Making principal-only payments isn't the only way to lower your interest costs and/or pay off your loan early. You might also ...
Making principal-only payments on student loans (either monthly or just occasionally) can help speed up the payback time and lower your overall borrowing costs. But just making extra payments on ...
Fortunately, student loans have no prepayment penalties. This means that If you make an extra, principal-only payment, it will lower the principal balance of your loan, and the lender will not be ...
If you have more than one student loan, you can typically request ... the faster you'll pay off your student loans. If you choose to make principal-only payments, you'll want to communicate ...
Federal student loan borrowers may wonder whether they must still pay student loans if the Department of Education is ...
If you've already received forgiveness, you're likely in the clear. But current borrowers may be running out of time.