Welcome to the Student Loan Resources at Money Answers! Student loans play an important role in helping most Americans afford college yet paying those loans back isn't always easy or fast.
Jordan Goodman has identified several resources to help you make student loan payback work for you.
Could refinancing your student loans save you both time and money? Think of what a YES answer could do for your financial situation! Splash Financial can help you save money by refinancing your federal and private student loans into a single loan at a lower interest rate. Splash negotiates with banks and credit unions to provide borrowers the lowest possible rates. You can check your rates in minutes and it will not impact your credit score. Refinancing is free so there are no origination fees or early repayment fees. Parent Plus loans can be refinanced, and cosigners can help you qualify or get a better rate. Friends of Money Answers can qualify for a $300 refinancing bonus.
Resource: Splash Financial
You should be concerned about the accuracy of your bank’s calculations for your student loan payments. A student loan audit will determine if you are being overcharged and if you are, help you get a receive a refund. The audit will verify the accuracy of your lender’s calculation of interest charges, monthly payments and loan balances. Reports find that overcharges of interest and payment calculations occur in up to 40% of student loans. The Student Loan Exact™ audit verifies the accuracy of lender calculations and will uncover any overcharges or other miscalculations for all types of student loans. Student loans can be especially complicated due to numerous factors such as missed payments, late payments, deferment or forbearance or other criteria which can result in miscalculations. You will receive a personalized, comprehensive audit report which tell you if there are any mistakes or overcharges by the lender.
Jordan Goodman explains how you can settle your student loan debt for pennies on the dollar.
Resource: Student Loan Help Today
As a personal finance expert, Jordan recognizes quality solutions, forming affiliate relationships to help improve people's financial lives.