arnold on November 7, 2008 at 9:13 AM | Leave a Comment (0)

Do you have lots of different students loans, and are slowly going crazy trying to remember when they're all due and how much you need to pay? If so, then consolidating your student loans into one loan will make your life a lot easier. But before you sign a loan contract, make sure you shop around for the best interest rate you can get.

One of the most important things you can do in order to get a good interest rate is to have good credit. This sounds very simple, but plenty of people go loan shopping without even knowing what their FICO score is. Continue reading about the best student loan consolidation rates ...

Article by, Inspiron and courtesy of Student Loan Consolidation Rebate

Posted by Candice Arnold on November 7, 2008 at 7:54 AM | Leave a Comment (1)