Below you'll find a list of all posts that have been tagged as “strategy”
American Education Services, usually called AES, is one the largest servicers of federal and private student loans in the United States. Many AES borrowers may face the question of whether or not they should refinance or consolidate their AES loans. In some cases the refinancing or consolidating can be an …
Typically when we write about student loan repayment strategy, we cover a wide range of situations. When a borrower is thinking about a repayment plan, things like marital status, retirement planning, and whether or not they want to buy a house all can enter the equation. Today we will throw …
Retirement plans such as 401(k)s are built on the notion that workers can set aside a bit of money from each paycheck and expect to live reasonably comfortable in retirement. An essential component of this plan is powered by compounding interest. A little bit of money saved in your 20’s …
When it comes to federal student loan repayment plans, there isn’t a plan that is definitively the best. Some plans work great in certain circumstances, while others excel under different conditions. Today we will take a deep dive into the federal student loan repayment plans and various options avaialble. For …
For borrowers that are neither wealthy nor poor, eliminating student debt can be difficult. Paying off student loans does not have to take decades. There are many strategies for middle income borrowers to erase student debt. The situation is difficult, but it can be managed. here are excellent resources out …
Student loan refinancing is a great way to turn a good credit score and income into lower student loan interest rates. Once borrowers experience the savings from a refinance or a consolidation, the temptation is to do it again and again. Going through the process for a second, third, or …
When this blog was first created, just over five years ago, my goal was to make student loan management just a bit easier. Figuring out how to deal with my law school debt was way more complicated than necessary, and I figured that I could post a few articles and …
Repaying student loans is a long difficult marathon. Smart borrowers know that the interest on the loan is the real enemy. Payments towards interest do not lower the balance owed; interest payments are simply lender profits. For this reason, many responsible borrowers pay a little extra each month towards their …
Refinancing debt can be a powerful financial move. The investment of time is relatively minimal and the process can save hundreds of dollars a month, and many thousands of dollars in interest over the life of the loan. For this reason, many people choose to refinance their mortgage and their …
Fedloan Servicing, also known as myfedloan, is one of the largest servicers of federal student loans. Though Fedloan Servicing has been entrusted by the government to manage billions of dollars in student loans, they often fall short of minimal quality standards expected by many borrowers and taxpayers. The challenges of …
