Wage garnishment is a legal procedure to pay off debt by withholding a person’s salary. Both federal loans and private lending companies have the right to conduct wage garnishments. In fact, students aren’t the only ones that are affected, but … [Read more...] about What is Wage Garnishment for Student Loans and How Does It Affect Your Finances?
US Student Loan Center
Which Student Loan Repayment Plan Should I Choose: Finding The Best Repayment Option According to Your Budget
The right student loan repayment plan is essential for every borrower. Knowing the difference among these repayment plans is, therefore, the key to a debt-free life. Moreover, you need to be equipped with knowledge and tips. An … [Read more...] about Which Student Loan Repayment Plan Should I Choose: Finding The Best Repayment Option According to Your Budget
How to Get Student Loans Forgiven: How to Finally Get Rid of Your Federal Student Loans
Are you looking for options in student loans forgiveness? You can work as a public employee or join the military to have your student debts relieved. Private student loan forgiveness is also a possibility! Sift through your options and your … [Read more...] about How to Get Student Loans Forgiven: How to Finally Get Rid of Your Federal Student Loans
How Discretionary Income Affects Your Student Loan Payments
Discretionary income is a significant factor when managing student loan payments. However, not everyone knows the exact nature of the relationship between the two. Any borrower who aims to handle payments successfully has to understand what … [Read more...] about How Discretionary Income Affects Your Student Loan Payments
Student Loan Interest Deduction: How Much Can You Really Save?
A lot of people consider a student loan interest deduction as a heaven-sent student loan aid option. Who doesn't want to pay less taxes? However, upon closer examination, a student loan interest deduction might not be as rewarding as it … [Read more...] about Student Loan Interest Deduction: How Much Can You Really Save?
Unemployment Loans: How to Repay Student Loans Without a Job
Unemployment loans are one of the options available for repaying student loans in the event of losing a job. This student loan repayment option can provide a temporary solution and help you avoid default while looking for a new source of … [Read more...] about Unemployment Loans: How to Repay Student Loans Without a Job
