6 Ways to Jumpstart Your College Loan Pay-Off Plan

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Use bi-weekly payments instead of monthly payments.

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Ask your lender about biweekly payment options. If you have a monthly student loan payment of $250, switching to a bi-weekly payment $125 will save you more in interest over the life of your loan. Over the course of a year, switching to that cycle equates to making an extra payment.

Next: Apply extra money toward your loan.


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