Understanding Default NEVER ignore delinquency or default notices from your loan servicer. If you don’t make your monthly loan payments, you will become delinquent on your student loan and risk going into default. Contact your servicer immediately if you are having trouble making payments or won't be able to pay on time. Learn about federal student loan default: Find out what … [Read more...] about Default
Three Rules for Managing Student Loans Smartly Whatever the expenditures are for, if you overspend, you'll over-borrow. Unless you're managing ALL your money wisely, you may indirectly be mismanaging your student loans, which will impact your lifestyle for years while you pay them off. Borrow Only What You Need, Only When You Need … [Read more...] about Manage Student Loans
http://www.forbes.com/sites/specialfeatures/2013/08/07/how-the-college-debt-is-crippling-students-parents-and-the-economy/ … [Read more...] about Loan Payments
Remember those loans you took out to help pay for school? The six months of your grace period gave you the time you need to make sure you know how many Federal Stafford Loans you have, what your monthly payment amount will be, where to mail your payment, and when to start paying the loans back. When it's time to make payments on your loans, you will work with one or more loan … [Read more...] about Loans
Repay your Direct Loan / Federal Stafford Loan Here are a few details about repaying Direct Loans and Federal Stafford Loans: After you stop attending school at least half time, withdraw, or graduate, a 6-month grace period begins. You receive only one grace period per loan. Repayment begins after the grace period ends, with your first payment usually due 45-60 days … [Read more...] about Loan Repayment