How Student Loan Debt Can Derail Your Future

July 26, 2018

Mike Meru thought he was making a good investment when he borrowed $600,000 to train as an orthodontist. But at age 37, he now owes $1 million — and despite making regular payments, he owes more every single month. In 25 years, his debt will total $2 million. While seven-figure student debts are still not something you see every day (in a story about Meru, The Wall Street Journal reported…

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Someone Took Out a Loan in Your Name. Now What?

July 12, 2018

Identity theft wears many different faces. From credit cards to student loans, thieves can open different forms of credit in your name and just like that, destroy your credit history and financial standing. If this happens to you, getting the situation fixed can be difficult and time-consuming. But you can set things right. If someone took out a loan in your name, it’s important to take action right away to…

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What Happens to a Student Credit Card After You Graduate?

June 14, 2018

Getting a student credit card while you’re in college is a smart move. It can be a great tool to learn how to handle credit cards correctly without accidentally drowning yourself in tens of thousands of dollars’ worth of debt. Moreover, credit cards allow you to get ahead of the curve by building your credit history before you even graduate. This single factor alone makes up about 15% of your…

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