Archives for March 2016 | Bruce Mesnekoff official Web Site - Biography, Photos, Contact and More.

Monthly Archives: March 2016

//March
­
21 03, 2016

Direct Consolidated Loans and Their Effects by Bruce Mesnekoff

Whoever said that education is the key to unlock the golden door to freedom had never heard of Student Loans! Most students, by the time they graduate, will have multiple loans to repay and each of these loans come with a different interest rate. Whether they are federal student loans, private student loans or a […]

21 03, 2016

Postpone Student Loan Payments with Deferment & Forbearance Options

Under certain circumstances, if a borrower is unable to make loan payments on time owing to temporary financial complexities, he/she may qualify for a period of forbearance or deferment. During this period, a debtor is temporarily allowed to reduce or postpone payments for the federal student loan availed. This helps in avoiding credit defaults to […]

21 03, 2016

7 Ways To Know Repayment Options Of Your Federal Student Loans by Bruce Mesnekoff

1 Standard Repayment Plan
Plan works for all federal subsidized, unsubsidized and consolidated loans and is best suitable for those who are
ready to pay high monthly installments for 10 years to pay the loan in full.
2 Graduated Repayment Plan
This plan starts with a low repayment amount initially and gradually increases it every two years. It works […]