Find out your options to resolve student loan repayment issues.
Attending college has many financial advantages as studies say college graduates can earn more money. A 2021 report by the
Federal student loan payment relief has been extended to May 1, 2022, due to COVID-19 and is expected to help 41 million borrowers.
When you want to know how to pay off student loans fast think student loan refinancing. It’s a way to pay off student loans fast plus save thousands of dollars due to lower interest rates.
Consolidate student loans to get better terms, lower payments, save money and get out of default. Both federal and private loans can be consolidated but the process is different. Good credit not needed for federal student loan consolidation.
To meet the problem of growing student loan debt, the Department of Education offers PAYE and REPAYE Repayment Plans that reduce monthly student loan payments and forgives student loan debt after certain terms are met.
Refinance student loans, both private and federal for one lower payment. Student loan refinance can lower rates, payments and length of loan. No doubt you’ve heard how voluminous student loan debt has grown to 1.5 trillion. Get out of debt sooner by refinancing.
Negative accounts, even paid defaulted loans can remain on your credit report for seven years from the original date of the first missed payment that led to the defaulted off status.