How can i pay off my student loan?

student loan deal

i just looked at my payment history of the loan yet it seems to never go down. more than half of the money is going towards interest. it seems like this will take forever to pay off. could i just get a better deal at a bank and pay them back at a lesser rate? any ideas/advice will be appricated

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Categories : student loan



Student loans generally have a much lower rate than a conventional loan, it is your term (how long it takes to pay off) that is shorter. Do all your math, refinancing may cost you a lot in the long run.


See if you can pay the maximum monthly payment, like pay your normal bill, and then pay more directly toward the principle
If you got the cash, put it to work


may be a small student loan conslidation.
I found interesting information about your answer, college loans, scholarships, college grants & PARTIME WORKS here.http://all-student-loan-consolidation.blogspot.com/2007/08/part-time-jobs.htmlGood luck!

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