Denied a cosigner release? Here are your options…
Having your cosigner release application rejected is frustrating but predicable. Other options to remove a cosigner are usually more effective.
There is a long list of resources to knock out federal and private student loans. For many borrowers, the ideal approach will be a combination of some of the programs below.
If you are brand new to student loan repayment, this guide is a helpful starting point.
Having your cosigner release application rejected is frustrating but predicable. Other options to remove a cosigner are usually more effective.
Deferments and forbearances are risky and most borrowers can find better options available.
Selling a condo to pay off student loans is a desperate move and better options are normally available.
Unless you get creative, the value of making a partial payment on a student loan is minimal.
Some minimum payments are better than others. Careful borrowers can maximize the value of each minimum payment.
A student loan interest deduction is a nice perk at tax time, but it isn’t valuable enough to change student loan repayment strategy.
Private consolidation of federal loans has major risks and major rewards. With no way to undo the decision, borrowers need to be certain they’re not making a mistake.
If student loan forgiveness is your plan to pay off your student loans, borrowing extra might seem harmless. However, there are a few major risks.
Student loan forgiveness for all and debt cancelation are controversial solutions to a major problem. Other options might not be as helpful, but could be easier to make a reality.