Category: Personal Finance

Are Sallie Mae loans considered federal loans?

June 30, 2024 No Comments

A: SLM Corporation (SLM), more commonly known as Sallie Mae, is a public corporation and a private-sector lender, so its direct loans are not federal loans. Basically, federal student loans consist of funds that are provided by the U.S. government, while private student loans come

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Are student loans forgiven after death?

June 30, 2024 No Comments

A: There are four scenarios that may occur with student loans if the borrower dies: Federal student loan (with or without co-signer): the loan is forgiven and no one owes any money Federal PLUS loan: the loan is forgiven but the parents will owe

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Are travel rewards credit cards worth it?

June 30, 2024 No Comments

A: A travel rewards credit card may be worth it, depending on how frequently you travel, whether you can afford to charge the amount required on the card to qualify for rewards and whether you can pay off the card balance on a monthly basis.

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What methods can the government use to control inflation?

June 30, 2024 No Comments

A: Inflation occurs when an economy grows due to increased spending. When this happens, prices rise and the currency within the economy is worth less than it was before; the currency essentially won’t buy as much as it would before. When a currency is worth less, its exchange rate

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Are Sallie Mae loans considered federal loans?

Are student loans forgiven after death?

Are travel rewards credit cards worth it?

What methods can the government use to control inflation?

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