All Student Loans Articles

College may be over and done with (or nearing it), but your student loan balance is far from. Graduation day, in fact, marks the beginning of our real journey towards financial freedom, and it all starts with paying off your debt. It can be bewildering at first as you try to figure out how to …

Student loan forgiveness programs are introduced by the federal government and only apply to federal student loans. These programs are one of many benefits associated with federal student loans. These programs help you to clear your debt completely and save thousands of dollars in interest. However, it’s not that simple or straightforward. No lender, not …

Although deferment or forbearance can be real lifelines when you are in a financial crunch with absolutely no way to make your payments, they can create even more financial problems for you if you make a rash decision. Things to Consider with Deferment or Forbearance Before you consider deferment or forbearance options, here are a few …

If you have taken any student loans to fund your college education, you can expect to spend a major portion of your earnings trying to reduce your debt after you graduate. If you plan well, things should move along smoothly and you should be able to repay the loan within a few years of consistent …

“When should I pay off my student loan after college?” “Should I take care of it right now or wait for a later date?” These are two of the more common questions that will run through most students’ minds after they graduate.  If you have a student loan hanging over your head you will be …

These days, a majority of college students find themselves having to take loans out to assist in their tuition payments. Most of these loans are to be completed in installments over a long period of time after graduation. If you’re the type of person, like yours truly, that finds paying bills to be stressful or …

When you are behind on your student loan payments, it is considered a delinquency. It does not take long for a loan delinquency to occur. If you miss a due date payment, the very next day the loan is considered to be delinquent. The loan goes into default if you are delinquent for a certain …

Federal student loans should be your first option when you are looking for financial assistance to fund your college education. But before you even apply for any loan, it is a good idea to understand what the different repayment programs available. This will help you make smart choices that can reduce your monthly student loan …

Do you have to send in payments to more than one lending institution to repay your student loans? Do you have a huge monthly payment that you are scrambling to scrape up each month? If any of the two scenarios above apply to you, then loan consolidation may be the right choice for you. Take …