Tuesday, January 23, 2007

so current news from the 2008 elections shows that the government be reconsidering student debt and bad credit loans given to students.

this is to stop the high rise number of people not entering higher education because they fear they will have debts then interest to pay off. this is an intriguing idea because debt companys then stand to lose money from the mass amount of students not taking up loans with them, or students just leaving university who need financial help but are ultimatley going to be better off because of this.

it could be an interesting predicament that could affect the population as with free education it means taxes and rates will increase. this could, in effect, lead to the greater need for small loans so the business could be made up from that, however through this society is not going to be happy by paying for students education when many of them may be doing it so they do not have to enter the real world.

this topic is based around much speculation at the moment but updates will come through when possible

Wednesday, January 10, 2007

Hello again

so heres the situation, a few friends of mine have just left university and have been working for the first few months. Now while they were in university they took out some student loans to pay bills etc. But now because of that the interest has left them with huge debts to pay. I question entirely why education isn't free now but thats besides the point.

So i would like to know if theres anyone who knows where to get some good loan information because god knows the government isn't helping in any way shape or form. Any information would be helpful because we all knwo how hard it is to get a loan with bad credit to start with, especially students.

thanks.