Refinance Student Loans Help BYE Student Loan Debt: Learn How to Empower Yourself by Eliminating Your Student Loans Question: Is it smart to refinance your student loans? Answer: You should consider refinancing student loans if you find a lower interest rate and you want to merge some or all of your student loan payments into … Continue reading “Refinance Student Loans Help”
Student Loan Consolidation Dealing with Student Loans: A Comprehensive Guide Has to be one of the best books on student loans out there. Thoroughly researched and detailed w lots of real world examples. Right now, no matter what you’ve read online, there are no secrets or tricks to handling your student loans, and there are … Continue reading “Student Loan Consolidation”
Direct loan consolidation allows you to combine multiple federal student loans into one loan; but it also can result in loss of some benefits. Once your loans are combined into a direct consolidation loan, they cannot be removed. The loans that were consolidated are paid off and no longer exist. Carefully consider whether direct loan … Continue reading “Consolidation can greatly simplify loan repayment”
Federal student loan consolidation allows you to combine one or more existing student loans into one single consolidation loan with a new repayment schedule. You will have lower monthly payments, but you will pay much higher interest over the life of the loan because you will be making smaller payments over a longer time. When … Continue reading “Making smaller payments over a longer time”
Cash-out refinancing can help homeowners who want to consolidate high-interest, nondeductible debt. Because your mortgage interest rate is likely to be lower than rates on credit cards or other types of bank loans, consolidating debt may reduce your overall monthly debt payments. In addition, your mortgage interest may be tax-deductible, while your credit card interest … Continue reading “Consolidating debt may reduce your overall monthly payments”