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

How Can Your Credit Score Be Saved With Something As Simple As A Payday Loan?

Millions of people every year fall short on various bills and lose credit points. Payday loans are a no credit check option that can ease the pain.
Millions of people every year fall short on various bills and lose credit points. Payday loans are a no credit check option that can ease the pain.

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

Facts About Installment Loans Everyone Should Know Before Applying Online

Are installment loans online safe and secure? Is applying a big hassle with tons of hoops to jump through? We have the facts you want to know.
Are installment loans online safe and secure? Is applying a big hassle with tons of hoops to jump through? We have the facts you want to know.

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

How To Get A Cash Advance Without Providing Collateral or Submitting To A Credit Check

Credit checks can hurt your credit score and providing collateral for a loan is an unneccessary risk which can be avoided.
Credit checks can hurt your credit score and providing collateral for a loan is an unneccessary risk which can be avoided.

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 Personal Loans Online Can Prevent Your FICO Credit Score From Going Down

Traditional loans require a credit check which puts a hard inquiry on your credit report which in many cases lowers your overall credit rating.
Traditional loans require a credit check which puts a hard inquiry on your credit report which in many cases lowers your overall credit rating.

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

How To Use Short Term Loans To Get Through a Budget Crisis Wisely

Everyone finds themsevles in a budget crisis from time to time and short term loans are only the answer in some circumstances when used wisely.
Everyone finds themsevles in a budget crisis from time to time and short term loans are only the answer in some circumstances when used wisely.

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