Congratulations! You’ve graduated. But you haven’t yet been hit with the reality of repaying all those student loans. You are likely very much enjoying your grace period. How about instead of ignoring the inevitable you take advantage of this time? Here are some things you can do to take advantage of your grace period. In…
I’m sure you, like me, can come up with debt repayment plans all day long. Well if I pay this much per month I’ll be debt-free by around this date. But then reality sets in, that I can’t actually pay that much each month. Throw in some curveballs from life and next thing you know…
In the U.S. if you have federally backed student loans you have a myriad of repayment options available to you including some flexible repayment options dependent upon your income. With the average amount of student loan debt on the rise, and the recession still affecting starting salaries the federal government recognized (especially after so many…
When I started this blog back in August 2014, I had $6,177 worth of credit card debt. I had been well aware of this debt for a while. At the beginning of 2014, I actually had just under $8,000 worth of credit card debt. I wish I could say that once I realized I had…
My debt repayment journey started by checking my credit score. I quickly realized how bad my credit was and knew I had to improve it. I went from having a score of 640 to 749 in less than a year. It now nears 800. There are a combination of things that resulted in raising my…
The first step in any debt repayment plan is to decide what order you are going to pay off your debt. You need to prioritize because if you try to tackle too many things at once you won’t get anywhere with any of them. There are two main methods used to prioritize your debt repayment. One focuses…