ATLANTA, May 1, 2020 /PRNewswire/ — Two-time EMMY®-winning producer, social media influencer, entrepreneur, and branding guru Rushion McDonald hosts a milestone month this May, with a power-packed lineup of incredible actors, artists, executives, entrepreneurs, and creative personalities on his popular podcast and syndicated radio talk show “Money Making Conversations.”Celebrating the third anniversary of “Money Making Conversations” this month, McDonald and his guests create an inspiring hub of motivation, wellness, and succeeding in diverse industries, covering entertainment, sports, content and brand creation, entrepreneurship, financial protection, and more. “Money Making Conversations” hosted by Rushion McDonald is available on www.MoneyMakingConversations.com and across digital platforms, satellite networks and syndicated radio including: Spotify, iHeartRadio podcast, Apple Podcast, YouTube, Spreaker, Stitcher, Alexa, SiriusXM Satellite Radio Channels 141 on Howard University’s Campus, and 142 on HBCU Campuses, and multiple stations across the U.S in North Carolina and South Carolina, Georgia, Michigan, Louisiana, Alabama, Texas, California, among other states.
The lineup of guests* featured on “Money Making Conversations” this May include: Actress/Producer Tika Sumpter (Starring on ABC’s “Mixed-ish”), and Thai Randolph (Executive VP and GM of Kevin Hart’s Laugh Out Loud Network), Co-Founders of Sugaberry, a lifestyle brand and digital platform catering to moms of color; Chef Anne Burrell, Co-Host of Food Network’s “Worst Cooks in America: Celebrity Edition” and Best-selling Cookbook Author; Stephen A. Smith, Journalist, Commentator, Co-Host of ESPN’s “First Take,” and Radio Personality; Patti LaBelle, GRAMMY®-winning Icon, Actress, and Entrepreneur of Patti’s Good Life food products; Actress/Comedian/Producer Yvonne Orji (HBO’s “Insecure” and her own upcoming HBO comedy special, Co-Host of “Jesus and Jollof” podcast); Aisha Tyler, Actress (CBS “Criminal Minds”), Comedian, Director, and Entrepreneur of Courage and Stone cocktails; Dusty Baker, Legendary MLB Player and Manager, Founder of Baker Family Wines and Baker Energy Team, a renewable energy company; Actress Adriyan Rae (Starring on Syfy’s series “Vagrant Queen”); Actress Radha Mitchell (Lionsgate’s new horror thriller “Dreamkatcher,” “Finding Neverland,” “Olympus Has Fallen”); Jimmy Wong, Actor (Disney’s upcoming film “Mulan,” Sony’s upcoming film “Wish Dragon”, “Video Game High School”), Co-Host/Creator of hit YouTube channel Feast of Fiction and Co-Author of “The Feast of Fiction Kitchen” cookbook; Actor Nyambi Nyambi (CBS All Access “The Good Fight,” “Mike & Molly,” “Blindspotting”); Cocoa Brown, Comedian, Actress (Tyler Perry’s “For Better or Worse,” FOX’s “9-1-1”); Jeff Clanagan, Award-winning Producer and Founder of Codeblack Films, President of Kevin Hart’s Laugh Out Loud Network and HartBeat Digital; Camille Tucker, Co-Writer of Lifetime’s Hit Movie “The Clark Sisters: First Ladies of Gospel”; Theresa “Resa B.” Luster, Senior Brand Manager at Luster Products, Inc. where she leads the Luster’s Pink haircare brand; Mychel “Snoop” Dillard, Serial Entrepreneur, Co-Owner of Escobar restaurants and Members Only venture with 2 Chainz, Owner of Remedy Spa & Salon Suites, Hookah Hideaway, Party Bus Kings; Shanti Das, Music Industry Veteran, Motivational Speaker, Mental Health Advocate, and Founder/Executive Director of non-profit Silence the Shame; Brandon “Puncho” Williams, CEO & Owner of Puncho’s Late-Nite Fry Trap pop-up kitchen; Herman Dolce, CEO of Bella Sloane Enterprises, which provides clients with credit repair services, financial education, and business funding, and Co-Founder of the Blueprint Foundation; and Terry Brown, Owner of Armor Bearer Protective Services, providing VIP/executive/celebrity personal protection.
Rushion McDonald produces “Money Making Conversations” through his multimedia company 3815 Media, where he is the business manager for ESPN’s Stephen A. Smith and was the Chief Marketing Officer for the Air National Guard’s national account for recruitment and retention in the 50 states, Guam, Puerto Rico, U.S. Virgin Islands and Washington, DC. Bringing McDonald’s business and entertainment expertise together with the expertise and illuminating journeys to success, building careers, and maintaining personal wellness from his guests, “Money Making Conversations” features CEOs, celebrities, entrepreneurs, industry decision makers, motivational speakers, media personalities, and writers. A multiple EMMY® and NAACP Image Award winner, Rushion McDonald is a television and film producer, sitcom writer, branding architect, award-winning baker, and he’s written and produced for Kevin Hart, Taraji P. Henson, Gabrielle Union, Jamie Foxx, Tia and Tamera Mowry, Steve Harvey, and managed multi-million dollar deals and campaigns.
When you hear the name Sallie Mae, you probably think of student loans. There’s a good reason for that; Sallie Mae has a long history, during which time it has provided both federal and private student loans.
However, as of 2014, all of Sallie Mae’s student loans are private, and its federal loans have been sold to another servicer. Here’s what to know if you have a Sallie Mae loan or are considering taking one out.
What is Sallie Mae?
Sallie Mae is a company that currently offers private student loans. But it has taken a few forms over the years.
In 1972, Congress first created the Student Loan Marketing Association (SLMA) as a private, for-profit corporation. Congress gave SLMA, commonly called “Sallie Mae,” the status of a government-sponsored enterprise (GSE) to support the company in its mission to provide stability and liquidity to the student loan market as a warehouse for student loans.
However, in 2004, the structure and purpose of the company began to change. SLMA dissolved in late December of that year, and the SLM Corporation, or “Sallie Mae,” was formed in its place as a fully private-sector company without GSE status.
In 2014, the company underwent another big adjustment when Sallie Mae split to form Navient and Sallie Mae. Navient is a federal student loan servicer that manages existing student loan accounts. Meanwhile, Sallie Mae continues to offer private student loans and other financial products to consumers. If you took out a student loan with Sallie Mae prior to 2014, there’s a chance that it was a federal student loan under the now-defunct Federal Family Education Loan Program (FFELP).
At present, Sallie Mae owns 1.4 percent of student loans in the United States. In addition to private student loans, the bank also offers credit cards, personal loans and savings accounts to its customers, many of whom are college students.
What is the difference between private and federal student loans?
With federal student loans, you typically do not need a co-signer or even a credit check. The loans also come with numerous benefits, such as the ability to adjust your repayment plan based on your income. You may also be able to pause payments with a forbearance or deferment and perhaps even qualify for some level of student loan forgiveness.
On the negative side, most federal student loans feature borrowing limits, so you might need to find supplemental funding or scholarships if your educational costs exceed federal loan maximums.
Private student loans are educational loans you can access from private lenders, such as banks, credit unions and online lenders. On the plus side, private student loans often feature higher loan amounts than you can access through federal funding. And if you or your co-signer has excellent credit, you may be able to secure a competitive interest rate as well.
As for drawbacks, private student loans don’t offer the valuable benefits that federal student borrowers can enjoy. You may also face higher interest rates or have a harder time qualifying for financing if you have bad credit.
Are Sallie Mae loans better than federal student loans?
In general, federal loans are the best first choice for student borrowers. Federal student loans offer numerous benefits that private loans do not. You’ll generally want to complete the Free Application for Federal Student Aid (FAFSA) and review federal funding options before applying for any type of private student loan — Sallie Mae loans included.
However, private student loans, like those offered by Sallie Mae, do have their place. In some cases, federal student aid, grants, scholarships, work-study programs and savings might not be enough to cover educational expenses. In these situations, private student loans may provide you with another way to pay for college.
If you do need to take out private student loans, Sallie Mae is a lender worth considering. It offers loans for a variety of needs, including undergrad, MBA school, medical school, dental school and law school. Its loans also feature 100 percent coverage, so you can find funding for all of your certified school expenses.
With that said, it’s always best to compare a few lenders before committing. All lenders evaluate income and credit score differently, so it’s possible that another lender could give you lower interest rates or more favorable terms.
The bottom line
Sallie Mae may be a good choice if you’re in the market for private student loans and other financial products. Just be sure to do your research upfront, as you should before you take out any form of financing. Comparing multiple offers always gives you the best chance of saving money.
Wealth manager, Harry Abrahamsen, has five simple ways to stay on top of the big financial picture.
PORTLAND, Maine — Keeping track of our financial stability is something we can all do, whether we have IRAs or 401ks or just a checking account. Harry J. Abrahamsen is the Founder of Abrahamsen Financial Group. He works with clients to create and grow their own wealth. Abrahamsen shares five financial tips, starting with knowing what you have.
1. Analyze Your Finances Quarterly or Biannually
You want to make sure that your long-term strategy is congruent with your short-term strategy. If the short-term is not working out, you may need to adjust what you are doing to make sure your outcome produces the desired results you are looking to accomplish. It is just like setting sail on a voyage across the Atlantic Ocean. You know where you want to go and plot your course, but there are many factors that need to be considered to actually get you across and across safely. Your finances behave the exact same way. Check your current situation and make sure you are taking into consideration all of the various wealth-eroding factors that can take you completely off course.
With interest rates very low, now might be a good time to consider refinancing student loans or mortgages, or consolidating credit card debt. However, do so only if you need to or if you can create a positive cash flow. To ensure that you are saving the most by doing so, you must look at current payments, excluding taxes and insurance costs. This way you can do an apples-to-apples comparison.
The most important things to look for when reviewing your credit report is accuracy. Make sure the reporting agencies are reporting things actuary. If it doesn’t appear to be reporting correct and accurate information, you should consult with a reputable credit repair company to help you fix the incorrect information.
4. Savings and Retirement Accounts
The most important thing to consider when reviewing your savings and retirement accounts is to make sure the strategies match your short-term and long-term investment objectives. All too often people end up making decisions one at a time, at different times in their lives, with different people, under different circumstances. Having a sound strategy in place will allow you to view your finances with a macro-economic lens vs a micro-economic view. Stay the course and adjust accordingly from a risk and tax standpoint.
A great tip for lowering utility bills or car insurance premiums: Simply ask! There may be things you are not aware of that could save you hundreds of dollars every month. You just need to call all of the companies that you do business with to find out about cost-cutting strategies.
Sana pwedeng mabura ang bad credit history as quickly and easily as paying off your utility bills, ‘no? Unfortunately, it takes time. And bago mo pa maayos ang bad credit mo, more often than not, kailangan mo na namang mag-avail ng panibagong loan.
Good thing you can still get a loan even with bad credit, kahit na medyo limited ang options. How do you get a loan if you have bad credit? Alamin sa short guide na ito.