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How Online Tools Can Help Manage Debt

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Now a days it seems that racking up debt in some form or another is just a part of life. In other words, chances are you’re going to need to take out a loan at some point or another. These loans may be for college, a new car or even that house you’ve always wanted. While this debt can be stressful, it is oftentimes necessary. Due to this, it’s important that you utilize every tool at your disposal to manage your loan payments and lessen the stress commonly associated with debt. Online tools such as Mint.com have proven to be extremely valuable in this sector – let’s see why. Payment Notifications Perhaps you have a business meeting one day, your child’s soccer game the next and a get together with friends on the meeting. Add on to that all of the responsibilities you’re sure to have at work and in your home and it’s easy to see why many complain of having a hectic life. With so much going on in your life, it can be very easy to forget which day you need to make a loan paymen...

Student Debt Still Plaguing Older Americans

Depending on whom you talk to, it’s generally agreed upon that going to college is great for your future. It will not only give you the skills and degrees you need to make a sizeable income in the future, but also the social skills you need to succeed in the real world. Unfortunately, going to college is very expensive, as you’re sure to know. Depending what university you go to, you may be walking away with upwards of $100,000 worth of debt once it’s done – provided you’re following the norm and getting student loans. This gets even worse once you consider the fact that many people are opting for graduate school. That’s another $100,000 or more added on to your undergraduate debt depending on what degree you choose to pursue. In olden days, it was generally assumed that the increased income you would make from your college degree would help to pay off these loans in a timely fashion. Unfortunately, this doesn’t seem to be the case. Reports have begun flocking in of thousands up...