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Posts Tagged ‘loans’

how does consolidated student loans affect your credit score if there is no payment due?

01 Jun

What affect do student loans have on a credit score in any case? Whether they are new and not yet due or have been defferred for a while? Does having student loans go against your credit even if they are not due yet?

 
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What is the best way to pay off student loans more quickly?

24 Apr

I have about $60,000 in student loans. I am now only paying interest right now because I had to defer them in the past. I have heard that if you pay ahead it just counts towards future payments, but I would really like to pay them off early and try to pay less interest.

 
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Will there be a penalty for early repayment of my consolidated student loans?

28 Mar

I’m just finishing up grad school and my employer will give me a bonus every year that I would like to put towards my loan repayment. Is there typically a penalty for early repayment of a consolidated student loan?

Will a large lump sum payment postpone the due date on future payments, or will a payment be due every month despite the large single payment?

 
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