When debtors are struggling with the payments, even tiny benefits and facilitation seems significant. One of such benefits can be interest deduction, which is a way to adjust the income. The amount of student loan interest deduction can be as high as $2500. However, it has an extensive eligibility requirement. From the school attended to …
Read More →
The Finance Authority of Maine (FAME) aims to help people meet their financial needs through a variety of tools. Whether an individual wants to start a business or expand it, this authority will provide necessary loans, investment tax credits or other financing programs. Though it started functioning in 1983 with the main focus on small …
Read More → The Total and Permanent Disability Discharge program helps disabled veterans to eliminate their debts. It is an excellent opportunity as disabled individuals might not be able to engage in employment activities and pay back their obligations. The officials even try to ease the process and come up with new, innovative solutions so that more disabled …
Read More → Students with federal loans have access to excellent opportunities to get rid of the debt. Forgiveness and discharge programs, repayment plans, and consolidation possibilities are among the most preferred student loan solutions. In general, forgiveness and discharge options help borrowers to eliminate the debt fully or partially. However, different from discharge, a forgiveness program requires …
Read More → 
