Studies show that two-thirds of students have significant
student loan debt coming out of college.
Ten percent of them owe $35,000 or more.

Are you one of them?

If so, don’t worry. This blog is designed for you to get back
control of your finances.

My name is Carl Willoughby.

I was a licensed agent and Registered Representative
with the Prudential Insurance Company.

I often write under the name of MoneyPlus.

If you’ve been reading these post from the
beginning you know that I should have called myself…

MoneyMinus

I dropped out of college in my junior year and got a job
working on a ship traveling around the world…
Italy, France, Spain, Holland, Beirut…

The adventure was intoxicating.

But working 7 days a week doing hard, manual labor
on a ship (with no women on board) gets old faster
than one might imagine.

Then reality sinks in… 30 more years of this hard,
tedious manual labor.

So I decided to go back to school and finish college.
But this time without the financial support of my parents.

So I did as most other students do, took out student loans
and credit card loans. I worked part time and funded
the shortfalls with credit cards and student loans.

Thus began my saga of my living off credit cards, defaulting
on loans and other financial disasters which have haunted me
my entire adult life.

That is why I am writing this blog… So that you can learn
from my mistakes and experiences and avoid the mistakes
that have taken me decades to correct.

The goal of this community is to provide you with information
about how to get rid of your student loans and credit card debt
ASAP, so that you can become debt free.

You’ll learn about student loan debt consolidation and credit card
debt consolidation, how to lower your monthly payments.

If you’re a student or parent of a student you’ll learn about
how to finance a college education, how to get student loans,
grants, schlorships and about the different types of loans
and financial aid that is available.

You’ll learn about credit cards and insider tactics to improve your
credit rating. If you’re deep in debt already you learn how to stop
those nasty collection agencies from bothering you.

You will be provided with unbiased information to help you
navigate the confusing maze of applying for financial aid,
FASFA, subsidized and unsubsidized student loans,
work study, parent loans, credit cards, etc.

You’ll get the facts so that you can make informed decisions.

Feel free to post your thoughts and comments and be sure to check
back often as new information will be added on a regular basis.

This entry was posted on Wednesday, December 20th, 2006 at 8:16 pm and is filed under Debt Consolidation, Student Loan Debt Consolidation, Credit Reports, Student Loans, Credit Card Debt. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.