'Can You Pay Your Student Loans With a Credit Card?' bookmarked by ~lifehacker

Can You Pay Your Student Loans With a Credit Card?

lifehacker.com

The pandemic has people exploring debt payment options they haven’t considered before—like paying off their student loans with a credit card. Is it possible? Yes, but it’s generally not a good idea.Read more...

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How One Late Student Loan Payment Affects You

lifehacker.com

Have you ever wondered what would happen if you made one late student loan payment? Not...
Have you ever wondered what would happen if you made one late student loan payment? Not being late every month, or every few months, but just once? Perhaps you envision being scolded by some Sallie Mae rep, incurring devastating fees, or taking an immediate hit on your already fragile credit score. And while these…Read more...
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When the pandemic hit, the US government put federal loans into automatic forbearance — but it won't last forever

businessinsider.com

Student loan forbearance ends on September 30, 2020. Federal student loans in the US were...
Student loan forbearance ends on September 30, 2020. Federal student loans in the US were automatically placed into a period of forbearance created by the CARES Act, which suspended payments and interest rates. When the forbearance period ends, automatic payments will restart and interest rates will return. Your loan repayment will pick up where you left off. If you're not ready to start...
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Why You Might Want to Stop Paying Your Student Loans Right Now

lifehacker.com

The CARES Act allows federal student loan borrowers to put off loan payments until October 2020—and...
The CARES Act allows federal student loan borrowers to put off loan payments until October 2020—and many of those loans will be set at 0% interest during the forbearance period. This is different from other types of forbearance programs (think credit cards, mortgages), in which payments are waived but interest…Read more...
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