Student Loans and Your Debt-To-Income Ratio
Debt-to-income ratios have a huge impact on any credit decision. Student loan borrowers have opportunities to manipulate the numbers to improve future applications.
Latest Posts in Living with Student Loans
Living with student loans doesn’t mean putting life on hold. From buying a home to saving for retirement, we break down how to move forward financially—debt and all.
Student Loans, Rent, and Retirement: How to Build Wealth and Fight Debt
It is possible to build wealth while living with student loans. The key is to identify your personal priorities and best opportunities.
Should I pay extra on my student loans or my mortgage?
Key differences in tax advantages, forgiveness programs, and refinancing make the debt elimination decision more complicated.
PSA: DO NOT Add Cosigners to your Existing Loans
Lenders might ask a borrower to add another cosigner to their loan, but borrowers should say no to this request.
Do I need a divorce for lower student loan payments?
There is a marriage penalty with student loans. Careful repayment plan selection and tax preparation often means that resorting to a divorce isn’t necessary.
Is it a good idea to pay off student loans with a HELOC?
Using a Home Equity Line of Credit (HELOC) to pay off student loans has a couple big advantages, but it comes with major risks.
Should I pay off my car loan first or my student loans?
Several factors need to be considered when deciding whether a car loan or a student loan should get paid first.
Should I pay off my credit cards or student loans first?
Paying off credit cards first normally saves the most money, but there are times it makes sense to prioritize student loans.
Scam Alert: Fake Settlement Offers
Student loan scammers are trying to trick borrowers into making a large payment to “settle” their debt. Several red flags make it clear these emails are not legitimate.
