Applying for student loans? Worried about your credit score? Here are 5 steps you can take today to improve your credit score.
At this time of year, many parents start scratching their heads and turn to their keyboards to search for answers to their pressing financial questions. Parents, reeling from the sticker shock caused by their son or daughter’s college acceptance and award letter are trying to figure out how to pay for college. Students are asking questions about credit, many for the first time. Want to guess the financial question Google gets asked the most? It is “how do student loans work?” No wonder. According to a recent Marketwatch article, Americans are trying to figure out how to deal with $1.4 trillion in student loan debt. A study conducted by Liberty Bank for Savings found Google gets an average of 2.4 million searches per month from folks looking for the answer to this question.