How to compute an annual compound interest rate

It's the little things like compound interest that can get you in the end. Learn how to compute compound interest and avoid bankruptcy.
Close-up of interest rate calculations written in ink on a piece of paper.

Value of college questioned with high loans and unemployment

As student loan balances and unemployment grow, people are beginning to question the value of college. The numbers say it does have value.
College Graduates

Personal loans to attend for-profit schools can be risky

Borrowing personal loans to attend a for-profit college may not be the best choice, as they are riskier than their nonprofit counterparts.
College graduates

Is Applying For A Payday Loan Through A Direct Lender The Best Option?

Using a lender matching service can get you cash in as little as 2 hours. Direct lenders have a very high denial rate for applications.
Using a lender matching service can get you cash in as little as 2 hours. Direct lenders have a very high denial rate for applications.

Students have a hard time paying off personal loans

College graduates are having an increasingly difficult time paying back student loans. One in four struggle, and 7 percent are in default.
Students in graduation attire

Kiva expands P2P loans to green ideas and student loans

Microlending nonprofit Kiva is working on expanding its business to lending for environmental changes and students in third-world countries.
Solar Panels

Students optimistic about the future, despite expecting less cash

People ages 18 to 24 are optimistic about their futures, despite the fact that many of them think they won't be as wealthy as their parents.
College students graduating

How Can Installment Loans Help Protect Your Credit Rating?

There are millions of people each year that ruin their credit score because they did not know they could use installment loans to pay their bills before defaulting.
There are millions of people each year that ruin their credit score because they did not know they could use installment loans to pay their bills before defaulting.

How to remove a co-signer from a student loan

If you've co-signed on a student loan but want out, there are a few things you can try to have your name removed from the paperwork.
A graduate mortarboard cap and diploma, as well as a male hand that is handcuffed to a stack of money, are visible.

State university tuition hikes to lead to more student debt

The cost of tuition for higher education is increasing, and state universities are likely to keep raising rates because of budget cuts.
University

Some colleges considering rejecting student loan funding

Facing high default rates and new rules aimed at for-profit schools, some community colleges are opting out of federal loan programs.
Graduation

Do Not Fall Behind On Your Bills - See How Short Term Loans Can Help Prevent Late Fees and Penalties.

Short term loans can help you stay current on your bills by providing quick cash so you do not rack up expensive late fees and penalty charges.
Short term loans can help you stay current on your bills by providing quick cash so you do not rack up expensive late fees and penalty charges.

College financial aid advice for middle-class families

Finding financial aid for middle-income families is easier if you have a plan. Search for need- and merit-based, and don't forget tax breaks.
A young female graduate in black cap and gown.

Consumers borrowing more money but not from credit cards

A recently released Federal Reserve report indicates that more people are borrowing money, but fewer of them are doing so with credit cards.
Credit Card

Everything parents need to know about their student loan options

A thorough understanding of student loans is vital. Everyone should research grant and scholarship opportunities before applying for loans..
College students

How To Get A Cash Advance Even With Bad Credit and Bankruptcy On Your Record

Not many people know they are still eligible for cash advances after bankruptcy or losing their credit. There are no credit checks so bad credit does not affect eligibility.
Not many people know they are still eligible for cash advances after bankruptcy or losing their credit. There are no credit checks so bad credit does not affect eligibility.

Death may not end student loan obligations

Many families who are grieving the loss of a child are finding that they are also responsible for paying off thousands in student loans.
Student loans

For-profit colleges have highest rate of default on student loans

A recent study by the Department of Education looked at student loan default rates. Students from private, for-profit schools defaulted most.
College

Student loans are income, say credit card companies

Even though the Credit Card Act of 2009 made a difference in credit card laws, credit card companies are now considering student loans "income."
Credit Card

Keep Your Debt to Credit Ratio Down By Using Personal Loans Instead of Credit Cards

The higher your credit balance the lower your credit score may be. Personal loans online do not go on your credit report in most cases.
The higher your credit balance the lower your credit score may be. Personal loans online do not go on your credit report in most cases.

Consumer credit increased by $1.3 billion in November

Consumer credit rose in November, according to Bloomberg. The United States saw a $1.3 billion increase, largely in auto and student loans.
The American Express, VISA and MasterCard logos displayed on a storefront sign.

Financial Football: Personal finance for rookies from Drew Brees

Financial Football is an online game that blends personal finance and the gridiron; Saints quarterback Super Bowl MVP Drew Brees endorses it.
drew brees face of financial football