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Since March 2020, student loan borrowers have been given a break from paying their federal student loan payments, but that forbearance is now scheduled to end on May 1, 2022. That gives borrowers time to prepare before they need to resume making payments. Here’s what to know — along with some tips if you’re still struggling financially.
Overwhelmed with the monthly payments on your student loans? Student loan refinance is a relatively new option that may work for you. Here's what you need to know.
Will the student loan forgiveness plan go through? And when can you expect to start paying back your student loans? Here's what you need to know.
In this article, we'll explore the different types of student loan repayment plans and help you determine which one might be the best fit for your financial situation.
Paying off debt can be a tedious and painful process. But it is possible, and there are ways to speed things up and sometimes make it a little fun (really).
Which is better, paying off debt or investing your money? Theres no quick and easy answer to this question. The decision involves some comparison between what your debt is costing you and what you expect to make in return for your investments.
Ideally, we'd all love to be completely debt-free, but in reality it's pretty hard to live without some kind of debt. The trick is to have the least amount of bad debt possible. Didn't know there was a difference between "good debt" and "bad debt"? Well, there is, and knowing that difference is one of the most important keys to healthy finances.
If you have children, there's a good chance they may end up in college someday. And you might like to help pay for that college education. But are you financially prepared to help? Can you afford to make saving for college a priority right now?
Scams are like fads, in a way - they gain in popularity, overexpose themselves, lose steam, and eventually return in a new form. These are some of the most prevalent scams making the rounds today. Be on alert.
Having a debt forgiven can be a life-saver, but when does that happen? And what are the costs associated with having a creditor forgive your debts?
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