Saturday, December 21, 2019

This guide will cover everything from the basics of student loans,

This guide will cover everything from the basics of student loans, to how to avoid defaulting on your loan. We will go into depth on the subject of Income-Driven Repayment Plans (including a student-loan calculator that will help you compare them) and discuss how and when to consolidate or refinance your loans. After identifying two great strategies that will help you quickly pay off your student loans (if you have the ability to pay a little extra every month), we will talk about the in’s and out’s of all the available student loan forgiveness programs, including teacher and military forgiveness. We will finish off by discussing deferment, forbearance, and how to resolve any disputes that might arise.

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Private student loans are far less regulated

Private student loans are far less regulated, but they often come with a much higher interest rate. They are offered by private banks and a...