How to prepare for student loan payments after pause

 

The government-mandated pause on federal student loan repayments, interest, and collections has been extended until Jan. 31, 2022.  For those who know they won't be able to repay, NCLC suggests enrolling in an income-driven repayment plan now, before payments resume. The U.S. Department of Educatio's Loan Simulator can help you choose the loan repayment option that’s best for you.

The financial relief offered by lenders during the pandemic resulted in a variety of reporting problems, so it’s a smart move to check visit StudentAid.gov and your loan servicer’s website to make sure everything is accurate.

Read Full Article: How to prepare for student loan payments after pause

Tags/Keywords

 

Quick Menu

Facebook FTwitter T