Category: Musing on News

Student loans take no prisoners, too

Much like credit card debt, it seems, student loan debt can really take a bite out of your financial life.

I’m not talking about interest rates – which can be lower for federal loans, and downright predatory for private ones. And I’m not even talking about the high principal balance that a typical American student needs to borrow in order to afford even just 1 year of school. As bad as those things are, they’re not what I’m focused on today.

I’m focused on what student loans can do to your credit score – specifically, when you fail to make payments on time.

Continue reading “Student loans take no prisoners, too”

If all your money goes to food delivery- the temptation just got worse.

The Scoop: Doordash plans to offer an ‘Eat Now, Pay Later’ plan for those who’d prefer not to pay upfront for their food. Frankly, I’m not sure what to think.

The Pro: On the one hand, giving people the option to pay for purchases when they’re financially stable enough to do so always sounds great.

Continue reading “If all your money goes to food delivery- the temptation just got worse.”