Posts tagged as:

Student loans

Are 0% interest Loans Really Free Money?

by Adam March 8, 2010 Debt

Wouldn’t it be amazing if all loans were set at 0% interest?

That’s right. ‘Free’ money. Actually it wouldn’t be that good: By taking away the cost of carrying debt, a 0% interest rate might seem great at first but it takes away the financial incentive to be debt free, or keep your lifestyle down or be able to make an impact with your savings goals: the goals that ultimately can define your future.

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Paying off UK Student Loans

by Adam February 22, 2010 Debt

Whilst the accepted wisdom with debt is that it should be eliminated as quickly as possible, the student loans in the UK are possibly an exception to this mighty personal finance rule as although they are still debt, they do not have the traditional down-sides of risk and cost.

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