Posts Tagged ‘federal’

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Best School Loan Consolidation Options


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Best School Loan Consolidation Options

1. Federal loan consolidation

2. Private loan consolidation

Federal loan versus Private – The Difference:

Federal loan consolidation is a tool to refinance federal education loan only while Private loan consolidation is a way to refinance private education loan only. The main difference is that a federal loan consolidation comes with a fixed interest rate while private loan consolidation comes with a market rate that may be fixed or variable.

If you consolidate both federal and private loans, you should make sure to keep them separate, i.e. refinancing a federal loan with a private loan will most likely result in a much higher interest charge, if compared to the amount you would pay by keeping them separately.

Our Advice: Research thoroughly about all consolidation options first and only then choose to consolidate your school loans.

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debt free money pt1

The Bromsgrove Group on publicly created debt free money, Alistair McConnachie. Im not sure where I got this but its from the UK and is a great spech on money, how it works & how we can use it to become debt free.

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Credit Card Collapse

How to deal with Credit Card Debt. Collection agency will be after you. Action: 1. Read Fair Debt Collection Practices Act. Know your rights. Do not blow 30 day window to dispute the debt (validate it). Download letter sample at http://www.awakeningblog.com/books.html
If they call you tell them that you understand that they want to collect debt, so please send me letter so I know who is trying to collect it. Good luck. Please share results if any. Make sure you understand to whom FDCPA applies. It is not a legal advise.

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The Bankruptcy of The United States – James Traficant

The Bankruptcy of The United States
United States Congressional Record, March 17, 1993 Vol. 33, Page H-1303

Speaker-Rep. James Traficant, Jr. (Ohio) addressing the House:

This tells a lot take the time to watch and read.

Knowledge: http://www.InfoFlix.tv

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President Obama predicts US Bankruptcy – BREAKING NEWS

In an ABC news interview, president Obama predicts the bankruptcy of the federal government. It is as such remarkable, because it is the first time a president talks about this as an option: http://abcnews.go.com/video/playerIndex?id=9358333

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