Interest Charges on Deferments and Forbearances
Interest usually accrues during a forbearance or deferment. However, there are a couple of noteworthy exceptions to the rule.
Latest Posts in interest discussion
The Best Student Loan Refinance Rates for September 2021
Student loan refinance rates remain near record lows, but they appear to be creeping up as the federal interest freeze nears an end.
What is a good student loan interest rate?
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.
What Does Inflation Mean for Student Loans?
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.
14 Ways to Get a Lower Interest Rate on Your Student Loans
Whether you are struggling or cruising to debt elimination, there are options to get a lower interest rate.
3 Reasons Your Student Loan Bill Has a Higher Interest Payment
Changes to monthly student loan charges are common. Some increases are easy to fix while others are more complicated.
Should I Pay Off My Unpaid Interest Before It Capitalizes?
Many student loan borrowers receive a notice of unpaid interest letter from their student loan servicer. In many cases, making a payment isn’t necessary or advisable.
Improve the Ratio of Principal to Interest on Student Loan Payments
When payments go almost entirely towards interest, lenders profit and debt lingers. Fortunately, there are ways to improve this situation.
When Does Student Loan Interest Get Added to My Balance?
Knowing when student loan interest gets added to your balance means you know how to prevent student loan interest from getting added to your balance.