Category:
Debt Relief

Student Loan Debt Statistics

Student Loan and Credit Card Debt Statistics From The NFCS

By George Morris | August 18, 2016

American consumers are improving at paying off their credit-card balances, but experts say a new array of diverse products have complicated the financial goal-setting process. More consumers, young and old,…

Debt Services Header Featured

Credit Card Debt Relief

By George Morris | July 5, 2016

Credit Counseling Certified credit counselors provide free budget and credit counseling that can help you get a handle on your debt. Credit counseling is confidential and will not impact your…

How I became a credit counselor

How I Became a Credit Counselor

By George Morris | June 30, 2016

Anouska Livingston was pregnant, unemployed, in debt and stressed out. The last thing she needed was to go in a store and see what diapers cost. “How am I going…

Who is the NFCC, and what do they do

What Is the NFCC?

By George Morris | May 25, 2016

The NFCC has developed extensive tools and training that allow its member organizations to deliver a high level of financial education and counseling to millions of clients nationwide. “Despite new…

Get out of debt and become debt free

How To Become Debt Free

By George Morris | May 12, 2016

Here’s the easiest quiz you’ll ever take: Would you like to sleep better, have a happy marriage, improve your health, have more confidence and be able to help your family…

Moneybags and stacks of coins with graduation cap on top

Student Loan Interest Tax Benefits: Fact vs. Fiction

By George Morris | March 25, 2016

With tax season in full swing, I thought I would address some frequently asked questions about student loan interest tax benefits.  Here are a few facts and misconceptions about the…

Learn how to deal with your student loans after you've graduated

Recent Graduate Student Loan Survival Kit

By George Morris | March 25, 2016

Congratulations! You made it. You graduated from college. Your first student loan payment will be due soon. This guide is designed to help you estimate your future monthly payment, understand…

Graduation cap with weighted "debt" chained to it

Student Loan Forgiveness For Nonprofit Employees

By George Morris | March 25, 2016

Teachers, police and hospital workers are often hailed as heroes. As nice as the praise is, it doesn’t put food on the table or lower their bills. For millions of…

Illustrated picture of types of public services employees in uniform

Student Loan Forgiveness

By George Morris | March 25, 2016

Debt consolidation is a sensible solution for consumers overwhelmed by credit card debt. It can be done with or without a loan. Consolidation cuts costs by lowering the interest rate…

Helpful Student Loan Information

Helpful Student Loan Information

By George Morris | March 25, 2016

Thank you for visiting us. We hope the following information helps you find student loan debt relief. Federal or Private? The student loan debt relief options below are available for federal…

Sources:

  1. Kieffer, C., Lusardi, A., Mottola, G., Walsh, G., (2016), National Financial Capability Study, FINRA Education Foundation. Retrieved from http://www.usfinancialcapability.org/downloads/NFCS_2015_Report_Natl_Findings.pdf
  2. NA (2015), Board of Governors of the Federal Reserve System. Retrieved from http://www.federalreserve.gov/releases/g19/current/#fn3a
  3. Steverman, B. (2016, 9 February), Americans Can’t Help Themselves From Borrowing More On Credit Cards, Bloomberg News. Retrieved from http://www.bloomberg.com/news/articles/2016-02-09/americans-can-t-help-themselves-from-borrowing-more-on-credit-cards