Michael P. Lux, Esq., Author at The Student Loan Sherpa

Should I take out a student loan to build up my credit score?

A student loan might help your credit score as a college student, but there are better ways to build a credit history.

Key differences in tax advantages, forgiveness programs, and refinancing make the debt elimination decision more complicated.

Prior employment can be used towards PSLF. However, the requirements are strict and your previous employer will need to certify your job.

Student loan nightmares are increasingly common. Most of these situations are caused by a few common mistakes.

Lenders might ask a borrower to add another cosigner to their loan, but borrowers should say no to this request.

SoFi and College Ave have similar interest rates, but SoFi gets the edge for most borrowers.

Seeing double student debt on your credit report is scary. Fortunately, this issue often quickly resolves itself.

Refinancing or your student loans can save thousands of dollars with a little bit of effort, but mistakes are very costly and hard to fix.

Getting a bonus from your lender for early repayment would be nice, but it won’t happen. However, there are plenty of other perks to early repayment.