All Student Loans Articles

Believe it or not, student loans can actually be beneficial! If managed properly, student loans can end up positively affecting your credit score and history—showing that you’re a responsible borrower. However, if mismanaged, student loans can end up negatively affecting your credit score. A negative credit score makes it harder for you to get loans …

The Public Service Loan Forgiveness program forgives any outstanding federal loans after 10 years of consistent payments for borrowers that were employed in a public service field. For example, a teacher, government worker, or social services worker, or a member of the military. In the fiscal 2018 budget, Congress announced that the current iteration of …

With the ever-increasing cost of college, many students have the need to take out a student loan to pay for college. Sometimes, federal student loans are just not enough and many students end up having to cover the shortfall by applying for private student loans. While there are several legitimate and reputable private lenders, there …

Once your college days are over and you have that first post-graduate job, it feels great to be able to be your own person financially and pay for things when you need or want them. One of the negative aspects of this, however, comes in the form of looming student loan delinquency. You signed that …

A student loan grace period sounds pleasant, doesn’t it? But what is a student loan grace period? It’s six months where you don’t have to make student loan payments after you graduate from college. But that doesn’t mean you should sit idle. A grace period is the perfect time to make a plan for your …

Taking out student loans to pay for college is already stressful. The last thing any borrower wants is to let their loan go into default. Keep in mind that there’s a difference between delinquency and defaulting. Delinquency is when you initially miss a payment. Defaulting is when you miss a payment and don’t make any …

While consolidating a student loan is a great solution for anyone looking for a way to manage their monthly payments, this may not necessarily be the right option for you. Before you choose to consolidate your student loans, ask yourself these questions: Should I choose to lower my monthly payments? The only way lower your …

Student loan consolidation and refinancing are two of the most popular solutions that students turn to in order to better manage their loan payments. However, both refinance and consolidation work differently from each other. How Credit Score Affects Student Loan Consolidation Consolidating your loans means you are simply combining multiple existing loans into a single consolidated …