Posts by Holli

The settlement reached last week with Navient is intended to resolve claims that Navient allegedly improperly steered some federal student loan borrowers into forbearance – instead of federal student loan relief programs, like Income Based Repayment, and issued high-interest private student loans to borrowers attending predatory for-profit schools where they were unlikely to succeed or…

Hear ye! Hear ye! Okay, now that I hopefully have your attention…the “rumors” are correct. If you have federal student loans, your payments do not (have to) begin again until May 1, 2022. If you were unaware, they were due to begin end of January 2022. Why the “have to”? If you noticed, I said…

Recently, I had a client with a multitude of small payments due that I was wondering what is going on here?  They were adding up SO fast that the client had simply lost track and needed some help. Welcome to BNPL. Buy now, pay later (BNPL) is a payment plan that lets you break up…

Give yourself the gift of a “financial stress-free” holiday this year! You deserve it. It’s been a hard-enough year.  It IS possible to celebrate without spending all of your cash or maxing out your credit cards. Stay on budget…and don’t get wrapped up in holiday spending!!  (See what I did there?) Set Holiday Spending Limits…

It’s easier to review your credit report successfully when you know and understand all the parts, what they mean, and how they affect your credit situation. AND….GO… Personal Information Credit reporting agencies use your personal information to confirm you are the person who opened the accounts listed on your report. Check this section carefully to…

You’ve probably been hearing all about this: THIS holiday season, it might be harder to find the gifts you’re looking for. Many of us are looking for alternatives, like buying locally – or maybe from online marketplaces, social media sites, online ads, etc. If that’s you heading online, here are some tips you can do…

You didn’t think I would forget the second part of the most common debt payoff mistakes, did you? Read on… 7. No Plan To successfully get out of debt, you need a plan. Very simple. Throwing money at various debts is okay. However, with a plan, success happens FASTER. Knowing when a debt will be…

I get it. I get it. We are regularly writing these articles to review how to become debt free and suggest relatively the same steps over and over again. But maybe, just maybe, in the midst of those steps, you are also making a few mistakes when it comes to your debt payoff plan! Read…

Before you even fill out the application for a home loan, make sure you’re prepared. Here are 5 things that might stop you from getting a mortgage. Your Credit Score Isn’t What You Think It is Did you know that you have more than one credit score?? Fewer than 10 percent of Americans know this.…

Secured Debt is… Debt is secured when the creditor takes a “security interest” in collateral. Sounds confusing but the concept is simple. For some types of debt, creditors want to know what they can get their money back without too much trouble if you don’t pay them. Taking a security interest accomplishes this. For personal…