6 01, 2015

College Financial Aid: The Future Is Now!

2015-01-06T06:00:53+00:00Borrow, College|0 Comments

It's Time to Fill Out a College Financial Aid Form for Fall 2015 The new Free Application for Federal Student Aid, known as the Fafsa, became available online on Jan. 1. This is the starting point for students and families seeking federal aid. It is used by most states and colleges as part of the student aid process. The form collects financial and personal information about [...]

16 09, 2014

Federal Student Aid

2014-09-16T06:00:02+00:00Borrow, College, Education|0 Comments

 There Is No Getting Around It - College Is Expensive! We did a post last May that reported here, in Connecticut, yearly college costs varied from twelve thousand dollars at Charter Oak State College to over 61 thousand dollars at Yale. Very few families have the financial resources to cover those kind of expenses without help. According to USA Today: More college students are receiving loans, grants and other [...]

20 05, 2014

Repaying Student Loans: Start Here

2014-05-20T06:00:13+00:00Borrow|0 Comments

Ron Lieber opened his recent New York Times column with some strong words: Too many people, including plenty of brand-new college graduates, fall far behind on their student loan payments for no good reason. (A Beginner’s Guide to Repaying Student Loans, NYT, 5/15/2014) Ron Lieber is the “Your Money” columnist for The New York Times. In spite of what you may infer from that opening statement, Mr. Lieber's column [...]

22 04, 2014

Reverse Mortgages: Part II, What to Be Careful About

2014-04-22T06:00:59+00:00Borrow, Retirement|0 Comments

If you’re 62 or older – and looking for money to finance a home improvement, pay off your current mortgage, supplement your retirement income, or pay for healthcare expenses – you may be considering a reverse mortgage. It’s a product that allows you to convert part of the equity in your home into cash without having to sell your home or pay additional monthly bills. Reverse [...]

8 04, 2014

Reverse Mortgages: Part I, The Good, the Bad

2014-04-08T06:00:48+00:00Borrow, Retirement|0 Comments

If you’re 62 or older – and looking for money to finance a home improvement, pay off your current mortgage, supplement your retirement income, or pay for healthcare expenses – you may be considering a reverse mortgage. It’s a product that allows you to convert part of the equity in your home into cash without having to sell your home or pay additional monthly bills. Reverse [...]

18 03, 2014

Harmful Home Equity Practices

2014-03-18T06:00:17+00:00Borrow|0 Comments

This is the last of four planned posts on the subject of home equity loans. We’re using a four part article published by the Federal Trade Commission (FTC) on their Consumer Information website. You can and should visit this site, not only to view this article but to see the other topics of information that pertain to many of us. Click here to visit. Four part Series: Home [...]

11 03, 2014

The Three-Day Cancellation Rule (Home Equity Loans)

2014-03-11T06:00:45+00:00Borrow|0 Comments

This is the third of four planned posts on the subject of home equity loans. We’re using a four part article published by the Federal Trade Commission (FTC) on their Consumer Information website. You can and should visit this site, not only to view this article but to see the other topics of information that pertain to many of us. Click here to visit. Four part Series: Home [...]

4 03, 2014

Home Equity Line of Credit

2014-03-04T06:00:41+00:00Borrow|0 Comments

This is the second of four planned posts on the subject of home equity loans. We’re using a four part article published by the Federal Trade Commission (FTC) on their Consumer Information website. You can and should visit this site, not only to view this article but to see the other topics of information that pertain to many of us. Click here to visit. Four part Series: Home [...]

25 02, 2014

Home Equity Loans

2014-02-25T06:00:22+00:00Borrow|0 Comments

This is the first of four planned posts on the subject of home equity loans. We’re using a four part article published by the Federal Trade Commission (FTC) on their Consumer Information website. You can and should visit this site, not only to view this article but to see the other topics of information that pertain to many of us. Click here to visit. Four part [...]

19 02, 2014

How’s Your Credit?

2014-02-19T06:00:49+00:00Borrow, Protect|0 Comments

It almost goes without saying, good credit is vital to enjoying many of the important things in life. Our homes, our children’s higher education, automobiles and many other purchases are quite often financed based on our credit. So it is important to have and maintain good credit.  Of course, as part of that, you need to: Buy only what you can afford Borrow wisely Pay bills [...]