Dear Liz: Are federal student loans turned over to a collection agency still collectible after 20 years? Answer: Yes. Very much so. There is no statute of limitations on federal student loans, which means collectors can come after you until you pay or die, whichever comes first. Statutes of limitations on most other types of […]
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Friday’s need-to-know money news
Today’s top story: 5 browser extensions to save you money and time. Also in the news: The pros and cons of store cards, what effect Donald Trump will have on student loans, and the best and worst gift cards to buy this year. 5 Browser Extensions to Save You Money and Time Making your browser […]
Thursday’s need-to-know money news
Today’s top story: For international travel, MasterCard has a slight edge on Visa. Also in the news: How to build a multi-million dollar retirement fund, 10 ways to end 2016 on a financial high note, and 8 ways to keep a leash on your holiday spending. For International Travel, MasterCard Has Slight Edge on Visa […]
Wednesday’s need-to-know money news
Today’s top story: How to make the 10 years before retirement count. Also in the news: Tips on reining in holiday spending, which generation has the best credit score, and which insurance most car renters can say no to. 5 Ways to Make the 10 Years Before Retirement Count Fattening your nest egg. 5 Frugality […]
Tuesday’s need-to-know money news
Today’s top story: With a new Education Secretary on the horizon, the outlook for student loan debt relief is unclear. Also in the news: The 5 best ways to invest $10,000, where people are banking off the grid, and 5 apps to make donating easier on this Giving Tuesday. Outlook for Student Loan Debt Relief […]
When your kid is a financial train wreck
Financial planners and credit counselors see plenty of examples. The grown son who lost a job, moved home and stopped looking for work. The daughter who constantly mismanaged her checking account — and turned to payday lenders when parents stopped covering her overdrafts. The father working into his 70s to support spendthrift children in their […]