Expert Tip: Don’t Make Extra Payments During Covid-19 Interest Freeze
Using the federal interest freeze to knock out student debt is a smart strategy, but you might want to hold onto those payments until the end.
There is a long list of resources to knock out federal and private student loans. For many borrowers, the ideal approach will be a combination of some of the programs below.
If you are brand new to student loan repayment, this guide is a helpful starting point.
Using the federal interest freeze to knock out student debt is a smart strategy, but you might want to hold onto those payments until the end.
Sometimes student loan repayment seems impossible, but for borrowers with federal loans, it is possible to keep things manageable.
Paying extra towards your student loans is a great idea, but it is important that you are strategic about the loan you attack.
Student loan repayment strategy is a little bit different due to the unique nature of working as a rideshare driver.
Parental help during repayment can make a huge difference in student loan elimination. Several different strategies can maximize this help.
If the primary borrower isn’t making payments on a student loan, cosigners have several options to address the situation.
Consolidation and refinancing can have temporary and long-lasting impacts on your credit report.
Negotiating a student loan payoff usually isn’t possible except for a couple very limited situations.
Cosigning student loans is usually a bad idea, even on refinance loans. However, if you are already a cosigner on a student loan, it makes sense to also cosign on the refinance loan.