In this clip from our Best Student Loan Repayment Strategies webinar with student loan expert Heather Jarvis, you will learn how to decide upon the best repayment strategy for your own situation as well as what essential information you need to know to make this decision for better student loan debt management.
Due to the nature of a live webinar, sometimes it’s helpful to clarify some parts of the live conversation to make sure there’s no confusion. Here’s a few points discussed in the webinar that we wanted to clarify:
- You’re entitled to one free credit report, every year, from any of the ‘big three’ reporting agencies.
- Both the Standard and Graduated Federal Loan repayment plans have a repayment term between 5 – 10 years.
Did you know?
You can now apply for income-driven repayment plans easily and online! If you’re considering the income-driven repayment plans of IBR, ICR or Pay As You Earn for your Direct Loans, you can now login to the Department of Education’s Direct Loan portal (https://studentloans.gov/ ) to apply. They’ve made it a lot easier to apply for these plans than it has been in the past, like allowing you to import the bulk of your information directly from the IRS. Check it out!