Student Loans
More than good grades, student loans are the gateway to higher education for most Americans. Here’s the catch: the debt you rack up for school can’t be discharged it in a bankruptcy, so no matter how broke you get, you still have to pay for it. Also, it isn’t clear from the start how high your monthly payments will be on this loan. Or if college will mean a high paying job. Sorry, new grads.
Credit Score Ignorance
People who rack up a lot of credit card debt probably aren’t aware that they have a miserable looking credit score that is getting uglier with each missed payment. This kind of ignorance can really make them suffer when they try to pay for a car or house.
Spending Instead of Saving
When people have extra money they usually want to do something fun with it. They spend it. When a crisis rolls around like a major home repair or a health emergency, they don’t have any money in the bank to fall back on. Don’t let it happen to you.
If you do get caught by an emergency and need to get a hold of some cash fast to pay the bills, LoanPocket can help you. It’s the easiest way to get the liquidity back into your bank account. All it takes is a few steps:
- Filling out a simple application online
- Waiting just a few minutes for approval
- Watching the funds roll into your bank account the next business day
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