Student loan borrowers have an opportunity to lower the interest rates on their federal student loans by 1%. But to get that benefit, they must enroll their loans in autopay. And the window of time to do that is closing. Enrolling in autopay allows the Education Department’s contracted loan servicers to deduct your monthly student…
What Student Loan Borrowers Should Know About the 1% Interest Rate Reduction Incentive
Student loan borrowers have an opportunity to lower the interest rates on their federal student loans by 1%. But to get that benefit, they must enroll their loans in autopay. And the window of time to do that is closing. Enrolling in autopay allows the Education Department’s contracted loan servicers to deduct your monthly student…
The post What Student Loan Borrowers Should Know About the 1% Interest Rate Reduction Incentive appeared first on Student Loan Planner.
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