Tips for paying your student loans down

Whether you just graduated or have already started repaying your student loans. These tips will help you keep your student debt in order. That means avoiding fees and extra interest costs, keeping your payments affordable, and protecting your credit rating.

December 9th, 2014

1.Consolidate your loans if it’s easier for you to manage one account and one interest rate.
2.Look into the Public Service Loan for Forgiveness, it helps students pay down a loan after 10 years of obtaining the loan.
3.Pay down the highest loan first.
4. Lower your principal rate if and when you can.
5. Know your grace period for all loans.
6. Change your repayment option plan if you can pay more then ‘up’ your amount monthly.

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