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 Repayment Plans
How Budgeting Can Help You Pay Off Your Student Loans
Ugh…budget. Most folks hate the word. However, budgeting is a must if you want to be financially stable. Still, even the definition is one most would think is beneath them or a bit depressing; “A little pouch or knapsack, which may have come … [Read more...] about How Budgeting Can Help You Pay Off Your Student Loans
The Benefits of Creating a Payment Plan
Creating a payment plan for your student loans is basically creating a financial plan for your life. It’s been said that, “How someone does anything is how they do everything.” That means that the habits you establish in one area of money … [Read more...] about The Benefits of Creating a Payment Plan
13 Facts About Income-Based Repayment: A Complete Guide
One of the repayment options available to those with student loan debt is the income-based repayment (IBR) plan. This strategy helps borrowers make their payments affordable by adjusting the payment caps according to the family size and … [Read more...] about 13 Facts About Income-Based Repayment: A Complete Guide
5 Student Loans Payment Options That Won’t Leave You Broke
Managing student loans payment can be quite challenging. Despite several federal student aid options, some repayment plans still leave borrowers with financial difficulty. However, student loan payment options that take into account the … [Read more...] about 5 Student Loans Payment Options That Won’t Leave You Broke
Refinance Student Loans: Sure-Fire Ways to Get Approved
Most students and recent graduates are having difficulty in paying off educational debts and they have no better option than to refinance student loans. Both private and federal student loan refinance program are now widely available, but some … [Read more...] about Refinance Student Loans: Sure-Fire Ways to Get Approved