interest discussion Archives

When Will Student Loan Repayment Actually Start?

Nailing down the exact date of the repayment restart isn’t easy, but we know enough to have a pretty good idea of when that first bill will be due.

With interest rates on the rise, and likely to go higher, now is a great time to lock in the security of a fixed-rate loan.

Rapidly increasing interest rates make student loan repayment especially difficult. These strategies will help keep things manageable.

Joe Biden’s new Income-Driven Repayment plan would result in many borrowers indefinitely paying 0% interest on their federal loans.

Locking in a fixed-rate student loan means no more interest rate increases or monthly payment changes.

Lenders often charge borrowers far more than what they originally borrowed because of interest and fees, but sometimes extra costs are avoidable.

Inflation often means higher student loan payments for borrowers. However, interest rates increases are avoidable.

The APR and Interest Rate for most student loans are usually identical. Federal student loans are one big exception.

Stopping your lender from raising rates is tricky, but there are a few ways to prevent your interest rates from going up.