Saturday, December 21, 2019

Repayment Plans

Repayment Plans

Choosing a repayment plan is a very important part of paying off your student loans. Choosing a plan that is too ambitious could lead to defaulting on your loans, while choosing a plan that stretches out your payments over too long a period of time can result in paying more interest than necessary. A good plan will strike a balance between those two extremes. Utilize the knowledge you gain in this section to choose the plan that’s right for yo

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This plan requires you to pay a

This plan requires you to pay a lower monthly payment, but extends the term of your loan to a maximum of 25 years. You can select a fixed o...