Dawn Papandrea – The News Desk

Best International Student Loans of April 2024

3Apr

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Money

Best International Student Loans of April 2024

How Do International Student Loans Work?Unlike U.S. citizens or eligible noncitizen students, international students do not have access to federal student loans, and scholarship opportunities are scarce. If you're an international student who needs to borrow money to fund your studies and living expenses, you may need to turn to private lenders that specialize in student loans for international students.You must use international student loans for education-related expenses including the cost of attendance, room and board, books and insurance. Unfortunately, there aren't a vast array of options for these loans. Because international students must complete the College Board's Certification of Finances form, they attest that they have the funding available to pay the tuition, fees and other...

Best International Student Loans of December 2023

24Dec

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Money

Best International Student Loans of December 2023

How Do International Student Loans Work?Unlike U.S. citizens or eligible noncitizen students, international students do not have access to federal student loans, and scholarship opportunities are scarce. If you're an international student who needs to borrow money to fund your studies and living expenses, you may need to turn to private lenders that specialize in student loans for international students.You must use international student loans for education-related expenses including the cost of attendance, room and board, books and insurance. Unfortunately, there aren't a vast array of options for these loans. Because international students must complete the College Board's Certification of Finances form, they attest that they have the funding available to pay the tuition, fees and other...

15 Fastest Co-Signer Release Student Loans of December 2023

24Dec

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Money

15 Fastest Co-Signer Release Student Loans of December 2023

What Is a Co-Signer Release?Borrowing a student loan with the help of a creditworthy co-signer can boost your chances of approval and help you qualify for better terms, like a lower interest rate. But, importantly, a co-signer is legally obligated to pay off the loan if the borrower fails to pay, and the loan shows up on the co-signer's credit report. This is why borrowers and co-signers will sometimes look for a loan that has a co-signer release option, says Elaine Rubin, director of corporate communications for Edvisors, a consumer resource for college financial aid. "A co-signer release means after meeting all the terms and conditions, the co-signer's responsibility can be removed from that loan," Rubin says.For the co-signer release to be approved, however, the borrower must make a sp...

23Dec

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Money

PenFed Student Loans Review 2023

Find the Best Student Loan Refinance Lenders Lender Learn More Fixed APR Variable APR Loan Term Lender Learn More Fixed APR Variable APR Loan Term Lender Learn More Fixed APR Variable APR Loan TermWhat Types of Student Loans Does PenFed Offer?PenFed refinances federal and private student loans.How Does PenFed Work?You can start refinancing your student loans with PenFed by filling out an online form and checking your rate. The lender says you can pre-qualify for a loan within a couple minutes, and apply for a loan online in under 15 minutes. The next step involves submitting documentation. You’ll also need to get a PenFed membership as part of the overall loan application, but anyone is allowed to join. You’ll view your loan rate and term, and then be able to e-sign your loan agreement. P...

23Dec

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Purefy Student Loans Review 2023

Borrower tip: Refinancing federal student loans into a private student loan can make you ineligible for certain types of protections, such as income-driven repayment plans, federal debt forgiveness programs and forbearance/deferment options through the Department of Education. Find the Best Student Loan Refinance Lenders Lender Learn More Fixed APR Variable APR Loan Term Lender Learn More Fixed APR Variable APR Loan Term Lender Learn More Fixed APR Variable APR Loan TermWhat Types of Student Loans Does Purefy Offer?Purefy is a student loan marketplace and not a direct lender. Borrowers can compare prequalified rates for private or refinanced student loans and then apply online. How Does Purefy Work?You will begin by completing a form with a few details about yourself, and...

20Dec

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Money

What Is Escrow? | Mortgages and Advice

Most people never encounter the concept of escrow until they buy a home. Escrow accounts are set up by third parties as a safe place to hold money. They are used for two main purposes when it comes to real estate: during a home purchase and afterward as an easy way for homeowners to save for property tax and insurance costs. Here's what you need to know about escrow accounts, how they help facilitate a home purchase and how they help you manage your home expenses after the sale.What Does Escrow Mean?Generally, escrow is a type of account. It is held and managed by an escrow agent – a neutral third party who not only receives money, but can disperse it. The escrow account is held for two primary parties until a transaction is finalized or a contract's requirements are met. Escrow accounts ...

What Is a Purchase APR? | Credit Card News & Advice

19Dec

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Money

What Is a Purchase APR? | Credit Card News & Advice

Every credit card has certain terms and features you should be aware of – and purchase APR is one of the most important. The APR, which stands for annual percentage rate, is the amount of interest you will pay if you carry a balance.While there are a few different types of APR, perhaps the most important is the purchase APR. Learn more about what it is, how it’s determined and how to qualify for a competitive rate.What Is Purchase APR? Purchase APR is a measure of how much interest you pay on a balance from purchases that you make, says Matthew Goldman, founder of Totavi, a fintech advisory service.Though some cards have a single rate for all types of transactions, many have different APRs. The purchase APR applies every time you buy something from a merchant or service provider.Why Purch...

17Dec

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Money

Today’s 10 Year Fixed Mortgage Rates

National Average Mortgage RatesRates data is based on a borrower with good credit, a conforming loan amount (at least $200,000 but less than the national conforming loan amount), and a loan-to-value ratio of less than 80% (For purchase loans, this corresponds to a down payment of 20% or more). © Zillow, Inc., 2006-2016. Use is subject to Terms of UseU.S. News Expert Insights “Mortgage rates retreated further this week as incoming data on inflation and the labor market continues to point to a cooling economy. In its December meeting, the Federal Reserve elected to hold the federal funds rate at 5.25% to 5.5%, where it's been since July. It appears that the Fed's rate-hike cycle has likely come to an end, so now investors have turned their attention to when rate cuts might com...

Today’s 15-Year Mortgage Refinance Rates

17Dec

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Money

Today’s 15-Year Mortgage Refinance Rates

National Average Mortgage RatesRates data is based on a borrower with good credit, a conforming loan amount (at least $200,000 but less than the national conforming loan amount), and a loan-to-value ratio of less than 80% (For purchase loans, this corresponds to a down payment of 20% or more). © Zillow, Inc., 2006-2016. Use is subject to Terms of UseU.S. News Expert Insights “Mortgage rates retreated further this week as incoming data on inflation and the labor market continues to point to a cooling economy. In its December meeting, the Federal Reserve elected to hold the federal funds rate at 5.25% to 5.5%, where it's been since July. It appears that the Fed's rate-hike cycle has likely come to an end, so now investors have turned their attention to when rate cuts might com...

Today’s 30-Year Mortgage Refinance Rates

16Dec

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Money

Today’s 30-Year Mortgage Refinance Rates

National Average Mortgage RatesRates data is based on a borrower with good credit, a conforming loan amount (at least $200,000 but less than the national conforming loan amount), and a loan-to-value ratio of less than 80% (For purchase loans, this corresponds to a down payment of 20% or more). © Zillow, Inc., 2006-2016. Use is subject to Terms of UseU.S. News Expert Insights “Mortgage rates retreated further this week as incoming data on inflation and the labor market continues to point to a cooling economy. In its December meeting, the Federal Reserve elected to hold the federal funds rate at 5.25% to 5.5%, where it's been since July. It appears that the Fed's rate-hike cycle has likely come to an end, so now investors have turned their attention to when rate cuts might com...