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Save Money Today on Your Student Loans
You ever get the sense that this "adulting" thing never really gets easier?
When we were kids, we thought (I mean, I thought) that being an adult meant eating Lucky Charms for dinner and staying up as late as I wanted and never having homework.
Sick of making payments on your student loan? Here's a very simple thing you can do to pay it off faster: make biweekly half-payments instead of making one full payment every month.
That's it. It might not sound like a big, impressive change, but using this method saves you money and shaves months off your loan repayment. So what's the magic behind this method?
A lot of parents take out loans to help pay for their child’s tuition. And once your child has their feet under them, it may make sense for you to transfer that loan to them.
That’s easier said than done because the federal government won’t let you transfer that loan to your child’s name. But, lucky for you, there’s a workaround. Here's the scoop.
Most of us can remember a time when looking at our credit card bill or student loan balance caused us some stress or disappointment—maybe even recently. But could those negative feelings amount to something more?
The short answer is yes. Financial strain is associated with numerous negative health impacts—both physical and mental. The long answer is a bit more complicated.
So you've heard about these payment plans that will reduce your monthly student loan bill and you're wondering if they're an urban legend. Let us assure you: these plans do, in fact, exist.
But there are a few things you should understand before you sign up.
