If you’re dealing with the costs of education, you’re not alone. Many students use loans to pay for their studies, and it’s important to choose the right loan company. This is because many people pay back their student loans till their fifties or even longer which is quite frustrating. Knowing where to start is hard … Read more
The two primary student loan lenders are either federal or private. The U.S. Department of Education provides federal student loans, while private financial institutions give private student loans. These two types have variations in interest rates, eligibility criteria, loan modification options, and forgiveness programs. While Federal loans offer more flexibility in terms of repayment and … Read more
So you checked your credit score and saw it’s around 600, but you want to take out a student loan to pay for college. Hence, you’re worried your score is too low to qualify. What can you do in this situation? Don’t panic! You can take steps to improve your credit and get approved for student … Read more
You made a mistake years ago that tanked your credit score. Unpaid bills, missed payments, and credit card debt leaves you with a bad credit history that can affect your student loan. Now, you want to return to school to improve your career prospects but need to know how you’ll get approved for student loans … Read more
The whole idea of student loans and personal loans for college students might seem like murky waters. The hard part of navigating your financial responsibilities comes after the excitement of getting into college wears off. As you budget and plan for this stage of life, you’ll need to make important decisions about how to pay … Read more
Student loans are often necessary to pay for college or graduate school. However, choosing a variable or fixed interest rate for your student loan can be confusing. It is not usually black and white to know which of these interest rates is a good deal. Hence, you will need careful consideration and research. This comprehensive … Read more
Student loans can be an investment in your future and represent a long-term financial commitment, but options exist for repayment. The average student loan debt for bachelor’s degree graduates is nearly $30,000. Finding the right repayment strategy is crucial so this debt does not become unmanageable. Federal student loans offer borrowers multiple plans and provisions … Read more
You took out a student loan from Wells Fargo to pay for college, and now you must repay them. With Wells Fargo being one of the largest student loan lenders in the country, many borrowers have loans with them. Managing your Wells Fargo student loans can be confusing, but it doesn’t have to be. Here’s … Read more
Student Loan Consolidation Rates: Student loan debt is a growing problem in America, with over 44 million borrowers owing more than $1.5 trillion in student loans. As college costs continue to rise faster than inflation, many graduates are saddled with massive debt that can feel overwhelming. One option for managing student loans is consolidation, which … Read more
You’re finally able to pay off your student loan more aggressively. But with different interest rates across multiple loans, how do you decide which one to pay off first? It’s an important question – making the right payoff decision can save you thousands of dollars in interest and get you out of debt faster. Here’s … Read more