Logo
  • Press Releases
    • Technology Press Release
    • Social Pluggs
    • Press Releases
    • Legal Press Release
    • Home Decor Press Release
    • Health Press Release
    • Featured Stories
    • Entertainment & Lifestyle Press Release
    • Business Press Release
    • Blog Stories
  • News
  • Video News
  • Create Account

Whiz Kid’s Book Advocates Community Colleges as Solution to Financial Crisis

08/09/2012 (press release: dannyasingh19) // Orlando, Florida, United State // Rita Singh

Singh raises concerns that the student loans crisis will cause a recession in America which could possibly be worse than the housing crisis, because unlike home loans, student loans are not dischargeable in bankruptcy and they have exceeded 1 trillion dollars.

He is providing expert advice in his finance book, Finance 101: The Whiz Kid’s Perfect Credit Guide. He is also running his own independent and non-profit credit advisory agency called “Students’ Finance Success” from his home in East Orlando, helping families save homes from foreclosure, save cars from repossession, manage student loans, and helping them fix their credit reports.

Singh’s own story started when he took over his mother’s finances, at just 11 years old.

“My mother began working more than 60 hours a week, and she was working long hours too. She was overwhelmed by our financial situation and turned to me for help,” said Singh.

Rita Singh added her 11-year-old son as an authorized user on all of her accounts so the companies would release her information to him. A finance whiz kid, Singh was dedicated to the cause, learning everything he could by talking to the customer service representatives on the phone, diligently researching information on the internet, scrutinizing the fine print on account statements and quizzing his mother.

As a result, for the past eight years he has been successfully managing his mother’s IRA, paying all her bills and making sure the deposit accounts do not pass into the red. Singh established perfect credit record for his mother – all the while maintaining his own strong academic record.

“I worked with more than 30 different banks, who have each contributed to my skills. One major accomplishment was getting the interest rates reduced and the annual fees removed on several of my mother’s credit cards,” Singh said.

He didn’t stop there. Singh increased the credit limits on his mother’s credit cards, linking them to checking accounts to prevent overdraft fees, which achieved increased credit scores. The 14-year-old ‘finance whiz kid’ was then able to refinance the mortgage.

“The mortgage interest rate was reduced to 4.86 percent fixed with a 30-year loan term. Then I set to work refinancing the car. I asked my mother to open a new credit card, which meant I could transfer her 7 percent interest rate car loan onto it and obtain a fixed interest rate of 3.99 percent for life,” he said.

To reduce the expenses of the car and house further, Singh negotiated cheaper premiums with the insurance companies, using his mother’s new high credit scores.

While proactively reducing his mother’s debt, Singh’s financial diligence has also prevented some anomalies that might otherwise have gone unnoticed.

“When I was 18, I discovered my mother was being charged the wrong interest rate by a credit card company, so I simply contacted the corporate office. The bank confirmed it was their mistake and we were refunded over $1,300 in interest and fees,” Singh said.

When a fraudulent company was found stealing money from his mother’s bank accounts, Singh reported the issue to the Better Business Bureau and the Internet Complaints Board, and then worked with the bank to return all her money.

Friends and family have also benefited from Singh’s help with their mortgage problems. He solved a credit issue for his grandmother, ensuring she was approved for credit after first being denied.

Now aged 19, Danny Singh is working to raise awareness of credit issues amongst his fellow students at Seminole State College of Florida and further afield. His financial seminars at the college educate the students on the most effective plans to pay off their loans and other debts.

“I recommend students do the maximum number of classes at a community or state college to get into the least amount of student loan debt, and reduce financial stress,” he said.

Singh is donating all the royalties he receives from his book, Finance 101: The Whiz Kid’s Perfect Credit Guide, to the Children’s National Medical Center in Washington DC to support HIV research.

And while he is helping others with their financial dreams, Danny has his own goal to achieve.

“I’m planning on having a role at Chase Bank as a financial adviser when I finish my MBA and Ph.D. in two years. But above all, I want to ensure my mother is mortgage-free,” he said.

About Danny Singh

Singh is the grandson of late Narendra Singh , more popularly known as Bachcha Babu, famous for plying steamers between Palheja Ghat in Patna and Hajipur prior to the construction of Gandhi Setu. He has been taking care of his mother’s finances since he was 11 years old, is a first generation college student, and 2011 graduate of University High School’s International Baccalaureate program and is part of the Art and Phyllis Grindle Honors Institute at Seminole State College of Florida. His financial genius has attracted several news stations, Governor Rick Perry , Seminole County Commissioner Bob Dallari , Florida State Representative Jason Brodeur, and Senator Marco Rubio – who have all recognized him as the ‘financial whiz kid’. It took 7 months to finish his book, Finance 101: The Whiz Kid’s Perfect Credit Guide, which is available to buy on Amazon.com and other online booksellers.



  • Diggit
  • Pinterest
  • Twitter
  • Linkedin
  • Google+
  • Facebook
  • Reddit
  • Stumble

Related posts:

Default ThumbnailSwashbuckling September at Lightwater Valley: Four weekends of Pirate Adventure Lace Your Curves announces Win a Plus Size Lingerie Makeover contest Default ThumbnailKing Mohammed VI receives High Commissioner for Planning Skies at Vantage Bay, Residential Condo in Iskandar, Malaysia.
August 10, 2012   Students Finance Success
Students Finance Success August 10, 2012 3:45 am
Entertainment & Lifestyle Press Release community college, credit card, danny singh, finance 101, financial whiz, foreclosure, HIV, real estate, student loans
×

Categories

  • Automotive PR
  • Blog Stories
  • Business Press Release
  • Criminal Law
  • Dallas
  • Employment Law
  • Entertainment & Lifestyle Press Release
  • Events
  • False Clam Act
  • Featured Stories
  • Google Hangouts
  • Health Press Release
  • Home Decor Press Release
  • Legal Press Release
  • News
  • Personal Injury Law
  • Press Releases
  • Press Releases
  • Restaurant & Dining
  • Rising Star
  • Social Pluggs
  • Sports
  • Technology Press Release
  • Twitter
  • Video News
  • West Palm Beach

Recent Press Releases

  • VIP Capital Funding, Preparedness is Key for Small Business-Mid Sized businesses in the Uncertain Economy January 6, 2021
  • Steel Bite Pro Reviews – Ingredients Cause Side Effects or Safe Formula? Supplement Searcher Report December 29, 2020
  • Rise of Data Science, Big Data and Data Analytics – Learn Python – Preferred Language for Data Science December 27, 2020
  • Does Quietum Plus Really Work For Tinnitus and Hearing Support? Read Quietum Plus Review December 26, 2020
  • Leading Los Angeles Web Design Agency Revitalises Ecommerce for Local Business – Web Design Xpert December 3, 2020
  • Cody Wagner, Car Enthusiast & Bestselling Author Presents CodysCarConundrum.com December 3, 2020
  • Jeremy McCool, CEO at HEVO, Successfully Tests to SAE J2954 and UL Standards December 3, 2020
  • Realtor Mo Abboud Today Is a Universal Catchword for Success in overcoming personal hardship December 2, 2020
  • Teds WoodWorking Reviews: Practical Tips & Free PDF Plans On How To Work Wooden Materials – TedsWoodworking December 2, 2020
  • World’s First Inventor of Alcohol-Free Liquor Shares How His Work Attracts Competition December 1, 2020
  • Glasgow Based SEO Craig Campbell Makes Guest Appearance on Running the Bases with Small Businesses December 1, 2020
  • HeatCore Reviews | HeatCore Space Heater | Money-Saving Portable Heater Can Go Anywhere! November 29, 2020
  • Best Top Google Nest Hub Deals Report by TopWire November 28, 2020
  • Blaux Bidet Reviews – Portable and Adjustable Premium Bidet? November 23, 2020
  • Grademart.com an B2B E-commerce Marketplace for SMEs Launched to Buy and Sell Industrial Products. November 23, 2020
  • Suffolk’s Damp Proofing Experts Announce Free Damp Surveys November 23, 2020
  • Top NJ Public University The College of New Jersey Celebrates 50th Anniversary of Nationally Leading Health School November 23, 2020
  • Skinncell Pro: This Review On Skincell Pro Helps Understand Mole and Skin Tags Remover? November 22, 2020
  • 1Lumen.com Announces the Best Flashlights of 2020 November 19, 2020
  • Rita Kakati-Shah Launches Women in Business Book November 18, 2020

Share Buttons

  • Diggit
  • Pinterest
  • Twitter
  • Linkedin
  • Google+
  • Facebook
  • Reddit
  • Stumble

Tags

Boca Car Accident Lawyer business charity cosmetic surgery dallas dallas criminal defense lawyer digital marketing eBooks education Entertainment facebook finance florida google HVAC Contractor indoor air quality iPhone King Mohammed VI lender marketing Missguided MOROCCO mortgage Music nfm lending NFM Salute online forms Parcel2Go parcel delivery Philadelphia car accident lawyer real estate Royal Thai Army search engine optimization seo Small Business Social media Southern Surgical Arts technology Texas Texas criminal defense lawyer Thai Army Thailand The Harley Medical Group twitter Zara Tours

Old Stories

Copyright © 2021 Submit123PR | Press Release Service
Simple Share Buttons