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Posts Tagged ‘Economy’


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why are most major banks suspending federal consolidation loan applications?

tridoc asked:


I am newly out of school and was looking to consolidate my outstanding federal student loans (just unsubsidized and subsidized Stafford Loans), but none of the major banks will accept new loan applications. That is including Sallie Mae, Chase, and Wells Fargo. What other options do I have? I prefer major banks, especially the way are economy is right now. How long would these programs be suspended?

Settlement Credit Card Debt
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Do you think that student debt should be forgiven as a way to stimulate the economy?

Harold and Kumar for the win! asked:


Ive been doing a lot of student loan research and apparently there is a new movement of people trying to get their student debt wiped away, so that their money can be freed up to be spent, thus stimulating the economy. How do you feel about it?

I’m personally against it.

Credit Card Debt Loan

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