Under certain circumstances, if a borrower is unable to make loan payments on time owing to temporary financial complexities, he/she may qualify for a period of forbearance or deferment. During this period, a debtor is temporarily allowed to reduce or postpone payments for the federal student loan availed. This helps in avoiding credit defaults to […]

Whoever said that education is the key to unlock the golden door to freedom had never heard of Student Loans! Most students, by the time they graduate, will have multiple loans to repay and each of these loans come with a different interest rate. Whether they are federal student loans, private student loans or a […]

Is refinancing right for you? For some borrowers, it’s a no-brainer. For others, it might be an option later on. The bottom line is that you can benefit from giving your loans a second glance every so often, because the rate you were given when you took out the loan isn’t necessarily the rate you’re […]