John Payson

Navigate the incredibly complex and often insane world of loans…mortgage, student, personal, bad credit & more. Don’t worry, even the pros don’t understand it!

[John Payson @loans]

@creation247 3

[John Payson @loans]

Potential Effects of PROSPER Act on Student Loans: Congress' new bill to revamp the Higher Education Act proposes new borrowing limits and reduced repayment options - https://t.co/qNvUOXAzoy

[John Payson @loans]

How far would student loan borrows go to erase their student loan debt? Very Far! Source: https://t.co/e21UIZ0sUp

[John Payson @loans]

Often a good strategy to pay off a variable loan 1st to eliminate the uncertainty of rates going up before it's scheduled to be paid off.

[John Payson @loans]

#AAUW report...it takes women longer to pay off their student loans, with the disparity even greater for African American & Hispanic women!

[John Payson @loans]

Marshals armed with automatic weapons arrested a Texas man for not paying a $1,500 student loan...

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New Report: Every extra $1 a school received in government scholarships was associated with a $.25 to $.50 cent uptick in tuition.

[John Payson @loans]

Can’t pay your student loan due to unemployment or bad health? Contact your loan servicer to see if you qualify for forbearance or deferment

[John Payson @loans]

Statute of limitations on student loan debt: Private loans are subject to statutes of limitation. Federal loans haven't been for past 25 yrs

[John Payson @loans]

You're eligible to discharge a federal student loan if you were attending when your school closed or withdrew within 120 days of the closing

[John Payson @loans]

Know Your Grace Period! A grace period is how long you can wait after leaving school before you have to make your first student loan payment

[John Payson @loans]

Study shows 16% of borrowers who attend for-profit institutions were behind on their student loan, compared to 6% who attended a public one.

[John Payson @loans]

‘Weave Loan Store’ To Offer Loans To Buy Hair Extensions In Detroit: http://t.co/ZVh04Ve2tt

[John Payson @loans]

The Lawsuit Machine Going After Student Loan Debtors: http://t.co/FhwLdL8pEb

[John Payson @loans]

The share of high LTV ratio purchase loans is at a two-year high, according to RealtyTrac's 2015 Down Payment Report for the 1st quarter.

[John Payson @loans]

Speak with your student loan provider, as some private lenders do offer lower interest rates to borrowers who intend to pay while in school.

[John Payson @loans]

Depending on the terms of a private student loan, you may have to make payments while still in college. Make sure you read the fine print!

[John Payson @loans]

Hopefully by Retirement...A Toast To Paying Off Student Loan Debt!

[John Payson @loans]

The average car loan term for new and used vehicles has reached an all-time high of 67 months for new and 62 months for used.