Category Archives: Career

How Do I Refinance My Student Loans?

“How do I refinance my student loans?”

This question is one that is commonly asked by many Americans who are experiencing the effects of the financial crunch. Most of them are in a quandary on how they can refinance their student loan payments. Some student loans start out well, but become a burden overtime. As a result, people are finding it hard to make payments on time. While there are some whose student loans have spiraled out of proportion because of the interest rates and fees keep piling up. So to answer the question of how to refinance student loans, we’re bringing you some simple tips in this article.

Student Loan

Do an Honest Assessment of your Financial Capacity

Before you go out shopping for institutions to refinance your student loan, you need to do an honest assessment of your current financial capacity. Get an inventory of your sources of income (or money-in activities) and also your expenses (or money-out activities). This way, you can get an idea if you’re in the black (cash positive) or in the red (cash negative). This assessment will help guide you in making decisions regarding how much you can afford.

Know your Credit Score

A good credit score will work to your advantage because lenders will give you better rates or better terms. Know your credit score by requesting a credit report. If you happen to have a low credit score, don’t go out shopping for a refinancing firm just yet. Wait a few months and do your best to improve your score. In the long run, you will save a lot in fees and interest when you have a higher credit rating.

Contact your Current Lender

Talk to your current provider and talk about your concerns. They can find ways to help you and may even offer to reduce your interest rate or lengthen your term (that’s if your credit rating is good).

Find an Institution to Refinance Your Loan

Go to your local banks and talk to their loan division officer. You will find that the smaller banks are making it easier for people to refinance their loans.There are also Credit Unions ready to assume your loan. These institutions act as a union so they are not privately run. Thus, they can offer lower interest rates to their lenders.

Check out the Department of Education’s Direct Loan Program’s Website

This program by the US government makes it easier for Americans to refinance their student loan with the help of the Department of Education and your school.Here’s a good news to government employees: The College Cost Reduction Access Act of 2007 has a forgiveness program whereby they discharge remaining debts of government employees who have been working for 10 years or more. You just have to make 120 payments under this program starting 2007 in order to qualify.

So get started on your journey to financial freedom. You can follow these tips so that you can find the best way for you to refinance your student loans.

7 Easy High Paying Job By Occupation Without Needing A Bachelor’s Degree

Everybody needs a job. A sure way of earning is to have a steady and regular work. To have an easy high paying job is every person’s dream. Finding such kind of job is possible for people who doesn’t hold a bachelor’s degree. According to the Occupational Outlook Handbook by the Bureau of Labor Statistics, U.S. Department of Labor, the following are some of the easy highest paying job by occupation:

1. Pest Control Workers (Building and Grounds Cleaning Occupations)

easy high paying jobs

Whom are you going to call in case your home is infested with pests? If you are interested to exterminate and control pest such as rats, roaches, rodents, ants, termites, bedbugs, other insects and weeds could infest homes, buildings and other surrounding areas then this is the right job for you. Not a bad occupation with an annual national median salary of $30,340.

2. Elevator Installers and Repairmen (Construction and Extraction)

easy high paying jobs

Imagine you are going to the top floor of a 100 story building and the elevator is broken. This is the perfect time to call on the elevator installers and repairman who are also called elevator constructors or elevator mechanics. Its main job is to install, repair and maintain modern elevators. An annual salary of $70,910 for this type of work is waiting for you.

3. Logging Workers (Farming, Fishery and Forestry Occupation)

easy high paying jobs

If you love nature and the outdoor life, then this is the job for you. Work opportunities in forestry and logging are good due to the strong demand for wood needed for building projects. According to the Occupational Outlook Handbook, “Logging workers harvest thousands of acres of forest each year. The timber they harvest provides the raw material for countless consumer and industrial products.” Who would refuse to take a $32,870 annual pay for this job?

4. Chefs and Head Cooks (Food Preparations and Serving Occupations)

easy high paying jobs

When was the last time you enjoy fine dining in a good restaurant? Surely it’s because of the chef and head cook’s expertise. Overseeing the day to day food preparation, directing kitchen staff and handling any food related concerns are the main responsibilities for this job. A sizzling $40,630 annual median salary pay is on the pan for this job.

5. Postal Service Workers (Office and Administrative Support)

easy high paying jobs

One of the notable postal workers was Charles Bukowski, writer and poet. A postal worker is one who works in a post office, such as a mail carrier. Part of its job is to sell postal product and to collect, sort and deliver mail.Having an annual salary of $ 53.090 is fair enough.

6. Power Plant Operators, Distributors, and Dispatchers (Production Occupation)

easy high paying jobs

The working condition for this job is described in the Occupational Outlook Handbook as “Because electricity is provided around the clock, operators, distributors, and dispatchers usually work one of the three daily 8-hour shifts or one of the two 12-hour shifts on a rotating basis.” Controlling the system that generates and distributes electric power is their main function. An annual median take home pay of $65,360 for this job.

7. Police and Detectives (Protective Service)

easy high paying jobs

The annual pay is $55,010.  A job summary in the Occupational outlook Handbook about the police officer’s job description is as follows: “Police Officers protect lives and properties. Detective and criminal investigators, who are sometimes called agents or special agents to gather facts and to collect evidence of possible crimes. Law enforcement officers’ duties depend on the size and type of their organizations.”

Checking out and applying for any of the seven easy high paying jobs is worth your while. Consider the nature of the work and the amount of pay. Any of these jobs might be the right one for you.