Verify the length of your grace period before repayment of your loan is due. Typically this is the case between when you graduate and a loan payment start date. Knowing this will give you a head start on getting your payments in on time and avoiding hefty penalties.

Be careful when consolidating loans together. The total interest rate might…[Read more]

Make sure you keep track of your loans. You should know who the lender is, what the balance is, and what its repayment options are. If you are missing this information, you can contact your lender or check the NSLDL website. If you have private loans that lack records, contact your school.

Pay extra on your student loan payments to lower…[Read more]

Don’t worry about not being able to make a payment on your student loans if something unexpected like job loss has happened. Most lenders will let you postpone payments when experiencing hardship. Make sure you realize that going this route may result in increased interest.

Do not hesitate to “shop” before taking out a student loan. Just as…[Read more]

Getting through college is hard enough. Thinking about how you are going to pay for it is even more difficult. Student loans are one opportunity many students are using. Keep reading for some great tips on how to get the most from your experience with obtaining and paying off student loans.

Do not hesitate to “shop” before taking out a…[Read more]