Blog categorized as Managing Debt

Refinancing student loans | Tempted by the rate to refinance?

Given that interest rates are so low right now, have you been getting

those really low interest rate offers? You may be wondering what to do. Let's talk about what other factors you should be considering.


Recently, I've been getting a lot of questions wondering if they should refinance. Given that int...

Jack
26.01.21 02:00 PM - Comment(s)
Student loan forgiveness? It’s more complicated than you may think.

Student loan forgiveness would be nice to have but probably shouldn't count on it. Kind of like winning the lottery but it doesn't happen often. There are a number of issues that have to get resolved before the Biden administration would be able to do this even though some have argued that President...

Jack
12.01.21 08:00 AM - Comment(s)
It's not just the rate
I was speaking with a few people last week regarding an idea they had. During this time, to provide a little bit more peace of mind if you're still working is to get a line of credit that you can tap so that in the case of emergency. For homeowners, that...
Jack
04.05.20 10:29 PM - Comment(s)
Save vs pay down debt in the age of pandemic

One question that I’m getting a lot right now is about this age old topic - should I be saving my money or paying down debt? In this age where we’re all sitting at home, some working, some not, the answer is not so obvious.

 

This question came in from a few clients who have taken loans recently ...

Jack
22.04.20 12:41 PM - Comment(s)
Rethinking strategies for managing debt in the age of coronavirus

One topic that I’ve been asked by many people is on managing debt - credit cards, student loans, etc. In the current situation, how should strategies for managing debt change?

 

Obviously, if you’ve lost your job if you were the sole income source, or had your income substantially reduced, then c...

Jack
01.04.20 08:25 AM - Comment(s)