Demand for student loans in the US has never been as high as today, with almost 69% of new graduates finishing college with an average of $30,000 of debt. In a recent study, it was claimed that the value of outstanding student loans in the United States has more than doubled in ten years by 119.51%. It is, therefore, of prime importance that aspiring students understand the responsibility that a student loan may have on their future life and career.
This new staggering record translates to a 1.64 trillion by the end of 2019 third quarter. Compared to the Q3 of 2009, the loan debt stood at $771.7 billion.
In essence, a Student Loan should act as an invisible hand opening doors for you, helping you achieve your goals of higher education and excelling in your desired profession. While this is the basic principle behind a student loan, it is important to mention that certain providers have taken advantage of the rise in demand to hike interest rates and offer payment plans with dubious intentions.
Keep in mind that as an aspiring student the most important decisions that you will make will be choosing a college, a major and also how you will pay for your education. Choosing the wrong provider can have severe repercussions on your life and career. It is important for anyone interested in getting a student loan to take their time, research the options available in order to make a balanced decision.
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Sallie Mae – Best For Flexibility
- Highly flexible repayment options
- Graduate loans available at a fixed loan rate
- Variable interests for undergraduate loans
Types of Student Loans (Federal & Private)
Even though there are many different types of Student Loans available in [current_date format=Y], all of them can fall into two main categories, Federal Loans, and Private Loans. It is key for individuals to understand the differences between a government-sponsored program and a fully private service. Keep in mind that the average length for full repayment of student loans in the US takes between 15 and 18 years after graduation, it is imperative to plan in order to choose the best possible plan.
Choosing the right provider and loan type are desitions that will follow you for a considerable part of your professional career and your life. Take your time to evaluate all your options before embarking into a Student Loan.
Generally speaking, many individuals believe that dealing with a government loan would be better than dealing with a financial institution. While on paper this is the case as federal plans offer their own type of benefits, in reality, federal loans have changed in the past decade and many individuals are having problems with them. The reason behind the problem is not the loan type or their laws, but the provider that is acting on behalf of the government in order to offer them to the public.
Please note that in order to apply for student aid or a Loan you will have to submit your FAFSA (Free Application for Federal Student Aid) application every year, this will allow you to check your eligibility for a Federal Student Loan. What many people don’t know is that depending on your School and your State, the government may automatically assign you to a provider who will oversee your account.
If you are aiming for a traditional Federal Loan instead of a private, please take your time to understand your options and also to review your assigned provider in cases where it was not selectable.
Federal Loans are usually divided between Subsidized and Unsubsidized, this means that while you are a student the government will take care of the interests, and you will only start paying for the entire loan once you graduate.
Please note that subsidized loans will require the student to be eligible based on family income and necessity for financial aid. On the other hand, unsubsidized loans are available for any individual regardless of financial need.
Private loans are offered by many stable and well known financial institutions, as a private product they respect the laws of Student Loans and the guidelines of the government but they also follow in most cases a proprietary model that will vary from institution to institution.
Keep in mind that just like a federal loan you can still apply to subsidized loans where the government will cover your interests while you finish your education.
From a pricing perspective, federal loans are usually cheaper than private offering, but the latter will offer a more flexible and nimble service. Once you understand the big picture of how much money you need to borrow in order to successfully afford education, you will be able to make the conjectures to determine which type will actually be better for you.
Since you can have both types of loans, it is openly recommended for individuals to take advantage of the free offering from federal loans first and then to borrow any outstanding money with a reputable financial institution as a private student loan.
Pros and Cons of Getting a Student Loan
Getting in debt with the intention of paying for education is one of the noblest reasons anyone should get a loan for. Keep in mind that just like with any other thing in life, Student Loans are not a rose color, they have their own negative and they can be tricky to understand. Knowledge is power, inform yourself the most in order to avoid dealing with tiring situations down the road. Pros Cons When it comes to student loans you will find individuals who are grateful of being able to study what they truly wanted and that they are comfortable paying their loans, but you will also find the ones that have had to deal with either external factors or simply bad luck with their providers and their careers. The best advice I can provide anyone interested in a student loan is to be prepared and aware of the commitment they will be taken with the loan. Take your proper time to analyze meticulously any plan and provider before signing the contract, the more prepare you are, the easier it will be down the road. We live in an online world where reviews can be found on everything, be sure to do your due research before choosing a provider. Don let yourself be lured by deals that are too good to be true!
Sallie Mae is the largest private provider of student loans in the US, with over $180 billion in managed debt and 10 million borrowers. When you start analyzing the numbers it becomes easy to see how big this company really is. The firm started in the early 1970s as a provider for federal loans, it was not until six years ago when the firm drifted towards private offering. If you ever got a Federal Loan from Sallie Mae, it is very probable that it is now being managed by the new group of federal providers like NAVIENT. The firm is a great provider mainly because of all their experience and proven track record, but also because of how flexible they can be when it comes to requesting a loan or repaying for it. This is one of the only firms from this list where I can actually say their best interest is to help individuals and also to help them repay for their loans. This is one of the only companies I’ve seen where they don’t see students as dollar symbols with zeroes to their right ($ 000,000). Additional Information APR: Loan Type: Repayment Options: Loan Amount: $1,000 up to 100% of the cost of education and attendance. The firm actively encourages students to focus on their education and to borrow what they need in order to secure taking the most advantage of their time in college. The main idea behind this is to avoid any additional stress of the students having to worry about their expenses and how to afford them while studying. Length: In order to calculate the length of the loan it is important to take into consideration how long is it going to take for the student to actually graduate, after that a mutually arranged payment schedule will be created. The reason for this is to give students the opportunity to make repayments as flexible as possible. If you are lucky enough to find a six figures job after graduation and you want to pay your loans early you can do it. On the other hand, maybe paying only the interests is your goal right now as you haven’t found the right job, in any case, the point is that flexibility is offered to you.
College AVE is a fairly new company with less than five years of active operations. The firm was established by a group of executives from Sallie Mae, the organization might not be old but their Sr Management is composed of some of the most experienced professionals of the Studen Loan Market. It is important to mention that the company did not become famous for its loans per se, but for the refinancing options. Depending on your financial situation it can be smart to aim for a refinancing method when you consider that you could be paying less every month or simply save money by repaying it early. There are many different reasons that can take an individual to become interested in refinancing their debt, whatever your reasons are you should consider taking a look at the flexibility offered by College AVE. Keep in mind that not many companies will allow you to refinance at a loan with a shorter tenure, if this is what you are looking for then College AVE might be your best option. Additional Information APR: Loan Type: Repayment Options: Loan Amount: $1,000 to $80,000 Length: 5-15 years. Please keep in mind that depending on the case a loan can take considerably longer to be repaid. It is very possible that if you are in the US, you might have used Discover for their credit cards, ATMs or simply because of their broad payment network. But, the company is more than a plastic cards provider, over the past decade, the company has ventured into other areas and services like online banking and lending. One of the best reasons to deal with Discover for your student loans is that you will be borrowing from a well known and stable company, the overall service you will receive will be more transparent than with most dedicated Student Loan Lenders. Keep in mind that Discover is not in the business to destroy their reputation for ripping off students with unpayable programs and churning practices, instead, it is a company interested in offering a full suite of services while taking care of their clients. The only drawback I find with Discover is that in order to apply for a Students Loan you will need to have a great credit score and a cosigner. If you don’t have the right record and score, it is likely that your request will be rejected. Additional Information APR: Loan Type: Repayment Options: Loan Amount: With Discover, you will be able to borrow the 100% of the school-certified expenses (tuition, living, miscellaneous expenses) Length: 15 years LendKey is probably the most different option from this list. The company was initially created with the intention of acting as a P2P lending platform for student loans but later changed their business model into a platform that would allow individuals to receive quotes and information of multiple types of loans and providers. The company became publicly known in the US for their efforts to offer attractive lending packages with the liquidity and execution of more than 13,000 community banks and financial institutions all over the country. The firm might be offering a completely different product with its own approach, but it is important to keep in mind that it works incredibly well. Take your time to review their app and their platform, it is very easy to use and besides, receiving quotes from thousands of financial institutions has never this easy. At the end of the day, the companies interest is to deliver the best possible option for your loan, it is great to see that there are still companies interested in the well being of their clients. Additional Information APR: Loan Type: Repayment Options: Loan Amount: $7,500 to $125,000 Length: Up to 10 years for repayment
Lendedu is another fintech company offering its own marketplace where individuals can search for their best options in terms of student loans, refinancing and even credit cards consolidation. With a similar approach to what LendKey is currently offering, Lendedu is an overall more complete option as it also allows to quote refinancing of other types of loans as a whole. It is worth mentioning that the firm currently operates with the leader student loan providers in the US, this usually allows for requests to be smooth and agile. Disregarding where you are living, I actively advise to take your time and to review all available options. Reviewing pricing in terms of rates and benefits with these two market places is pretty straightforward. You would be surprised by how much rates can defer between community banks and bigger financial institutions. Additional Information APR: Loan Type: Repayment Options: Deferred Fixed Immediate Interest-Only Loan Amount: Min $5,oo0 to No Max. Please keep in mind that the firm allows you to borrow as much as you can but as mentioned before this is something you should be worried about. Without sacrificing your education it is advised to try to borrow the least possible and only when truly necessary. Length: Up to 20 years for repayment Ascent offers a traditional lending service, but at the same time, the company makes a great effort in order to emphasize that all their services are design with the intention of expanding possibilities and not to restrain them, clients, as many other providers do. There are many reasons why an individual would be interested in borrowing from Ascent, but the principal would be if they have a solid cosigner. This is partly because they will offer a very competitive rate and they will weight the credit risk on your cosigner and not on you. Besides offering an incredibly competitive rate, the firm also offers access to a high level of flexibility when it comes to repayment. One aspect I believe that more individuals should take into consideration is that life is not linear, and we can’t forecast everything that might happen. Chances are you have been planning on getting a job straight out of college, but in reality, it could take you more than the buffer of six months to do so. Maybe you got fired and you can’t afford the payments, being able to take advantage of a nimble plan can save you a lot of money, emotional pain and also keep your credit score untouched. Additional Information APR: Loan Type: Repayment Options: Loan Amount: $2,oo0 to $200,000 Length: Up to 15 years for repayment The steady rise of student debt in the US and also the increase in their rates have made the sector part of a very active political discussion in congress and the Senate. What was intended to be used in order to open doors for individuals that otherwise would not be able to receive a higher education, has turned into a money-making machine for some corporates who profit from churning their clients? With almost 69% of new graduates using student loans in order to pay for their education, it is easy to see how big the market and its demand really is. Luckily for applicants, the market is offering an equally large offering of loans and providers. If you do your proper research, it is probable you will be able to find the right plan that will help you to achieve your education dreams without sacrificing your personal life and also your professional career. Even though Studen Loans are seen by many as a necessary evil, I personally believe that if you pontificate properly your loan and you use a well-known provider, you won’t have to deal with any type of drama or sketchy situations down the road. One of the things that make student loans so great and so dangerous at the same time is the fact that in most cases repayment will only begin after graduation. While this provides a false sense of tranquility, it is key to understand that life goes by fast. Before you notice, you can find yourself as a senior starting to feel the pressure of knowing that you need a job as soon as possible to cover for your loan and also your responsibilities. Starting college can be a very stressful time, not only you will have to make all the decisions related to your University and your major, but also you will have to plan on how to pay for your education. One of the capital sins that many individuals commit when it comes to student loans is that they were not prepared enough. You need to be aware that the decision that you are making right now on how to cover the cost of your education will have strong repercussions on your adulthood and the rest of your life Maybe you chose the wrong type of loan, or your credit score was not the desired one, whatever the reasons where you should focus on your current situation and on what you can do to make it better. In this article, we will cover the best refinancing options available in 2020. Take your time to review them and to proceed with your investigation if needed. It is important to keep in mind that there are hundreds of other options available in the market, these are just a few of the most important names and also the best according to our investigation and also our perspective. Before actively considering to refinance any debt, it is crucial to understand the benefits but also the consequences of doing so. Even though you might be stressed out by this debt, it is recommended to take your time to review the case and to also research for the best possible providers and plans. Rushing into decisions might help you improve your conditions today, but the risk of impacting your future is extremely high. Pros Cons The first thing you need to understand about LendKey is that they are not a bank; instead, the firm acts as a network that connects financial institutions all over the US. The idea of this connectivity is for you to get the best possible pricing based on your credit score. One of the perks of this firm besides better pricing is how fast things can be. Imagine being able to apply to more than 400 providers in the US and getting a quote on all of them in a matter of minutes. Note that even though a third party institution would lift the heavyweight, your refinancing and your interaction would be direct with LendKey. Another point worth mentioning is that the company offers access to smaller banks. You might be surprised by how much cheaper certain institutions in the midwest can be compared to the rest of international banks. Additional Information APR: Loan Type Refinancing: Loan Amount: Minimum refinancing loan of $7,500 Length: 5 to 20 years Earnest is another disruptive name of silicon valley joining the Fintec world. Instead of simply offering a traditional refinancing service where an individual is analyzed and then determined how creditworthy they are, the firm took a different approach by automatizing everything under a proprietary algorithm. The idea of utilizing an algorithm and also artificial intelligence is to be able to look beyond what traditional parameters and ratios tell about an individual. The whole approach of the firm is to prove that individuals could be evaluated as a whole and not solely on what their Fico score says about them. Things happen, life happens…. life is not linear, and it should not be evaluated that way. If you believe that your credit score does not reflect the type of person you are, you should consider review what earnest has to offer and also where you would be ranked in their system. It is not uncommon to read reviews online about individuals expressing all the gratitude in the world for earnest as the firm believed in them when no one else did. Additional Information APR: Loan Type Refinancing: Length: 5 to 20 years Sofi is a fully online platform that specializes in the refinancing of student loans, mortgages, and personal loans. The company was founded by a group of four students while they were still finishing their majors in Stanford. It is worth mentioning that even though the firm has its own capital that it is utilized for refinancing purposes, many other financial institutions like international banks have invested in their funds and are acting as liquidity providers for the firm. Due to their business model on which funding for the firm comes from multiple banks and also regions, Sofi can deliver exceptional services and very competitive pricing vs their key competitors. If you are planning on refinancing your loans, you should take your time to review what this company has to offer. Without a doubt, SoFi is a name that we will start listening more often as they continue to grow in market share. Additional Information APR: Loan Type Refinancing: Loan Amount: Minimum refinancing loan of $5,000 Length: 5 to 20 years The Citizens Financial Group is one of the oldest banks in the US, with almost 200 years of existence this RhodeIsland bank has become an example for the rest of the country. The institutions might only be number 23rd in largest banks list in the country, but they’ve been able to grow a real name around something as negative as student loans. One of the points where the firm excels the most is at allowing individuals who did not graduate or that are simply taking time off college to refinance their existing debt. While this might sound like something normal, it is indeed rare to see institutions lending money to those who did not complete their cursing major. Transparency should be a key for all financial institutions, in the case of Citizens One, it is their priority. How many of you have been rejected of a student loan without been given an explanation or reason for it? With Citizens One you will know since the beginning what is it that they are looking for and also the requirements for you to successfully refinance your debt with them. Additional Information APR: Loan Type Refinancing: Loan Amount: Minimum refinancing loan of $5,000 Length: 5 to 20 years Common Bond is a fully dedicated online firm focused on refinancing student loans. This is a firm that has been developed with the solely intention of helping students become financially free. One of the key points that make Common Bond so great is that the company offers one if not the best forbearance program in the US, allowing their users to take up to 4 times the national average. Part of the model of this company is to enable faster repayment, in reality, they are not interested in keeping hostage by refinancing your loans. Once you’ve paid they will say thank you and you can continue with your life as if you never had student loans in the first hand. With so many students getting loans to cover their education every year, it is great to know that there are still companies that are not looking at students as zeroes with feet. Additional Information APR: Loan Type Refinancing: Loan Amount: Minimum refinancing loan of $5,000 Length: 5 to 15 years LaurelRoad is a an institution fully dedicated to student loans, both new ones and also refinancing of existing debt. Even though the firm has only been around for less than six years, they’ve been able to refinance more than $4 billion in federal and private debt since. One of the key differences about this firm is that they are heavily focused on individuals from the Health sector, making it the best option for dentists, doctors and nurses to refinance as soon as they start their residency. If you are planning on going back to school you might want to consider Laurel Road as their refinance products also allow individuals to deferment while in school. Additional Information APR: Loan Type Refinancing: ***Must have graduated*** Loan Amount: Minimum refinancing loan of $5,000 Length: 5 to 20 years The name penFed derives from Pentagon Federal Credit Union, making this firm a members-only credit union. Following the credit union model, the firm offers its members access to numerous services and products like loans, mortgages and even several credit cards. From a Student Loan perspective the firm is focused on helping their members become debt free, even if it’s a credit union, the company acts under a fiduciary structure where all decisions should be taken based on the client benefit and not the bank. If there is a member of your family that has served in the military forces, then this might be your best option to refinance any type of loan. Additional Information APR: Loan Type Refinancing: Loan Amount: Minimum refinancing loan of $7,500 to $300,000 Length: 5 to 15 years Refinancing your student loans might help you boost your finances and even your morale if you’ve been feeling pressured with your current conditions. Many individuals in the US simply took whatever the bank offered them in order to afford to finish their education, and it was not until after four years and graduation that they realized what they got themselves into. If you are reading this article it means that you are already taking the first step forward gaining back control of your finances and your peace of mind. Even though it might sound tempting to simply refinance, lower the payments and aim for a longer term for the loan, I can’t stress enough on the fact that you should not let your present stole your future and vice verse. There are many different options to choose from in terms of refinancing and providers, as long as you take your time to review all your options, it is very likely that you will be able to fulfill your expectations. Don’t forget that even if you hate the idea, in certain scenarios your best option under the current conditions might be to remain within the same plan and not to refinance. This can be the most financially sound decision, but this does not mean it is the one that will truly help you emotionally, and this should be weighted equally at the moment of making any determination. The value of outstanding student loans in the United States has more than doubled in ten years by 119.51%. This new staggering record translates to a 1.64 trillion by the end of 2019 third quarter. Compared to the Q3 of 2009, the loan debt stood at $771.7 billion. Data compiled by Learnbonds.com indicates that between 2015 and 2019, the student loan debt grew by more than 30% to the current $1.6 trillion. To put this into perspective, if the current rate of growth is considered, the outstanding value of student loans in the US might hit $2 trillion by 2024. Notably, with increasing loans, enrollment into universities has not changed. Data indicates that enrollment fell by 7% between 2010 and 2017. However, fewer students are borrowing more to pay for tuition, transportation, electronic devices among other items. Generally, the cost of college in the US has been rising over the years. At in-state public colleges during the 2019-2020 period, the average tuition and fees are about 73% less than the average at a private college. For public colleges, it stands at $10,116 compared with $36,801 for private colleges. Sallie Mae – Best For Flexibility
Student loans can be requested at any time during the year, having said so keep in mind that you will be eligible to request a loan during the year as long as you submitted your FAFSA form on time. Please be aware that any submission of a FAFSA form should have been sent before Jun 30 (there will be a 15 days window for any adjustment or updates if needed).
A student loan is one of the only situations where you can aim to borrow money without having a credit score or having a really bad one. While not all SL providers will allow this to happen, it is known that Federal Direct Student Loans will offer access to individuals in this type of situation.
Many students start feeling anxious just before graduation time because it is finally when the debt burden starts kicking in. Please be aware that there is a buffer of time between graduation time and the first payment date. On average, most student loans providers (federal and private) will allow for a grace time of 6 months before the first payment runs out. Note that depending on your situation this can be extended for even longer.
There are two principal mechanisms that an individual can use in moments of crisis in order to postpone their payments on a student loan, one of them is Forbearance. Forbearance is not automatically granted and it usually has to go through approval from the lender side. In synthesis, you would be allowed to stop the payments without it affecting your credit score. Keep in mind that even though payments might be stopped, interests are still accruing and will continue running like it's business as usual. The other method is Deferment, keep in mind that you can apply for if you fall into one or more of the following scenarios: • You are unemployed or working less than 30 hours a week and you are looking for a fulltime work • Proven financial crisis • Actively service in the US Military during a war or during a National Emergency • Actively service PeaceCorps • You went back to school and you are currently enrolled at least half time While you can still be rejected for a forbearance request if you meet the requirements for a deferment you cannot be rejected.
The PSLF program allows individuals to apply for forgiveness of their debt after paying back 120 monthly payments while working for a qualifying employer. The list of jobs that are eligible is pretty broad, but in the end, it will depend on who your employer is. It is super important to understand that only direct federal loans are applicable to this program.
After the payments start accumulating the loan will be considered under the category of delinquency. It won't be until after nine months that the entire account will be considered in default. Keep in mind that not only you will be killing your credit score with the default, but you will also be exposing yourself to further punishment as the government will be allowed to seize tax refunds and also garnish from your wages directly, without a judges order. The worst part of falling into a default category will be dealing with collecting agencies and their incredibly large and expensive fees. I can easily understand and imagine scenarios where not being able to pay a Student Loan might be the only way for an individual to cover their main needs, but it is also keen to keep in mind there are other options to avoid getting to this point. Keep in mind that under most scenarios, both federal and private providers should allow you to take forbearance or deferment for a determined period of time. Remember that once you fall into default you will automatically lose any rights to get a more fair agreement. If possible try to manage it in a way you will stay out of default, even if it means taking an extra method like the ones mentioned above.
It is important to understand that refinancing is usually divided between Federal Loan Consolidation and Private Refinancing: Refinancing with Private Lenders: A full refinance consist of getting a new loan that would pay your previous debt at a new rate. With this you would be effectively canceling all your initial loans for a new one, that should have a better rate and a better repayment structure. This type of model can be utilized for both federal and private loans. If you have multiple loans and different loan types, this might be your best option to get everything settled under one single formation. Federal Loan Consolidation: If you have multiple federal loans you have the option of combining them into a new loan. With this consolidation, you will be able to get a fixed rate based on the average of all the consolidated loans. And the best part is that this is cost-free! Instead of having to deal with multiple loans and multiple payments every month you can focus on one single payment. This is a great option to simplify your life!
To refinance or not to refinance, that is the question! Jokes aside it is key to understand where you are standing with your current plan before making any decision. Many individuals commit the cardinal mistake of refinancing without looking at how the big picture would be affected. For example, if you do not have any federal loans you won't be missing any type of benefits with the refinancing. If on the other hand, your loans are fully federal, you might want to reconsider your options.
The required time to refinance is not a standard, this means that it will differ between financial institutions and loan types. Having said so, it is important for you to remember that you would not be able to solicit a refinance until you've graduated and all the money lent has been paid to the university. Is it at this point where most types of loans would allow for a refinancing structure! This is another reason why a good credit score during college will help you get a better deal once you are able to apply for a loan restructuring or refinance.
You need to understand that market conditions influence loans and rates. If you have a loan that was initiated with an interest rate lower than what the market is currently offering, you might want to pass on the option and sustain what you have right now. The same principle goes for your credit score. If things have been rough and your score has taken some hits you might want to avoid a refinance as it will only get things worse. I can not tell when not to do it, but it is important for you to review all your options. You know your finances and also your possibilities of repayment. This is a call that will be on you to decide.
This is a question with an answer that will be different for each borrower. Keep in mind that the whole idea of refinancing is to save money. In most cases, borrowers can save up to 3% in interests rates if their credit score has improved since they took the loans the first time. Getting an estimate will not take much time, with most online alternatives you would be able to calculate your savings online and in a matter of minutes. I actively recommend individuals to know at all times where they are standing and also if the circumstances are changing on their benefit or against them. Don't forget that under certain conditions it might be better to sustain the current plans as you would get affected in the long term of the loan. As mentioned before, avoid at all cost sacrificing your future for your gain today.
Best Student Loan Options: Summary
Reviewers Choice
Best Student Loan Options of [current_date format=Y]
1. Sallie Mae – Best For Flexibility
2. College Ave - Best For Debt Refinancing
3. Discover – Individuals with High Credit Score
4. LendKey – Best For Quoting with Smaller Banks
5. Lendedu – Best Marketplace
6. Ascent – Best For Individuals with no Credit Score
Summary of Private Student Loan Options
Why Should I Refinance Student Loan?
Best Student Loans Refinancing Options in 2020
1. LendKey –Best For Quoting with Smaller Banks
2. Earnest – Best For Merit-Based Lending
3. Sofi – Best For Competitive Rates
4. Citizens One – Best For Individuals who did not graduate
5. Common Bond – Best For Flexibility
6. Laurel Road – Best For Health Sector / Dr, Nurses, Dentists
7. PenFed – Best For Military Families
Summary of Refinancing Options
US Student Loan Debt Over the Last 10 Years
The Rising Cost of College education
Glossary of Loan Terms
FAQs
How early should I Apply for a Student Loan?
Can I apply for a Students Loan without a credit score?
How long after graduation do I have to start paying for my loans?
What are Forbearance and Deferment?
What is the PSLF Program, am I eligible?
What are the consequences of defaulting on a Federal Loan?
What is the difference between Private Refinancing and Federal Consolidation ?
When should I Refinance my Student Loan ?
How soon can you Refinance ?
When is it better not to Refinance?
How much can I save by Refinancing my Loan(s)?
Types of Loan – A-Z Directory
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