Below you'll find a list of all posts that have been tagged as “student loans”
Smart borrowers are always looking for opportunities to save money on student loan payments. One common reader question looks something like this: I owe $15,000 on my student loan. If I’m able to pay my lender a lump sum of $10,000 now, is there a way to get them to …
When a close friend or family member passes away, student loans are an afterthought. Unfortunately, the death of a loved one who cosigned a student loan can have negative consequences on the borrower, even if the borrower has never missed a payment. The good news is that these issues are …
Generally speaking, once a student loan consolidation or refinance is complete, there is no going back. Fortunately, there are a couple of bits of good news for borrowers concerned they made a mistake: There are many steps required before a consolidation or refinance is final. Even though there isn’t an …
Editor’s Note: This article was originally published on February 8, 2014. It has been updated on January 22, 2020, to reflect up-to-date lender practices and edited for clarity. With interest rates at low levels, I decided to see if I could lower the interest rate on my existing auto loan. …
Editor’s Note: The following article was written by Accredited Financial Counselor Todd Christensen. Any opinions expressed in this article are those of Mr. Christensen. If you were enjoying your 2019 end of year holidays (meaning, you were not watching the news or following politics), you likely missed the signing into …
I recently received two letters in the mail promising “total loan forgiveness,” lower interest rates, and $0 per month student loan payments. The company behind the letters did a good job making them appear to be legitimate. They knew my total federal balance, they had my name and address, and …
Article updated January 6, 2020, to reflect the latest interest rate information. When this site first reviewed SoFi back in March of 2014, readers wanted to know if SoFi was legitimate and how student loan refinancing worked. Over the years, refinancing has become far more common, and SoFi has grown …
As we kick off a brand new decade, now is a great time to look into our crystal ball to see what the future holds. Making exact predictions about student loans is nearly impossible. There is no way to determine the precise changes that will be made or when they …
Student loan repayment can get complicated for married couples. If you are on an income-driven student loan repayment plan, such as IBR or PAYE, how you file your taxes can have a huge impact on your monthly payments. File jointly, and your spouse’s income affects how much you pay. However, …
Article Updated February 5, 2020, to reflect the latest available interest rate information and a new customer promotion of up to $500. One of the newer names to enter the student loan refinance marketplace is Splash Financial. Splash Financial first entered the student loan refinance business as a lender focusing …
