With life’s busy schedule, it’s hard for most of us to excavate through all the information thrown our route. Each week we scour the media universe to discovery the most interesting and helpful articles, so you don’t have to. Take a look at what we’re reading this week.
Fancy groceries on a milder budget
Find out how one Chicago mom can shop at the likes of Trader Joe’s and Whole Foods and yet can still was also able to feed a family of five for a week on $920. Hint: Most of the action happens on Saturday.( PureWow)
Hello, it’s me, Instagram. Please get your credit card out.
Beta testing started this week for a new feature on Instagram that allows users to buy stuff immediately on the mobile app. Zara, H& M, Outdoor Voices and Uniqlo are among the 20 -plus brands taking part.( BuzzFeed)
Elizabeth Warren, personal finance guru
Presidential hopeful Sen. Elizabeth Warren may be better known for her political battles, but she’s got a little Dave Ramsey in her too, it is about to change. Check out the Massachusetts lawmaker’s personal finance book, co-written with her daughter, for some wallet-fattening tips.( Lifehacker)
Why rental vehicle companies aren’t so keen on debit cards
It seems like most merchants would rather take money or debit rather than charge card — surely, a debit card will get you a better deal at some gas station. But when it comes to renting a automobile, the situation is just the opposite. Here’s why.( The Balance)
How to save money in the kitchen, the British route
While British words like “gormless, ” “knackered” and “scrummy” might not mean much to most Americans, saving money on your food budget is something that constructs sense on both sides of the Atlantic. With this in intellect, here’s a guide to dining bargains and discounts from the casting of “The Great British Bake Off.”( Money)
The reality of parenthood, in tweets
“If I had enough money to bribe my kids’ style into college, it probably means I didn’t have kids in the first place.” Read this and other observations on raising children in the 2010 s, as posted on Twitter.( HuffPost)
This is how much( or how little) teachers get paid in all the states
It’s a fact: New York elementary school teachers pull in about twice as much salary as those in Oklahoma. If you’re a educator — or even if you’re not — check out this cross-country comparison of educator wages.( MoneyTalksNews)
Interested in refinancing student loans? Here are the top 6 lenders of 2019!
LenderVariable APREligible Degrees
Check out the testimonials and our in-depth reviews! 1 Important Disclosures for SoFi. SoFi Disclosures Student loan Refinance:
Fixed rates from 3.890% APR to 8.074% APR( with AutoPay ). Variable rates from 2.540% APR to 7.115% APR( with AutoPay ). Interest rates on variable rate loans are capped at either 8.95% or 9.95% depending on word of loan. See APR examples and words. Lowest variable rate of 2.540% APR assumes current 1 month LIBOR rate of 2.49% plus 0.04% margin minus 0.25% ACH discount. Not all borrowers receive the lowest rate. If approved for a loan, the fixed or variable interest rate offered will depend on your creditworthiness, and the word of the loan and other factors, and will be within the scopes of rates listed above. For the SoFi variable rate loan, the 1-month LIBOR index will adjust monthly and the loan payment is likely to be re-amortized and may change monthly. APRs for variable rate loans may increase after origination if the LIBOR index increases. Consider eligibility details. The SoFi 0.25% AutoPay interest rate reduction requires you to agree to attain monthly principal and interest payments by an automatic monthly allowance from a savings or checking account. The benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account.* To check the rates and words you qualify for, SoFi conducts a soft credit inquiry. Unlike hard credit inquiries, soft credit inquiries( or soft credit pullings) do not impact your credit score. Soft credit investigations allow SoFi to show you what rates and words SoFi can offer you up front. After seeing your rates, if you choose a product and continue your application, we will request your full credit report from one or more consumer reporting bureaux, which is considered a hard credit inquiry. Hard credit investigations( or hard credit pullings) are required for SoFi to be able to issue you a loan. In addition to necessitating your explicit permission, these credit pulls may impact your credit score. SoFi rate scopes are current as of March 20, 2019 and are subject to change without notice.
Words and Conditions Apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. To qualify, a borrower must be a U.S. citizen or permanent resident in an eligible state and satisfy SoFi’s underwriting requirements. Not all borrowers receive the lowest rate. To qualify for the lowest rate, you must have a responsible fiscal history and fulfill other conditions. If approved, your actual rate will be within the range of rates listed above and will depend on a variety of factors, including term of loan, a responsible financial history, years of experience, income and other factors. Rates and Terms are subject to change at anytime without notice and are subject to state regulations. SoFi refinance loans are private loans and do not have the same refund alternatives that the federal loan program offers such as Income Based Repayment or Income Contingent Repayment or PAYE. Licensed by the Department of Business Oversight under the California Financing Law License No. 6054612. SoFi loans are originated by SoFi Lending Corp ., NMLS# 1121636.( www.nmlsconsumeraccess.org)
2 Important Disclosures for Earnest. Earnest Disclosures
To qualify, you must be a U.S. citizen or possess a 10 -year( non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https :// www.earnest.com/ eligibility. Not all applicants will be approved for a loan, and not all applicants will qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
Earnest fixed rate loan rates range from 3.89% APR( with Auto Pay) to 7.89% APR( with Auto Pay ). Variable rate loan rates range from 2.54% APR( with Auto Pay) to 7.27% APR( with Auto Pay ). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms 10 years or less. For loan terms of 10 years to 15 years, the interest rate will never surpass 9.95%. For loan words over 15 years, the interest rate will never surpass 11.95%( the maximum rates for these loans ). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate( LIBOR ). Your rate will be calculated each month by adding a margin between 1.82% and 5.50% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of March 18, 2019, and are subject to change based on market conditions and borrower eligibility.
Auto Pay discount: If you construct monthly principal and interest payments by an automatic, monthly allowance from a savings or checking account, your rate will be reduced by one one-quarter of one percent( 0.25%) for so long as you continue to make automatic, electronic monthly payments. This benefit is suspended during periods of deferment and forbearance.
The information provided on this page is updated as of 0318/2019. Earnest reserves the right to change, intermission, or terminate product offerings at any time without notice. Earnest loans are originated by Earnest Operations LLC. California Finance Lender License 6054788. NMLS# 1204917. Earnest Operations LLC is located at 302 2nd Street, Suite 401 N, San Francisco, CA 94107. Words and Conditions apply. Visit https :// www.earnest.com/ terms-of-service, email us at hello @earnest. com, or call 888 -6 01 -2 801 for more information on ourstudent loan refinance product.
( c) 2018 Earnest LLC. All rights reserved. Earnest LLC and its subsidiaries, including Earnest Operations LLC, are not sponsored by or agencies of the United States of America.
3 Important Disclosures for Laurel Road. Laurel Road Disclosures
FIXED APR Fixed rate alternatives consist of a scope from 3.75% per year to 5.80% per year for a 5-year term, 5.14% per year to 6.25% per year for a 7-year term, 5.24% per year to 6.65% per year for a 10 -year word, 5.30% per year to 7.05% per year for a 15 -year term, or 5.61% per year to 7.27% per year for a 20 -year word, with no origination fees. The fixed rate will apply until the loan is paid in full( whether before or after default, and whether before or after the scheduled maturity date of the loan ). The monthly payment for a sample $10,000 loan at a range of 3.75% per year to 5.80% per year for a 5-year term would be from $183.04 to $192.40. The monthly payment for a sample $10,000 loan at a range of 5.14% per year to 6.25% per year for a 7-year word would be from $142.00 to $147.29. The monthly pay for a sample $10,000 loan at a range of 5.24% per year to 6.65% per year for a 10 -year word would be from $107.24 to $114.31. The monthly payment for a sample $10,000 loan at a range of 5.30% per year to 7.05% per year for a 15 -year term would be from $80.65 to $90.16. The monthly payment for a sample $10,000 loan at a range of 5.61% per year to 7.27% per year for a 20 -year word would be from $69.41 to $79.16.
However, if the borrower chooses to attain monthly payments automatically by electronic monies transfer( EFT) from a bank account, the fixed interest rate will decrease by 0.25%, and will increase back up to the regular fixed rate described in the preceding paragraph if the borrower stops inducing( or we stop accepting) monthly pays automatically by EFT from the designated borrower’s bank account.
VARIABLE APR Variable rate options consist of a range from 3.48% per year to 6.30% per year for a 5-year term, 4.85% per year to 6.35% per year for a 7-year word, 4.90% per year to 6.40% per year for a 10 -year term, 5.15% per year to 6.65% per year for a 15 -year term, or 5.40% per year to 6.90% per year for a 20 -year term, with no origination fees. APR is subject to increase after consummation. The variable interest rate will change on the first day of each month( “Change Date”) if the Current Index changes. The variable interest rates are based on a Current Index, which is the 1-month London Interbank Offered Rate( LIBOR)( currency in US dollars ), as published on The Wall Street Journal’s website. The variable interest rates and Annual Percentage Rate( APR) will increase or decrease when the 1-month LIBOR index changes. The variable interest rates are calculated by adding a margin ranging from 0.98% to 3.80% for the 5-year term loan, 2.35% to 3.85% for the 7-year term loan, 2.40% to 3.90% for the 10 -year term loan, 2.65% to 4.15% for the 15 -year term loan, and 2.90% to 4.40% for the 20 -year term loan, respectively, to the 1-month LIBOR index published on the 25 th day of each month immediately preceding each “Change Date, ” as defined above, rounded to two decimal places, with no origination fees. If the 25 th day of the month is not a business day or is a US federal holiday, the reference date is likely to be the most recent date preceding the 25 th day of the month that is a business day. The monthly pay for a sample $10,000 loan at a range of 3.48% per year to 6.30% per year for a 5-year term would be from $181.83 to $194.73. The monthly payment for a sample $10,000 loan at a range of 4.85% per year to 6.35% per year for a 7-year word would be from $140.64 to $147.77. The monthly pay for a sample $10,000 loan at a range of 4.90% per year to 6.40% per year for a 10 -year term would be from $105.58 to $113.04. The monthly pay for a sample $10,000 loan at a range of 5.15% per year to 6.65% per year for a 15 -year term would be from $79.86 to $87.94. The monthly pay for a sample $10,000 loan at a range of 5.40% per year to 6.90% per year for a 20 -year term would be from $68.23 to $76.93.
However, if the borrower chooses to make monthly payments automatically by electronic funds transfer( EFT) from a bank account, the variable rate will decrease by 0.25%, and will increase back up to the regular variable interest rate described in the preceding paragraph if the borrower stops making( or we stop accepting) monthly payments automatically by EFT from the designated borrower’s bank account.
4 Important Disclosures for LendKey. LendKey Disclosures
Refinancing via LendKey.com is only available for applicants with qualified private education loans from an eligible organization. Loans that were used for quiz preparation class, including, but not limited to, loans for LSAT, MCAT, GMAT, and GRE preparation, are not eligible for refinancing with a lender via LendKey.com. If you currently have any of these exam preparation loans, you should not include them in an application to refinance your student loans on this website. Applicants must be either U.S. citizens or Permanent Residents in an eligible state to qualify for a loan. Certain membership requirements( including the opening of a share account and any applicable association fees in connection with membership) may apply in the event that an applicant wishes to accept a loan offer from a credit union lender. Lenders participating on LendKey.com reserve the right to modify or discontinue the products, terms, and benefits offered on this website at any time without notice. LendKey Technologies, Inc. is not affiliated with , nor does it endorse, any educational institution.
5 Important Disclosures for CommonBond. CommonBond Disclosures
Offered terms are subject to change. Loan are offered by CommonBond Lending, LLC( NMLS# 1175900 ). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown.
All Annual Percentage Rates( APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on a 1-month LIBOR assumption of 2.5% effective February 10, 2019.
6 Important Disclosures for Citizens Bank. Citizens Bank Disclosures Education Refinance Loan Rate Revealing: Variable rate, based on the one-month London Interbank Offered Rate (” LIBOR “) published in The Wall Street Journal on the twenty-fifth day, or the next business day, of the preceding calendar month. As of March 1, 2019, the one-month LIBOR rate is 2. 48%. Variable interest rates range from 2.98% -9. 72%( 2.98% -9. 72% APR) and will fluctuate over the word of the borrower’s loan with changes in the LIBOR rate, and will differ based on applicable words, level of degree earned and presence of a co-signer. Fixed interest rates range from 3.89% -9. 99%( 3.89% -9. 99% APR) based on applicable words, level of degree earned and presence of a co-signer. Lowest rates indicated are for eligible, creditworthy applicants with a alumnu level degree, require a 5-year repayment term and include our Loyalty discount and Automatic Payment discounts of 0.25 percentage points each, as outlined in the Loyalty and Automatic Payment Discount revealings. The maximum variable rate on the Education Refinance Loan is the greater of 21.00% or Prime Rate plus 9.00%. Subject to additional terms and conditions, and rates are subject to change at any time without notice. Such changes will only apply to applications taken after the effective date of change. Please note: Due to federal regulations, Citizens Bank is required to provide every potential borrower with disclosure datum before they apply for a private student loan. The borrower will be presented with an Application Disclosure and an Approval Disclosure within the application process before they accept the terms and conditions of their loan. Federal Loan vs. Private Loan Benefits: Some federal student loans include unique benefits that the borrower may not receive with a private student loan, some of which we do not offer with the Education Refinance Loan. Borrowers should carefully review their current benefits, especially if they work in public service, are in the military, are now under or considering income based refund options or are concerned about a steady source of future income and would want to lower their pays at some time in the future. When the borrower refinances, they waive any current and potential future benefits of their federal loans and replace those with the benefits of the Education Refinance Loan. For more information about federal student loan benefits and federal loan consolidation, visit http :// studentaid.ed.gov /. We also have several resources available to help the borrower make a decision at http :// www.citizensbank.com/ EdRefinance, including Should I Refinance My Student Loans ? and our FAQs. Should I Refinance My Student Loans ? includes a comparing of federal and private student loan benefits that we encourage the borrower to review. Citizens Bank Education Refinance Loan Eligibility: Eligible applicants may not be currently enrolled. Applicants with an Associate’s degree or with no degree must have made at least 12 qualifying payments after leaving school. Qualifying pays are the most recent on time and consecutive payments of principal and interest on the loans being refinanced. Primary borrowers must be a U.S. citizen, permanent resident or resident foreigner with a valid U.S. Social Security Number residing in the United States. Resident aliens must apply with a co-signer who is a U.S. citizen or permanent resident. The co-signer( if applicable) must be a U.S. citizen or permanent resident with a valid U.S. Social Security Number residing in the United States. For applicants who have not reached the age of majority in their country of residence, a co-signer will be required. Citizens Bank reserves the right to modify eligibility criteria at anytime. Interest rate ranges subject to change. Education Refinance Loans are subject to credit qualification, completion of a loan application/ consumer credit agreement, verification of application information, certification of borrower’s student loan amount( s) and highest degree earned. Loyalty Discount Disclosure: The borrower will be eligible for a 0.25 percentage point interest rate reduction on their loan if the borrower or their co-signer( if applicable) has a qualifying account in existence with us at the time the borrower and their co-signer( if applicable) have submitted a completed application authorizing us to review their credit request for the loan. The following are qualifying accounts: any checking account, savings account, money market account, certificate of deposit, automobile loan, home equity loan, home equity line of credit, mortgage, charge card account, or other student loans owned by Citizens Bank, N.A. Please note, our the monitoring and savings account options are only available in the following states: CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, and VT and some products may have an associated expense. This discount will be reflected in the interest rate disclosed in the Loan Approval Disclosure that will be provided to the borrower once the loan is approved. Limit of one Loyalty Discount per loan and discount will not be applied to prior loans. The Loyalty Discount will remain in effect for the life of the loan.
Automatic Payment Discount Disclosure: Borrowers will be eligible to receive a 0.25 percentage point interest rate reduction on their student loans owned by Citizens Bank, N.A. during such day as pays are required to be made and our loan servicer is authorized to automatically deduct pays each month from any bank account the borrower designates. Discount is not available when payments are not due, such as during patience. If our loan servicer is unable to successfully withdraw existing automatic allowances from the designated account three or more hours within any 12 -month period, the borrower will no longer be eligible for this discount. Co-signer Release: Borrowers may apply for co-signer release after stimulating 36 consecutive on-time payments of principal and interest. For the purpose of the application for co-signer release, on-time pays shall be considered as payments received within 15 days of the due date. Interest only pays do not qualify. The borrower must meet certain credit and eligibility guidelines when applying for the co-signer release. Borrowers must complete an application for release and provide income verification documents as one of the purposes of its consideration of the report. Borrowers who use deferment or patience will need to stimulate 36 consecutive on-time pays after reentering refund to qualify for release. The borrower applying for co-signer release must be a U.S. citizen or permanent resident. If an have applied for co-signer release is denied, the borrower may not reapply for co-signer release until at the least one year from the date the have applied for co-signer release was received. Terms and conditions apply. Borrowers whose loans were funded prior to reaching the age of majority may not be eligible for co-signer release. Note: co-signer release is not available on the Student Loan for Parents or Education Refinance Loan for Parents.
Our squad at Student Loan Hero works hard to find and recommend products and services that we believe are of high quality and will make a positive impact in your life. We sometimes earn a sales committee or ad fee when recommending various products and services to you. Similar to when you are being sold any services and products, be sure to read the fine print understand what you are buying, and consult a licensed professional if you have any concerns. Student Loan Hero is not a lender or investment advisor. We are not involved in the loan acceptance or investment process , nor do we make credit or investment related decisions. The rates and terms listed on our website are estimations and are subject to change at any time. Please do your homework and let us know if you have any questions or concerns.
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