MyFedLoan Exits Student Loan Servicing: Next Steps for Borrowers
MyFedLoan exiting student loan servicing means headaches for borrowers. However, some issues are avoidable.
MyFedLoan exiting student loan servicing means headaches for borrowers. However, some issues are avoidable.
For most student loan borrowers, a good interest rate is one that is between 2% and 4%. However, many other circumstances need to be considered.
Dave Ramsey has earned his reputation as a trusted personal finance expert, but his one size fits all approach to student loans has flaws.
If you have a fixed-rate student loan, inflation could be a good thing. If your student loan is variable-rate, inflation is bad news.
Repayment of student loans is brutal, but credit card interest rates usually make credit card debt a bigger financial emergency.
Laurel Road’s cashback credit card for student loan borrowers isn’t anything special, but it is a decent option to use rewards to knock out student debt.
Making extra payments towards your student loans is a smart move. Giving the right instructions to lenders is an essential step.
Citizens Bank and Earnest are both heavy hitters in the student loan refinance business, but Earnest is slightly better.
Refinancing federal student loans is often a risky decision. Refinancing private student loans is a smart move as long as you are getting a better interest rate or loan terms.