College loans

One of the major expenses for individuals who have graduated from college are the student loans that they have to repay. A delay in repayment or missing an installment can affect their credit score and also future career. So it is important to evaluate all options for student loans before taking a decision.

Though a number of government sponsored programs exist which offer financial aid in the form of scholarships and loans, it is difficult for a large number of students to qualify for these programs due to their stringent requirements. College loans from private financial institutions are available for both graduate as well as undergraduate students or their family members.

Private students loans are unsecured loans which can be used to cover tuition, fees and living expenses. For many students, these loans complement the funds they have raised from other resources like their savings and financial aid from other sources. The interest rates and repayment terms can be customized as per the student’s needs.

Credit card reviews

Credit cards are very convenient for making payments both online and offline. Your credit score is a widely used criteria of your financial status. The way you use  your credit card determines your credit score to a large extent. A wide variety of credit cards are available from a large number of companies and it is important to review all the credit card features before taking a decision.

In the the current economic conditions by selecting the right credit card, you can save a substantial amount every month and also receive free bonuses. If you do not use credit cards often, you should check the various no annual fee credit cards from the various credit issuers like Discover, American Express and Visa.

If you are paying a significant amount monthly as credit card fees, you should consider transferring the balance on the credit card to another credit card which offers a 0% Intro APR. However, it is important to compare the offers for Balance Transfer Credit cards and check the duration for which the 0% Intro APR is offered, the annual fees and cashback offers if any.

Improve your credit score

One of the most widely used measures of the finances of any adult individual is his or her credit score, which can determine the eligibility for loans, interest rate and even jobs.  However, often the credit score is lower than what it should be due to inaccurate reporting or errors. It is possible for an individual to repair credit , but the process is very cumbersome and time consuming.

To alleviate this problem, individuals seeking to improve their credit score can use the credit repair services provided by companies like DSI solutions. The credit repair service will first examine the credit reports at all the major credit report bureaus – Transunion, Experian, Equifax and then work to remove the negative items which lower the credit score.

By removing even a single negative item from the credit report, an individual could save thousands of dollars. To fix credit, a user has to pay a one time setup fee of $19 and the balance in three installments of $89 each. They guarantee results within sixty days, and if there is no improvement, a customer can get his or her money back, with an additional compensation of $50 .