Category Archives: Loans
Discharging Student Loans Based on Undue Hardship
Student loan debt now exceeds $1.2 trillion, meaning Americans have more student debt than credit card debt. About one third of all bankruptcy filers have student loan debt, yet less than 1 percent of these filers attempt to have their student loans discharged. This is due to the perception that it is impossible to erase […]
Payday Loans: Not a Sustainable Solution to Financial Problems
For millions of Americans struggling over the past several years due to a sluggish economy and job market, payday loans have become a last-resort option to get money quickly. Although payday loans are easy to obtain and do not require a credit check, making them one of the few viable options for low-income families, they […]
