All Student Loans Articles

How Do Student Loans Work? Here Are the 8 Basic Steps!

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If your savings, scholarships, and federal student loans don’t cover your college tuition, it’s time to consider private student loans. If you’re wondering “how do student loans work?” you’re definitely not alone. Therefore, to save you time, we’ve put together everything you need to know getting a private student loan. What you’ll learn about in …
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Ways To Change Your Student Loan Interest Rate

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When you take out a student loan, you’ll have an interest rate that you will have to pay on the amount that you borrow. For the most part, interest rates will remain consistent throughout the life of your loan (especially if you opted for a fixed rate). Interest rates greatly affect how you calculate student …
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4 Ways Student Loans Affect Your Credit Score

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Understanding how student loans affect your credit score will help you make informed decisions that will protect your credit history. It can even help you build a strong credit score. A bad credit score makes it very difficult to get approved for any loans in the future. And those few lenders who are willing to …
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What Is Financial Awareness Counseling For Federal Student Loans?

Consider doing financial awareness counseling after you took out a federal student loan student loans
Financial Awareness Counseling is online interactive tool. Provided by the federal government, the tool helps students understand their loans and their commitment as borrowers.   All students and families who have federal student loans can access this tool by logging into their account on the Federal Student Aid site and clicking the Financial Awareness Counseling link. What …
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How To Choose Between a Fixed And Variable Interest Rate

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As you research private student loans, you’ll come across the terms: fixed interest rate and variable interest rate. But what exactly does that mean? How do you choose between them? The Difference Between Fixed and Variable Interest Rates With a variable rate loan, the interest rate will change regularly depending on the market conditions. They …
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