Student Loan Hack: Refinancing
Refinancing? Sounds boring, honestly. True. It does. But here’s the reason why it might be super helpful for you and your student loans: Refinancing means swapping out your current student loan for a new one. Maybe one… With a lower interest rate With lower monthly payments That relieves your cosigner of their obligations on your […]
Why Interest Stinks (When Working Against You)
When I first began making payments on my student loans in 2015, I owed about $55,000 at a 7.5% interest rate, and was paying $11 per day in interest alone. If your student loan accrues interest daily, and you don’t know the amount of interest you’re paying on your loan each day, you can calculate […]