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Credit card debts not the biggest anymore

[Sunday, April 24th, 2011]

Credit cards aren’t the biggest source of American debt anymore as student loans seem to have exceeded them this year. The student loan debt which could well reach the trillion dollar mark this year is currently at $800 million, over and above the credit card debt. In fact, students from many universities feel that this is a genuine crisis that can have long standing implications on their career, and could put them in a dilemma regarding the options that they have.

Student loans could increase in magnitude with planned cuts in the PELL grants for students from low income groups. There are expected cuts in the HOPE scholarship program as well and together, the implications could be serious and could mean more borrowing for the students. Students have been advised by financial aid directors to only borrow what they really need to.  Keeping the debt levels low is of paramount importance. This is because the amount of loan can affect the career path. Hence students have been advised to keep the debt to a level where they can fulfill their goals. It is strictly unadvisable to have debts higher than what they really need.

Students have also received words of courage, when it comes to repayment. Lenders are indeed willing to help students in financial trouble as they wouldn’t want students to really go into default. There have been promises of regulation in the student loan industry as per the student aid and fiscal responsibility act that was passed last month.

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New Marriott Bonvoy Bold Credit Card VS Marriott Bonvoy Boundless Credit Card
[June 21st, 2019]

A short time ago, the largest world hotel chain – Marriott International together with Chase Bank have pleased their customers with a new hotel credit card – the Marriott Bonvoy Bold™ Credit Card. Marriott loyal fans are most likely aware that the Bold card is not the first Marriott and Chase joint credit card. Their first co-branded card is the Marriott Bonvoy Boundless™

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New Apple Card Coming Soon
[April 3rd, 2019]

There is already a Barclaycard Visa with Apple Rewards credit card, Apple Cash card, and recently Apple announced a new card – Apple Card. It is an innovative credit card that will be available in the U.S. this summer.

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Experts Offer Their Best Tips For Keeping Your Financial New Year’s Resolutions
[January 6th, 2019]

As the winter holidays fade into memory and the new year advances, many people find that their resolutions to lose weight, eat better, go to the gym, get more organized, and generally be better versions of themselves also recede into the distance.

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