Student Loan Refinancing With Credible- Personal Experiences
Credible is trying to simplify the process of refinancing your student loans by offering you multiple options with a single application.
Credible is trying to simplify the process of refinancing your student loans by offering you multiple options with a single application.
I wrote Dave Ramsey a letter. He didn't write back. Not only is his investing advice bad, but sometimes his debt management advice is too.
The National Health Service Corps offers both a loan repayment program and a scholarship program, but the scholarship program is way better, especially for dentists.
Student loans stink. To make matters worse, figuring out what to do with them can seem complicated. Here I present a flowchart that should help clear up the confusion.
Parents often want to help their child financially in medical, dental, or law school. There are many ways to do so, but laws can be complex.
Student loan management is a critical aspect of financial planning for doctors. Most doctors are going to want to refinance their loans at some point, but perhaps not in residency as rates are a little higher and the new REPAYE program is in some ways more attractive.
The new REPAYE program complicated the decision about whether or not to refinance as a resident. The 50% interest subsidy basically lowers your interest rate during residency, and the effective rate might even be lower than you can get from a private company.
REPAYE is a new federal student loan management program. It is essentially a combination of PAYE and IBR, with a few new features thrown in. Learn the rules and do the math to see what is right for you.
Student loans really suck. But starting in 2013 refinancing them became possible again. This competitive marketplace is constantly evolving for your benefit and there are now six companies offering a special deal to WCI readers to refinance their student loans to as low as 1.9% variable, including two that will refinance your loans even while you're still in residency!
[Updated Editor's Note: Welcome WSJ readers! I see that Josh Mitchell's recent article, US Student-Loan Forgiveness Program Proves Costly, links to this site claiming that some call the PSLF a "Docto...
Variable-rate loans have a bad reputation, but they've actually been the right choice over the last several decades compared to a fixed rate. Here's why.
[Editor's Note: This is a guest post written by my business manager. We have a serious financial relationship and immense financial conflicts of interest as you might expect. In fact, this is probably...
[Editor's Note: This is a guest post from Joshua Thompson, CFP, EA, a financial advisor and a frequent blog commenter who submitted a guest post last year on comparing disability insurance contracts....
I'm running two posts this week about student loans, this one today and a guest post tomorrow. Today's post will be about whether or not to refinance as a resident, a very complicated topic. Tomorrow'...
The first goal for most doctors is to get back to a net worth of zero. It will be far easier to do that if you don't have any credit card debt and if you "go nuts" on your student loans for your first year or two out of residency.