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.
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.