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Student Loan Advice

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The following guest post is from long-time reader Rebecca in response to my friend Isabelle’s new budget.  I thought anyone with student loans may be interested.  🙂  Thanks Rebecca! Our Student Loans I wanted to provide some unsolicited input for Isabelle regarding her student loans.  I don’t know what interest rate Loan #2 is at, or who her student loans are with, but I do have quite a bit of experience with student loans in general.  My husband and I actually have quite a bit of them, but luckily they are at a combined fixed rate of less than 2%, so they are not a priority for us to pay down.  Anyway, back to Isabelle. Advice I am going to assume at least one of her loans is with Sallie Mae, since they have a large share of the market.  If she does not have Sallie Mae, most student loan servicers probably offer similar options.  Sallie Mae has quite a few options to help individuals who are currently struggling with their payments.  Some of these require proof of income, and others don’t.  In either case, I would suspect she would qualify.  In her account, there should be a link for … Read more