Ways to Avoid Student Loan Fees

Most students may not even be aware of fees that accompany many private and federal student loans.

Ways to Avoid Student Loan Fees

Paying on time is always recommended, not only to avoid late fees but to keep a credit report healthy.

To avoid late fees, returned-check fees, and collection fees, borrowers can set up automated payments from a bank account.

Set up automatic payments

Borrowers having trouble making payments on time can call their student loan servicer and ask for extensions or other options so that they don’t go into default.

Ask for extensions

Signing up for a loan with one of these companies could put money back into your pocket that could go toward repaying the loan.

Loan company

Swipe up to learn more.