U.S. President Barack Obama greets a supporter after speaking at the University of Colorado Denver campus on October 26, 2011 in Denver, Colorado (John Moore – GETTY IMAGES) President Obama’s new student loan relief plan, which offers a mix of loan consolidation, lower interest rates and income-based repayment options, is an important first step in ...Read More

Debt repayment strategies by consumers often differ and we have seen some who are still sticking to consolidation loans as a way to group all of their debts together and potentially get a more affordable monthly payment, particularly if these individuals qualify for a low rate on a consolidation loan. Personal loans for consumers may ...Read More

[unable to retrieve full-text content] Ology Obama's education loan reforms of limited help to law studentsThe National Law JournalHis plan calls for reduced monthly repayments for borrowers with high debt and low income, and for a loan consolidation option offering lower interest rates. The reforms came amid increasing public pressure over mounting student loan burdens. ...Read More

BOSTON, MA, Oct 26, 2011 (MARKETWIRE via COMTEX) — The First Marblehead Corporation /quotes/zigman/331260/quotes/nls/fmd FMD +3.37% is providing some clarification regarding recent reports by the press surrounding President Obama’s special consolidation initiative for students with federal loans in both the Federal Family Education Loan Program (“FFELP”) and the Federal Direct Loan Program (“FDLP”). “First Marblehead ...Read More

Posted by John Roney on October 26, 2011 // Finance If you, like so many others, are finding that the pressure caused by increasing credit card debt is pushing you towards considering filing for bankruptcy it is probably time for you to start thinking about the damage such a move would cause you. Debt consolidation ...Read More

By LAURA MECKLER and MAYA JACKSON RANDALL DENVER—President Barack Obama will announce a plan Wednesday that would allow Americans to consolidate and reduce interest rates on their student loans, the latest in a string of narrowly tailored moves designed to jolt the economy. WSJ’s Laura Meckler details President Obama’s plan that would allow for the ...Read More

PRLog (Press Release) – Oct 26, 2011 –Credit card debt relief programs and how to get on with it can be thought of as one of the most effective tools for debt management. By negotiating as much of your debt as you can, you can dramatically lower your monthly payments and actually see your debt ...Read More

Wednesday, 26 October 2011 11:00 A new poll has found that increases in the fees financial institutions charge consumers for using their debit cards may lead to more taking on credit card debt to make their day-to-day purchases. A recent poll by the Research Intelligence Group has found that the vast majority of Americans find ...Read More

[unable to retrieve full-text content] Ology College Costs Up, Little Debt Help For Occupy Wall StreetersForbesOf those graduating from four year public colleges, 56% had debt, averaging $22000, up from $20100 in constant dollars. So what is the Obama Administration doing now to help? Obama is making two loan program tweaks as part of a ...Read More

The pattern in the foreign exchange market remains intake by which the major currencies often move in the direction of the recent trend and some follow through on Monday before some consolidation kicks in.  The euro and sterling made new 7 week highs today in early Europe and the Australian dollar made new six week ...Read More