Category: student loans

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Here’s What You Need To Know About Student Loan Relief During Coronavirus + How To Get It

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Can Student Loans Actually Be Forgiven? [+ 10 More Student Loan Questions Answered]

Interest is the money you pay to the bank for letting them lend you money. Interest is how banks make money. The interest rate you have depends on the kind of loan you have, how trustworthy of a borrower you are and how well the economy is doing. Why should you pay off your student debt fast? Because of your interest rate. That's money you are just throwing away to the big banks. By putting extra money towards your payment, you will pay less money over time and think about what you could afford instead. - The confused millennial

Why You Should Pay Extra On Your Student Loans