Pay Off Student Loans Archives - Page 10 of 10

Smarterbanks Review

Last week we looked into new ways to pay down student loans and we discovered this service, that radical yet fairly simple program which uses play to engage and inspire borrowers to save money and pay down debt. This week we're going a little bit farther out onto the new wave by looking at a partnership between an FDIC-member bank and a student loan information website. The two have pooled their resources and have created a debit card rewards program which enables borrowers to pay down their student loan debt each time they use their debit card. This article is a SmarterBank review. […]

By Tracy|December 4th, 2012|Pay Off Student Loans|0 Comments

Can SaveUp Help Students Pay Down Their Loans

Student loan debt affects a record high of 37 million Americans, so it is perhaps no surprise that a new program has become available which aims to aid those struggling to make their payments. The new program, which has been steadily gaining momentum amongst those seeking to pay down their student loan debt and save money, is a private program and operates without government subsidies. The program is SaveUp.com where you get rewarded for savings money not spending it! […]

By Tracy|November 26th, 2012|Pay Off Student Loans|2 Comments

Late Loan Payments

You found the perfect loan combination for your higher education costs. The federal government and private entities have been loaning people tuition money for so many decades now that the process can be smooth sailing. But you might be asking yourself, what happens if I’m late on a payment? Will there be financial penalties or even worse, criminal penalties? Will all my hard work be for naught? Will banks and the government forever dog me? […]

By admin|November 20th, 2012|Pay Off Student Loans|0 Comments

The Benefit Of Moving Home After College To Save Money and Pay Off Debt

Since the housing-bubble burst in 2007, many graduates have discovered the benefit of moving home after college to save money and pay off debt. The amount of money saved can vary greatly from case to case depending on the borrower's family situation but generally, moving back home offers a sure-fire way to keep recent graduates' living costs at a minimum while paying down student loans. […]

By Tracy|November 14th, 2012|Pay Off Student Loans|2 Comments

Myths about paying down your student loan fast

Right now there are several myths about paying down your student loan fast. Recently an article was published about a young graduate from Harvard Business School, Joe Mihalic, who payed off his $90,000 in student loan debt in the relatively short time of 7 months. Of course, many people were immediately interested to hear how he did it: After all, we've got more than 37 million people in the United States who are currently buried under an average undergraduate student loan debt of $25,000, and for those who are struggling with graduate school debt that number jumps up to more than $40,000. Not exactly the ideal situation when one is just beginning a new life, when one is just starting to earn money. […]

By admin|November 1st, 2012|Pay Off Student Loans|0 Comments

Repayment Plans for Student Loans

You can change your repayment plans any time. If you want to discuss the repayment plans you can contact your loan servicer for available options or even to change your repayment plans. Listed here are a few of your options on how to choose the best student loan repayment plan for you. […]

By admin|September 22nd, 2012|Pay Off Student Loans|0 Comments

How To Pay Back Student Loans Quickly

According to the Huffington Post, the average college graduate is burdened with $25,000 in debt. If that student opts to attend graduate school, that debt will, on average, reach over $40,000. Compounded with interest, these loans can take upwards of a decade to repay; it was reported that President Barack Obama only recently finished repaying his student loans. Imagine that – the President of the United States himself taking over a 10 years to get his debts settled! With all that being said, there are definitely ways to pay back student loans very quickly, which is all the more important given that a reported $1 trillion in loans . Let’s get started, learn here how to pay back student loans quickly. […]

By admin|September 14th, 2012|Pay Off Student Loans|0 Comments

Student Loan Grace Period

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. […]

By admin|September 12th, 2012|Pay Off Student Loans|0 Comments

How To Pay Off Student Loans Fast!

Basically any college student or recent college graduate in the United States will be able to tell you one thing: Post-secondary education is expensive. The average graduate in the United States has about $19,000 in debt. Paying student loans off quickly will help you to pay less in interest and get rid of the debt burden. Paying off student loans will also help raise your credit score, which will help if you need financing for another big purchase, such as a car or a house, or getting additional loans to continue on with your education. Some cell phone companies even run a credit check before offering you a cell phone contract, so having a good credit score comes in handy for many things. […]

By admin|September 8th, 2012|Pay Off Student Loans|1 Comment

Best Consolidation Companies