Before you decide whether you'll need to take out a student loan, you need to understand how much your college expenses are going to be. Ask your school if they have any resources to help you budget or use an o
Taking an additional loan to pay off debt might sound counterintuitive. But it can be a solid strategy if you’re committed to paying the balance. The process is simple: Get approved for a loan and then use the funds to pay off your credit cards. A personal loan can make sense in ...
A personal loan is an installment loan: you borrow the money once, and pay it off through a series of fixed monthly payments. You’ll know upfront how much total interest you’ll pay and can circle the final payment date on your calendar. What’s more, you may be able to get a per...
How do you successfully manage a personal loan once the money lands in your account? Learn how to manage your personal loan payments, starting with your budget.
However, you may have to ask your student loan servicer or private lender for a copy of the 1098-E form. With that form, which you can use to confirm how much you paid in student loan interest for the tax year, you can then take the deduction on your taxes if you're eligible. ...
If you have multiple student loans, you can refinance your student loans into a single loan, with one interest rate and monthly payment. However, it’s important to take the necessary steps to find the best student loan refinance product for your goals. 5 steps to refinancing your student lo...
How long does it take to get a personal loan? Typically, funds for a personal loan arrive within a week, but your loan may be funded faster, depending on the type of lender and how quickly you move through the application steps. There are three...
Report the fraud to the federal government. Freeze Your Credit If you suspect that you have been a victim of student loan fraud – or any type of financial fraud – or that your personal information has been compromised in any way, the first thing you should do is contact the ma...
Private student loans are a type of personal loan specifically designed to pay for education-related expenses. These loans are offered by banks, credit unions, state agencies, universities and online lenders. Private student loans can serve as a lifeline when other forms of aid fall short, as ...
If you’re a graduate or professional student taking out a Direct PLUS Loan for the first time, you must complete entrance counseling before receiving your first loan disbursement. Counseling isn’t required if you’re a parent taking out a Direct PLUS Loan to help pay for your child’s edu...