With the rising cost of higher education, students are turning to federal and private student loans for funding. Understanding the terms and repayment process of your loan is important because student loans can affect your credit score and financial health. You should choose a repayment plan that is best for you based on your financial situation. This guide will help you navigate through your student loan repayment options.
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About the Author
Mary Grace Leal works at LendKey, an online lending platform that provides students with low interest rate loans from community and not-for-profit lenders.
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