Learn About Student Loan Forgiveness: Programs and Options for Borrowers

Learn About Student Loan Forgiveness: Programs and Options for Borrowers

One of the most well-known student loan forgiveness programs is the Public Service Loan Forgiveness (PSLF) program. This program was established to encourage individuals to pursue careers in public service by forgiving their student loans after they have made 120 qualifying payments while working full-time for a qualifying employer. Qualifying employers include government organizations, non-profit…

A Guide to Parent PLUS Loans: Applying, and Coordinating with Other Financial Aid Options

A Guide to Parent PLUS Loans: Applying, and Coordinating with Other Financial Aid Options

Parent PLUS Loans are a type of federal student loan that parents can use to help pay for their child’s education. These loans are available to parents of dependent undergraduate students who are enrolled at least half-time in an eligible program at a participating school. Unlike other federal student loans, Parent PLUS Loans are taken…

When to Refinance a Car Loan: Understanding the Benefits and Considerations

When to Refinance a Car Loan: Understanding the Benefits and Considerations

One situation in which refinancing a car loan can be beneficial is when interest rates have decreased since you initially took out the loan. Interest rates can fluctuate over time, and if you can secure a lower interest rate through refinancing, it can result in significant savings over the life of the loan. For example,…