Admin Sallie Mae vs. Discover student loans: Which is better? Sallie Mae and Discover are two big names in student loans, offering private student loans to both undergraduate and graduate students. Sallie Mae offers lenders multiple payment options and comprehensive online resources to help students navigate financial aid. Discovery, on the other hand, is a more … Read more
How to Obtain a Student Loan Without the Help of a Parent To get a student loan without a parent, you must be considered an independent student—or find other resources to fund your education. Although it may be difficult to qualify, an independent student loan may not be out of reach. As long as you … Read more
Granite state management and resource review: What student loan lenders need to know Granite State Management & Resources (GSM&R) is a student loan management company that manages private student loans. The company once managed federal loans, but its contract with the US Department of Education expires at the end of 2021. If this company is … Read more
What is a federal Direct Loan and How does it work? Direct loans are federal student loans given by the United States Department of Education. These loans are an excellent starting point for most borrowers, as they offer low interest rates and generous protection for the borrower. Federal Direct Loans are available to both undergraduate … Read more
Which Student Loan Should You Pay Off First? The average college graduate ends up with more than $37,000 in student debt. Finishing school, finding work, and balancing new financial priorities can be overwhelming when you combine—especially if paying off student loans requires paying several hundred dollars a month. Having a debt management strategy and dealing … Read more
What is a private student loan and its pros and cons? Funding a college education can be a challenge for many student loan borrowers, with annual costs exceeding $26,000, according to the Education Data Initiative. When grants, scholarships, and federal student loans aren’t enough, private student loans can help make up the difference. Funded by … Read more
When to consider a fast business loan The main points Businesses that want quick funds to pay bills or capitalize on an opportunity should look into fast business loans. Fast Business Loans can be approved in less than 24 hours. Fast business loans may not have the best terms, so it is important to consider … Read more
Alternatives to short-term business loans The main points Long-term loans, lines of credit, and SBA loans are alternatives to short-term loans. Grants, business credit cards, peer-to-peer loans, and crowdfunding are also viable alternatives to short-term loans. To choose the right loan option for your business, consider the term length, interest rate, requirements, terms and conditions. … Read more
What exactly is a fast business loan, and how does it work? The main points Fast business loans are a form of finance for business owners that need funds quickly. Fast business loans might be unsecured or secured, and some lenders may need you to provide a personal guarantee. Fast business loans are usually offered … Read more
What is the cost of a business line of credit? A business line of credit is like a credit card: You can borrow with a maximum spending limit and only pay interest on the amount you use. It is a flexible option that can help business owners cover daily expenses. As with any business loan, … Read more