NEW YORK – October 20, 2022 – (Newswire.com)

For some, student loan debt can feel like a weight they can’t shake. But with a plan, borrowers can pay off their loans faster and start feeling relief from student loan stress. Here are things to consider and four tips to get started. 

Is paying off student loans early beneficial? 

While there’s no right or wrong answer, there are some things to consider before making the decision to pay off your student loan debt ahead of schedule. If borrowers have the financial means to do so, paying off their loans early can save them money in the long run. Early payoffs can minimize the amount of interest accrued and free up monthly income to allow for more financial flexibility down the road.

Of course, there are also some drawbacks to early student loan payoff. For one thing, borrowers may forfeit certain repayment benefits, such as forbearance or federal loan forgiveness options. Additionally, if they have multiple loans with different interest rates, it may make more financial sense to focus on paying off the loan with the highest interest rate first. 

Ultimately, the best way for borrowers to decide if they should pay off their student loans early is to weigh the pros and cons carefully and decide what is right for their unique financial situation.

Ways to pay off student loans faster

1. Student loan refinancing – One way to potentially start paying student loans off faster is to refinance them. Student loan refinancing is available for federal and private student loans. Through refinancing, one could potentially combine their loans and replace current debt with a new loan that offers a lower interest rate to reduce the monthly payment and/or shorten the term. Keep in mind, if one refinances a federal student loan, one will no longer qualify for existing or future benefits offered by the federal government to federal student loan holders. Please consult www.studentaid.gov for the most current information about any federal student loan benefits. Many lenders offer student loan refinancing, so be sure to shop around, compare rates, and be sure to understand all the terms and conditions of the new loan before signing the dotted line. 

2. Automate payments – One of the best ways to ensure that student loan payments are always on time is to set up automatic payments. This way, the payment will be taken from the borrower’s bank account automatically each month, eliminating the risk of late payments and added penalties.

3. Make extra payments when possible – If borrowers find they have some extra money coming in (from a bonus at work, for example), they should consider making an extra student loan payment in addition to their regularly scheduled payments. This will help lower the principal balance and in turn, cut down on the amount of interest overall. Even if it’s just a few hundred dollars, every little bit helps to pay off student loans faster.

The bottom line

Paying off student loans early can be a smart financial move, but it’s not right for everyone. Borrowers should carefully consider their unique situation and all their options before making a decision. Those who decide to go ahead with early student loan payoff can use the tips above to make the process as smooth and stress-free as possible.

Contact Information:

Carolina d’Arbelles-Valle

Senior Public Relations Specialist

carolina.darbellesv@iquanti.com

(201) 633-2125

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Laurel Road: 3 Tips to Pay Student Loans Off Faster

NEW YORK – October 20, 2022 – (Newswire.com)

All parents and hopeful par…

Professional fundraiser to run online Competition geared toward bakers on behalf of DTCare

PHOENIX – …

Petition to Congress Gaining Momentum, But Signatures Still Needed

Childhood Vaccination

ATLANTA – October 20, 2022 – (Newswire.com)

The following is an open letter from We The Patriots USA, Inc.:

Just hours ago, the Centers for Disease Control and Prevention (CDC)’s Advisory Committee on Immunization Practices (ACIP) voted to add the COVID-19 shot to the CDC’s childhood immunization schedule. According to We The Patriots USA Vice-President and Co-founder Attorney Brian Festa, the implications of this are staggering. “The shot will now be shielded from civil tort liability under the National Childhood Vaccine Injury Act of 1986, which eliminated recovery through the courts and established the so-called ‘vaccine court’, allowing only limited recovery under the National Vaccine Injury Compensation Program,” Festa explained. “This means that you cannot file a product liability lawsuit against a vaccine manufacturer if your child suffers injury or death from a shot.”

Festa added that another consequence of today’s vote is that this shot is likely to be added to the list of “immunizations” required for school attendance in many states. Many state legislatures have adopted the practice of mandating that students in school receive every vaccine on the CDC’s childhood schedule. This especially affects states like California, New York, Maine, Connecticut, Mississippi, and West Virginia, where no personal belief or religious exemption to school vaccination mandates exists. 

SO WHAT CAN BE DONE ABOUT IT?  

1. SIGN THE PETITION TO MAKE DISCRIMINATION BASED ON VACCINATION STATUS ILLEGAL, AND ASK EVERYONE TO DO THE SAME.  

If We The Patriots USA’s petition to Congress is successful in its end goal of amending the Civil Rights Act of 1964 to make vaccination status discrimination illegal, no school would ever be able to deny a child an education simply because that child has not received one or more shots. No employer would ever be able to fire someone for refusing a shot. No airline, restaurant, hospital, or any other business could refuse service to someone because they did not receive a shot. Please sign the petition today.

2. DONATE TO WE THE PATRIOTS USA SO THEY CAN EXPAND THEIR LEGAL EFFORTS AND FIGHT BACK IN COURT

As noted above, it’s nearly inevitable that some states will pass legislation to add this shot to the list of shots required for school attendance. This is likely to include not just students in Grades K-12, but college and university students as well. We The Patriots USA will need to file legal challenges in response to any such legislation. While the CDC maintains that the COVID shots are safe and effective, data has recently emerged showing evidence of adverse effects in young people especially, such as myocarditis. Please consider a donation in support of We The Patriots USA today, so they are ready to fight back at a moment’s notice. Litigation is slow business, so they want to be able to file lawsuits immediately after these laws are passed.

For press inquiries contact info@wethepatriotsusa.org.

Contact Information:

Brian Festa

Vice-President

brian@wethepatriotsusa.org

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In Wake of COVID Shot Being Added to CDC’s Childhood Immunization Schedule, We The Patriots USA Seeks to Make Vaccination Status Discrimination Illegal

NEW YORK – October 20, 2022 – (Newswire.com)

iQuanti: The COVID-19 pande…

NEW YORK – October 20, 2022 – (Newswire.com)

Credello: In the U.S., the bottom 90% of households saw their debt balloon this year. With so many trying to make ends meet and researching debt consolidation vs. debt relief to get back on track, we need to understand what’s going on with this financial crisis to better equip ourselves and prevent a financial crisis from turning into a full-blown recession.

The reasons why debt is getting out of control

The reason for this new debt balloon for the bottom 90% of households is complex but boils down to three primary drivers: economic conditions, spending habits, and borrowing.

Economic conditions play a significant role in how quickly debt accumulates. When the economy is weak, people are less likely to find jobs, or businesses cannot borrow money, which can lead to decreased consumer spending and increased borrowing costs. This can cause debt levels to increase for those who already have high levels of debt.

Another factor that affects debt levels is spending habits. When families have to stretch their budgets due to a tough economy, they may choose to cut back on unnecessary expenses like luxury items or entertainment. This can cause people with high-interest debts (such as credit cards) to experience larger increases in their balances.

Finally, borrowing also plays a role in how quickly debt rises. People are more likely to take on more debt when they believe it is a good investment. When the stock market is doing well, people may borrow money to buy stocks and then see their assets decrease in value, which can cause them to default on their loans. On the other hand, when the stock market crashes, people may be forced to sell their stocks at a loss, which could lead to them defaulting on their loans.

What you can do to protect yourself from a debt crisis

If you’re struggling with high levels of debt, there are a few things you can do to protect yourself from a full-blown financial crisis.

First, make sure you’re using all of your available resources efficiently by consolidating your debts into one manageable payment. Not only will this make your payments more manageable, but it will also help you save money on interest rates.

Second, be mindful of your spending habits. If you’re finding it hard to stick to a budget, consider setting up a debt relief plan with a professional financial planner. This type of plan will help you keep track of your spending and reach your financial goals.

And finally, if you struggle to pay your debts on time, speak with a credit counseling agency. They can help you learn how to manage your finances and improve your credit score so that you’re less likely to experience high borrowing costs in the future.

The bottom line

The bottom 90% of U.S. households are seeing their debts get worse, not better, in 2023. This is a serious problem for many families and will likely have lasting negative effects on their financial stability. If you’re among this group of households, it’s essential to take steps to protect yourself from a debt crisis.

Contact Information:

Keyonda Goosby

Public Relations Specialist

press@credello.com

(201) 633-2125

Carolina d’Arbelles-Valle

carolina.darbellesv@iquanti.com

+1 305 849 8443

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Original Source:

Credello: Why Did Debt Balloon for the Bottom 90% of Households in the U.S. This Year?

NEW YORK – October 20, 2022 – (Newswire.com)

Credello: Dealing with debt can be a stressful process. There are many ways to manage your debt, but many people opt for debt settlement as their preferred method. But is debt settlement really as good as it seems? Here’s what you need to know.

What is debt settlement?

Debt settlement is a process in which a debtor and creditor negotiate paying off money owed. Debt settlements typically involve either reducing the total amount owed and/or creating a payment plan that satisfies enough of the debt that the matter is considered settled and will not be sent to collections. 

Why would I choose debt settlement?

There are many reasons why someone might choose to settle their debt. Debt settlement may be the best option for people who are struggling financially or who have difficulty meeting their monthly payments. It may also be an option for people who do not want to deal with creditors directly.

What are the risks of debt settlement?

Debt settlements seem great, but they may be too good to be true as some inherent risks come with using them.

The most common risk is that no agreement can be reached, and the debt remains unresolved. If you and your debtor cannot come to an agreement, the debt may be declared in default, which can lead to further legal action, higher interest rates, and more penalties.

Another risk is that you may not receive the total amount you were promised in a debt settlement. Often this isn’t due to any bad actions by your or the bank; it’s simply a matter of one hand not knowing what the other is doing.

Finally, debt settlement can be risky if you don’t have the financial resources to cover the payments. If you can’t make the required payments, your debt may become delinquent, and you may face additional penalties.

Despite these risks, debt settlement can be a viable option for people who are struggling financially or who do not want to deal with creditors directly. However, it is crucial to understand the risks before choosing this route.

How can I avoid these risks?

There are a few things you can do to reduce the risk of getting into a debt settlement and having to pay back more than you received.

First, ensure you understand the terms and conditions of the agreement before signing it. Ensure everything you and the debt representative spoke about is in writing, and don’t sign any contract until you’re satisfied.

Second, discuss your options with an attorney who can help guide you through the process and protect your interests.

Third, be sure to have enough money saved up so you can meet the monthly payments if a debt settlement agreement is reached. This isn’t always easy, but it’s essential to protect your finances in case of an adverse outcome.

What other options are there to get rid of my debt?

There are a variety of options available to people who want to get rid of their debt but don’t want to deal with a debt settlement.

One option is to try debt consolidation. This involves combining several smaller loans into one larger loan you can repay over time. This can reduce your monthly payments and give you more time to pay back the debt.

Another option is utilizing debt repayment strategies like the Avalanche or Snowball Methods. This involves making small, manageable monthly payments towards your debt until it’s completely paid off.

Another option is bankruptcy. This is a last resort and can be expensive, but it can eliminate your debt entirely and give you a fresh start.

The bottom line

Debt settlement is an effective way to deal with your debts. However, it comes with some risks and requires careful planning. By understanding these risks and taking steps to reduce them, you can make the process more manageable and have a better chance of getting your finances 

Contact Information:

Keyonda Goosby

Public Relations Specialist

press@credello.com

(201) 633-2125

Carolina d’Arbelles-Valle

carolina.darbellesv@iquanti.com

+1 305 849 8443

Press Release Service
by
Newswire.com

Original Source:

Credello: The Biggest Risks You Face With Debt Settlement

Hugh de Laussat Willoughby Hugh de Laussat Willoughby on his historic canoe trek across the Everglades in 1897.
MIAMI – October 20, 2022 …