Step-by-Step Guide to Lowering Sallie Mae Interest Rate and Payments
Sallie Mae doesn’t advertise the rate reduction program. However, borrowers that are truly struggling may qualify for temporarily reduced interest rates.
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.
Sallie Mae doesn’t advertise the rate reduction program. However, borrowers that are truly struggling may qualify for temporarily reduced interest rates.
Discharging student debt in a bankruptcy isn’t impossible. However, it is really hard. The rules for student loans are different from most other forms of debt.
Helping a borrower who fell behind on his Sallie Mae payments lead to an unlikely discovery: Sallie Mae will lower interest rates for some borrowers.
I consolidated my loans, but somehow my debt doubled. After a couple of scary days, I learned a lot about the federal consolidation process.