Avoid Debt – Advice on avoiding debt & bad credit issues

Are You Looking for Individual Dental Insurance?

March 18, 2012 by · Leave a Comment 

If you are interested in finding a good deal on dental insurance, or dental ppo, then it might be time to decide exactly what you are looking for in dental insurance, and what you are looking to pay, both monthly and yearly, to get yourself some dental insurance.  You also need to take into consideration if you need individual dental insurance or if you need dental insurance for your entire family, because this will also change the price of the policies that you are looking into.  Once you make the decision what type of plan you are looking for, then you need to decide what you want in your personal plan.  If you are buying for a family, then it might be time for you to consider buying a wider coverage than if you are paying for a personal insurance plan.

Buying a dental health insurance plan is not an easy decision to make, and in this economy, you want to be absolutely sure that you are making the best decision for yourself and the other people in your life when it comes to dental decisions.  Once you find the plan that you are looking for, you need to find out what companies carry the plan that you are looking for, and which company carries the plan for the cheapest price. You can also call companies to find out which plans include which specific options – you really want to make sure that you have the coverage you need – before you need it!

Impact of student loans

March 16, 2012 by · Leave a Comment 

In 2011, outstanding student loan balances were closer to $1 trillion. This was more than the outstanding credit card debt for the same period. Recent college graduates carry an average of $25,000 student loan debt. This is a heavy burden on recent college graduates of 25 to 34 years old. Some higher studies college graduates especially in the medical field carry even larger student loan balance of over $125,000.

Majority of student loans are co-signed by their parents. This has become an obstacle for those parents when they look for financing for other purposes.

In a very low mortgage interest rate and depressed housing price environment, student loan debt is preventing new graduates from purchasing homes. This has an impact on the struggling housing market that is trying to recover. According to a recent study by the Federal Reserve, only 9% of the 29-34 year olds obtained first time home buyer mortgages between 2009 and 2011. Compare this with 33% of home buyers aged 25-34 in 2001.

More and more debt burdened recent graduates are living with their parents. In 2011, this group accounted for about six million of the U.S. population, according to Realtors group, an increase from 4.7 million in 2007.