Hi readers! If you’re confused by the federal Direct Loans switchover currently in progress, you’ll be happy to know that we’ve put together a guide to the steps required to apply for and receive federal direct loans.

Download the Direct Loans Guide PDF »

You will need Adobe Reader (or other PDF software like Apple Preview) to view it, so if you don’t have it installed, download Adobe Reader.

If you’d like some more general information about aid and loans, check out our full-feature e-book Finding Financial Aid 2010.

As always, thank you for being a loyal reader. We look fo

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All school going and graduating students are less mindful of spending their money economically and most of them find themselves trapped by heavy debt burden. How they manage their money and what kind of decisions they make while they are studying definitely has enormous repercussions in their future life.

Sound decisions that have been made when applying for, and using a student loan well, results in a good appreciation by the credit lenders. Credit lenders are willing and ever ready to advance funds to such borrowers. However, borrowers who frequently apply for a new credit card, the enhancement of their credit card’s limit, who miss out or delay their monthly payments whether its on their credit card, car, home loan or student loan are not welcomed by lenders. A

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by Sharyl Attkisson, CBS News

New documents released by the House Committee on Oversight shed shocking new light on the cozy partnership between Countrywide Financial Corporation and Fannie Mae — which left taxpayers holding the bag for billions in subprime loans.

The documents show that dozens of Fannie Mae employees accepted VIP loans and VIP treatment from Countrywide.

According to investigators, Countrywide’s VIP treatment could range from special handling of customer phone calls to discounted loan rates worth thousands of dollars on a loan.

Rep. Darrell Issa is asking investigators to see whether the VIP loans violate conduct codes of the government sponsored mortgage funder. Acc

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To get your cash advance will no longer find it difficult because there are a lot of services that provide numerous services to their customer, so you as a customer would not have difficulty in getting the cash advance. These services such as online services, which are very easy if the customer has a network of internet in their homes, if not? Of course we have a solution, ie with the phone service. You can use different kinds of phone you have, and you can get cash advance without difficulty.