When it’s time for repayment, know your options. Most lenders offer a variety of repayment plans depending on your situation, such as extending payment terms or making interest-only payments on your loans.
Another strategy you can try is lowering the payments on your lower-rate loans and using the extra money you save to make bigger payments on your high-interest loans (this will save you money that you would’ve paid on the high interest rate).
So do a little digging and contact your lender to find out what repayment options will work best for you.
I will make my last car payment in the spring. I wonder if I can postpone student loan payments till then?
I didn't know that the company I had my studentloans consolidated through had 3 different options for when my loans entered repayment! here I was thinking about how all I was gonna be able to afford for food was ramen!