Just another college kid, but I want to make a difference...
Date: Wed, 01/24/2007 - 20:03
Submitted by infinitytimes82
on
Wed, 01/24/2007 - 20:03
Total Replies: 2
I'm really not sure what to do, as I've never filled out the FAFSA form, or even taken a real loan thus far, so I'm going to need help after next quarter's tuition kicks in...
I honestly have no issues with how I spend my money, I am just interested in discussing the ins and outs of loans and managing the debt from them as preventative maintenance.
I also have recently started using my first 0% apr credit card, and would like a bit of advice on how to pay it off in time.
I hope to learn these things, and help motivate people to eliminate their debts, and continue to manage their money well after the debts are gone! I think it's really important that we all feel financially secure, and I believe I will be able to help more people to feel secure, and hopefully learn a thing or two along the way.
After all: "You can't bear a torch to light another's path, without brightening your own." :D
You are on the right track. Once you realize the problem about y
You are on the right track. Once you realize the problem about your finance, I am sure you will be more alert in the future and won't make harsh decisions. Make sure that you make timely and full payments to your credit card. This will be reflected in your credit history and your future lenders will be willing to extend new credit. They won't see you as a risk to their finance. If you miss any payment, there will be a negative scar in your file.
Probably a debt management program will be better option in paying your existing debts. You can tailor the program according to your present financial condition and pay at a lower interest rate with most fees being waived off. Take some professional advice from a debt counselor.
Thanks!
Thanks for the advice Howard! Wow, I'm already getting some excellent help and I've only made my first post. I like where this is headed...:D