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It’s easy to look at student loans as something simple to understand, to take out and to repay. The reason behind them is simple enough - funds to pay for post-high school education.

Federal student loans were introduced under Title IV of the Higher Education Act in 1965 along with federal grants and work-study programs. Federal student programs are available while enrolled at accredited institutions and can be used for traditional 4-year college educations as well as technical, career and trade educations.

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What if you could pay off your mortgage faster - much faster - in 5 to 7 years? What if you could pay off your mortgage that much faster without making extra payments or larger payments? What if paying off your mortgage that fast translated to learning how to move your money around more efficiently so that it works for your advantage?

Mortgage optimization strategy is the action plan that allows you to accomplish paying off your mortgage in 5 to 7 years and save tens to hundreds of thousands of dollars in mortgage interest.

To understand how this alternative form of financing your home works let’s look at how both traditional mortgage systems and traditional banking work.

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In December we traditionally celebrate as we tidy up the remaining days of the waning year. Whether you celebrate Christmas or Hanukkah, Kwanzaa or Fiesta of Our Lady of Guadalupe, Solstice or Boxing Day, Yule or St Lucia’s Day, it’s all about moving through darkness and cold into the light of the new, gathering closely with family and friends and celebrating survival, success and rebirth.
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College is one of the most valuable investments you will make in your lifetime but some worry it is not affordable.
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Student Loans. Those very words can strike fear into the hearts of young adults deciding whether or not to pursue higher education. Not only students, but their parents as well.
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Another holiday season has come and gone. Where did the time go? Now, as December’s bank and credit card statements begin arriving in the mail, you may be discovering that you spent more than you had planned on gifts, travel, food and other holiday-related expenses. According to a news story I heard recently, the average person spent just over $800 on gifts this year, and a good amount of that was purchased using credit cards. That could make for a less-than-festive couple of months, unless you act decisively.
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If you’re looking into refinancing your student loans, SoFi may be able to significantly reduce the cost of that debt. SoFi is the leading provider of student loan refinancing and has funded $5B+ to over 60,000 borrowers nationwide – saving their average borrower around $14k.* Their competitive rates and member benefits are what have made SoFi the go-to student loan refinancing company for thousands.

 

 

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Now that we are in the middle of the graduation season, you will find many stories about the mounting level of student loan debt. There are now over 40 million borrowers with an average balance of around $29,000. The total amount of debt is up to about $1.3 trillion and there will be tens of billions more by the time this graduation season is complete. That is a lot of money that must be paid back and therein lies the challenge for so many borrowers. It is estimated that over 13 million people have past due balances and that one out of every twelve student loans is in default.

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Would you like to be in the “driver’s seat” and design your own Auto Loan Payment? If you are one of the many Americans who have an auto loan, then I want to let you know about an opportunity that will let you reduce your monthly payment and put more of your hard earned dollars back in your pocket.

One of my trusted and recommended resources that will allow you to easily customize your auto loan by extending the auto loan term and lowering your monthly payment is LoanGEN. It is an easy to use tool that you can access at the following website: www.myLoanGEN.com.
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Jordan Goodman recently appeared on Power Your Life with Dr. Jo Anne White.  

Click the link below to see the show.

https://www.youtube.com/watch?feature=player_embedded&v=QSvh9xqYm20

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