Below you'll find a list of all posts that have been tagged as “coronavirus”
As part of the financial relief during the Coronavirus epidemic, interest rates on most federal student loans have been lowered to 0%. This interest rate freeze is set to expire on September 30, 2020. Several readers have asked about the possibility of the 0% interest rate being extended beyond the …
Refinancing a refinance student loan might sound redundant, but it is an excellent way for borrowers to eliminate debt more efficiently. Not all borrowers should try to refinance their student loans a second time, but in many circumstances, the permitted extra refi can save a bundle and provide some financial …
Most federal student loans have a 0% interest through September. Depending upon what transpires over the next few months, the 0% interest could be extended. During this time, borrowers are not required to make payments. Many are suggesting that those who can still make payments should continue to make payments. …
Funding a college education has always been a source of stress inside college families. Navigating the FAFSA and tracking down the right mix of scholarships, grants, and loans can be a time-consuming endeavor. For many, the growing cost of higher education has represented a significant hardship. Adding COVID-19 and the …
Generally speaking, when student loan borrowers acquire a chunk of money via a bonus, inheritance, or tax refund, using the money to pay down student debt has been a smart move. However, we are in unprecedented times due to Covid-19, and borrowers should use their stimulus checks accordingly. Due to …
Covid-19 has had a profound impact on many aspects of our lives. Managing student loans is no exception. The fast-changing economic conditions have had a significant influence on the student loan refinance process. Due to these changes, many borrowers may want to delay refinancing their student loans, as it could …
On Friday, March 13, President Trump announced that he was pausing student loan interest “until further notice” to help support a slumping economy. At this point, many of the details are still being worked out. The Department of Education is awaiting instructions from the White House while the nine federal …
