What is the student loan grace period? A grace period is the period of time someone is late with the payment and dues not attract any penalties. There are many different scenarios of grace periods. The most important thing about it is that the students are aware of the fact that as long as they make the payment within or during the grace period, then they will not be treated in a different way from those who make the repayments in due time. […]
Depending on the kind of student loan that you have, there are student loan debt relief being offered you can take advantage of to ease your burden in repayment plans. To benefit from this kind of measure you need to know which reliefs you qualify for and will be of great assistance to you. This calls for you to know the various kinds of available loan relief options you can choose from. […]
When refinancing or consolidating a student loan, it is important to know what your new rate will be, so you can continue to make on time monthly payments and pay off your loan quickly. Before you refinance a loan, it is important to decide if it is the best option. Refinancing or consolidation are good options when a borrower needs to lower their monthly interest rate or extend the term of the loan. […]
In the United States, the average student loan debt of a recent graduate is $21,000. If you are among the millions of young Americans with student loan debt, it is important to know your options for refinancing your student loan. […]
Student loans are not typically included in bankruptcy but there are ways to get them included. In this article I will share with you how to get your student loans included in bankruptcy and what the consequence and benefits of going bankrupt are. […]
What happens if you default on the student loan? The government actually has a very powerful tool that it uses on those borrowers who do not make student loan payments. The tools that are used by the government include… […]