Debt and Loans

Strategies for Paying Off Debt and Gaining Financial Freedom

Financial freedom means covering all your expenses, building savings, and staying out of debt for the long term. With student loan debt, inflation, a reliance on credit cards, and other financial challenges, it’s normal to feel getting out of debt is almost impossible. Though it may seem challenging, gaining financial independence is possible. All you …

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What Happens if You Default on Student Loans

In addition to some people opting to walk away from their mortgages, the temptation to default on student loans is growing. Unfortunately, defaulting on student loans can have even worse consequences than defaulting on a mortgage. So, let’s go over what will happen if you default, and options for avoiding default. What Qualifies as Default? The government …

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