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Student Loan Forbearance: Advantages and Disadvantages – Personal Loans

Table of Contents Expand Overview General Federal Loan Forbearance Mandatory Federal Forbearance Private Student Loan Forbearance Pros and Cons Alternatives to Forbearance The Bottom Line Student loan forbearance is a way to suspend or lower your student loan payments temporarily, typically for 12 months or less, during times of financial [...]

Student Loan Repayment Options: What’s the Best Way to Pay? – Personal Loans

Table of Contents Expand Federal Repayment Options Which Federal Option Is Best? Private Student Loan Options The Bottom Line Student loan repayment options offer borrowers some flexibility in repaying education debt. With federal student loans, you have multiple repayment paths to choose from. If you borrowed private student loans, however, [...]