We help you help yourself
Giving you the Keys to Financial Health with a low rate debt consolidation loan
Welcome to Broadstar Financial
At Broadstar Financial, we know that there is no one-size fits all solution when it comes to managing your debt. Every family is different based on its own set of financial, logistical and emotional circumstances. If you are looking to ease your existing debt load, we will explore alternatives for you to pay off your credit cards at a lower rate that what you may be currently paying.
Broadstar Financial reviews applications to determine if individuals are eligible for loans. If they are eligible, their loan applications are then referred to a loan company. If they do not qualify, Broadstar Financial is unable to assist them in getting a loan.
The Right Way to Pay Off Debt
Accumulating debt can really sneak up on you. Credit cards often offer low monthly payments and high rates of interest that when combined with high balances can become a real financial nightmare. Once you recognize you have too much debt, there are a number of ways to address the problem and repair the damage.
The long term strategy is to control spending and gradually pay off debt, while changing spending habits.An effective short cut, is through a debt consolidation loan. While a debt consolidation loan does not make the debt immediately go away, it can provide immediate relief with improved cash flow. That’s because this strategy will provide a lower rate of interest, lower payments and a faster payoff.
If your debt is overwhelming and you are unable to budget your way out of debt, then a consolidation loan might be the answer. This solution allows you to convert high interest credit card debt into lower interest payments that will pay the debt off faster. The biggest advantage to a consolidation loan is that it offers immediate relief for an overwhelming problem. It can reduce monthly costs so you are living within your means and making progress with paying off debt. Read more.
**Qualification for loans is based on information in your credit report indicating that you meet certain criteria. Qualification is not guaranteed if you do not meet select criteria.
Tips on Winning More College Scholarships
Scholarships can make the high cost of a college education bearable. While most students do not win a full scholarship, it is possible to save thousands of dollars on your education by creating a systematic plan to win more free money for college.
Select the Right Scholarship Applications
Begin by registering on multiple scholarship websites such as Fastweb.com and scholarship.com, which offer over 3.7 million scholarships. These websites aggregate millions of available resources. A more detailed profile, will refine your search and increase the quality of scholarships.
National and Corporate scholarships draw a lot of applicants. For example, The Burger King, James W. McLamore WHOPPER Scholarship will award the winner $50,000. The Coca-Cola Scholars Program Scholarship offers awards to 150 students and The Dell Scholars award 400 scholarships of up to $20,000.
Online websites make it easier to locate and apply for awards, forcing students to compete with applicants from across the country. Larger awards draw more applicants and can decrease the chances of winning. The same principle applies to awards with few requirements. The easier it is to apply the more applicants will fight for those dollars.
Strategically select the applications you want to pursue, and choose ones that allow you to show off your skillset .. Don’t shy away from applications which require an essay, project, or other factor because it will greatly limit the competition.
Apply for a few scholarships at a time rather than completing dozens of short applications with a low chance of winning. Select the scholarships based on both qualifications and your ability to win.
Find five scholarships with deadlines in the next six months. How well do your experience, background, or skills, meet the requirements? After choosing the target applications, make them a priority, and set aside specific times each week to focus on completing each application. Be thorough, follow the guidelines with exactness, and offer your best work.
Apply Early and Often
Do not delay until your junior or senior year of high school to begin looking for free money. Many organizations offer scholarships beginning in 9th grade. Some even target younger ages. It is not necessary to select a school to win scholarships. Most private scholarships will apply to any qualified school you attend.
Continue applying until you obtain your desired degree. There are scholarships for upper-class students, as well as graduate degrees.
Record Yourself, Then Transcribe
If you find it a challenge to write, try transcribing your responses. Record your thoughts, transcribe, and edit your work. It is not necessary to be a top essay writer to win a scholarship. Review the application questions and contemplate your response. Thoroughly research and consider what each organization values, then highlight the areas of your life which reflect those values.
Applying for scholarships can be time-consuming and discouraging when you do not win. However, breaking down your time and the worth of the award can help you stay motivated.