Allstate reminds consumers of the importance of identity protection during the holidays

Identity Protection - Theft

Scammers are taking aim at consumers shopping at this time of year, as well as at student loan borrowers. At this time of year, identity protection products can be particularly helpful to consumers, said a recent news release from Allstate, cautioning consumers about criminals targeting holiday shoppers and federal student loan borrowers. About a tenth of Americans have been victims of scams having to do with federal student debt forgiveness. About two in five of the student loan scam victims are contacted a minimum of once per week, according to…

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Why Life insurance policies are being purchased for those with student loans

health student insurance program College

Student loan debt has been skyrocketing for quite some time now. No matter which field of education the student belongs to, or the level of education one is subscribing to (under grad or grad school), the student loan debt always seems to be at its bursting point. Last year the total debt amount generated by student loans climbed up to the second position in the chart of consumer debts, right below home mortgages and its total value was that of $1 trillion. The year before that, as per a survey’s…

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Common Family Financial Problems and Their Solutions

Financial Tips

 Today’s financial worries hit home… The harsh economic realities of recent years have caused many families to  struggle financially. There are several areas in which a family can get into trouble. The following are 5 common areas of distress, and realistic solutions for each. Underwater Mortgage After the recent economic crisis, many families found themselves with an underwater mortgage. Basically, they owed more on their house than it was worth. The first step, especially if a homeowner wants to stay in the home, is to get the house reappraised. If…

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