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How to Pay Off Student Loans Fast

Get your student loan paid off faster by knowing how loans work and by using these simple tricks: In order to make money (which is, after the purpose for being in business), lenders charge interest on the amount you borrow, called the principal. The principal plus the interest is the total amount of the loan. The longer you have the principal on the books, the more interest you pay, so you are on a merry-go-round for quite some time. […]

By |December 12th, 2013|Pay Off Student Loans|0 Comments

4 Little Known Secrets To Getting The Best Student Loan Interest Rate

It is easy to fall into the trap of going for the low rates on student loans without reading all of the fine print. This can lead graduates and undergraduates to taking out loans that are not fit for their circumstances and leave them struggling to pay them off for many years. Interest rates and add-ons are what students should pay attention to in order to avoid going into default and ruining their credit score. However, there are a few important ways that graduates and undergraduates can find the best interest rates that won't break their bank accounts. […]

By |May 16th, 2013|Types of Loans|0 Comments