Consolidating loan private
Borrowers typically have the option to make interest-only payments during this period in order to prevent accruing interest from increasing their balance.Many parents take out "Parent PLUS" loans to pay for their children to attend college.We sometimes earn a sales commission or advertising fee when recommending various products and services to you.Similar to when you are being sold any product or service, be sure to read the fine print understand what you are buying, and consult a licensed professional if you have any concerns.
This is unlike a "hard" credit check, which may impact an applicant's credit.
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Variable-rate student loans have interest rates that can change during the repayment period.
Interest rates may increase or decrease at any time and typically do so based on changes to LIBOR.