Navigate Your Student Loan Repayment Options With This Interactive Tool
If money is tight and you cannot afford to pay off your student loan, there are relief options. Navigating through them can be confusing, but this interactive tool gives you an idea of the options that you are probably eligible for and then helps you get started with them.
We’ve written about Student Loan Hero (SLH) before as they have many useful calculators to help you navigate the student loan process. Their latest tool will help you see what repayment options you might have : refinancing, income based repayment plans, and so on.
You answer a few questions about loan and employment information and then the tool breaks down your options. You will receive a description of each one, as well as pros and cons and calculators to determine what your own numbers will look like. Once you choose an option, the tool will also provide you with the resources you need to get started.
You need to register via email to see your results, which creates an SLH account, but SLH helps you organize and track your loans. If you’re unsure of where to start paying off your student loan, their tool can help you get the ball rolling, and you can check it out at the link below.
What is your position? | Student loan hero