student loan refinancing
Teddy Nykiel is a staff writer at NerdWallet, a personal finance website. Email: firstname.lastname@example.org. Twitter: @teddynykiel
If you have certain types of federal loans, you won't have to pay interest during deferment, but all loans accrue interest
There's no one-size-fits-all when it comes to managing your loans. You can even pick and choose multiple options to best
Your job affects more than just what you do all day and how big your paycheck is. It can also influence your ability to repay
If you've ever considered student loan consolidation or refinancing, it'll be worth your time. Those terms are often conflated and confused, so we want to set the record straight.
After you're accepted, the lender will pay off existing loans you choose to refinance and issue you a new one. Going forward
When you're living paycheck to paycheck or somewhere close to that, these federal repayment plans can be a godsend. They
No one wants to think about their credit score. It's boring at best, and for many people, the topic of credit scores can be confusing and even anxiety provoking. But being aware of your credit score -- and in particular, your FICO score -- is an important component to your long-term financial health.
I plan on paying my loans back myself, and simply want to minimize interest accrual. How does REPAYE affect me? If yes, then
One solution for grads buried in debt: student loan refinancing. The process of refinancing student loans can lower interest rates and monthly payments, allowing borrowers to potentially save thousands of dollars over the lifetime of their loans. While this seems like a good deal, is student loan refinancing a smart decision?
This is part one of a two-part series that explains everything a physician should know about the new federal student loan
Are you a newlywed or thinking about getting married? Combining families, homes, cars, and even bank accounts is expected and embraced by most couples entering marriage. But there's one thing that many newlyweds forget they'll be sharing when they say, "I do"--their spouse's student loan debt.
It's a lot more fun to celebrate college graduation than it is to develop a student loan repayment strategy. So if you're a new grad with federal loans, you'll likely end up on the default standard repayment plan, which requires you to pay a fixed amount every month for 10 years until your loans are paid off.
Graduates with master's degrees in fine arts, education, business administration or social work also stand to save thousands of dollars.
As exciting as it is to see student debt already at the forefront of the election, it's hard to get too optimistic for change when Congress has demonstrated an unwillingness to advance legislation that would provide relief to those buried in student debt.