student loans

Common Reasons For Student Loan Default And How You Can Avoid It

By College Raptor StaffLast updated on December 22, 2022

If you are struggling to make your monthly loan payments, you are not alone. Various reports indicate that the number of students struggling with student loan debt is increasing every year. Every student may have a different reason as to why they default on their loans. The reasons don’t matter, though. Regardless of why you …

student loans

4 Things You Must Understand About Student Loan Debt

By College Raptor StaffLast updated on December 22, 2022

Taking student loans is often the only way that most students can fund their higher education. It has in fact become so commonplace that students don’t think twice about taking on huge loans just so they can attend the most prestigious college on their shortlist. Unfortunately, some student loan applicants mistakenly presume that once they …

student loans

3 Tips To Help You Start Paying Off Your Student Loans While You Are Still In College

By College Raptor StaffLast updated on December 22, 2022

You may not be able to pay off your entire student loan while you are still in college, but if you start now you will be able to reduce your debt considerably by the time you graduate. That is incentive enough to make a few sacrifices and start paying off your student loans earlier rather …

student loans

Making Student Loan Inquiries May Affect Your Credit Score

By College Raptor StaffLast updated on December 22, 2022

If done incorrectly, making student loan inquiries can actually negatively affect your credit score. Your credit history plays a key role in future loans approval. It also affects the interest rate of your loan. With that in mind, it is important to know how to make loan inquiries in a way that they do not …

student loans

Struggling To Pay Back Your Student Loans? Consider These 6 Options

By College Raptor StaffLast updated on December 22, 2022

The first few years after you graduate can be pretty rough financially. As a new graduate with little or no experience, finding a job can be difficult. Even when you get hired, more likely than not the starting salary will not be enough to cover your loan payment, rent, and other necessities right off the …

student loans

Pros and Cons of Hybrid Rate Loans

By Morgan StaubLast updated on December 22, 2022

There’s a lot of loan jargon that students have to be familiar with before they feel comfortable making decisions that impact their financial future. Terms like “annual percentage rate,” “cancellation time-frame,” and “discretionary income” seem imposing at first, but once you break them down, everything becomes more simple. This rule holds fast for hybrid rate …

student loans

A Breakdown of Student Loan Borrower Protections

By Ellen AndersenLast updated on December 22, 2022

Taking out student loans is a huge commitment that can potentially greatly impact your life after college. When taking out student loans, borrowers need to be aware of the loan borrower protections they have. It’s very important to do plenty of research into student loan borrower protections before signing the dotted line. Read the fine …

student loans

Important Details You Should Know Before You Take Out A Student Loan

By College Raptor StaffLast updated on December 22, 2022

If you take out a student loan, the first thing you should know is that you’ll pay it back. This is not a scholarship or grant, which is gift aid or “free money”. A student loan is just like any other loan—you have to pay it back to the lender with interest. When you take …

student loans

Understand The Risks Of Being A Student Loan Cosigner Before Signing

By College Raptor StaffLast updated on December 22, 2022

Most students applying for student loans are not likely to have any credit history. While this does not affect their ability to apply for and get federal student loans, it can pose a problem when applying for private student loans. Private lenders are understandably more apprehensive about lending money to unknown entities. Without any credit …

student loans

Tips For Getting The Lowest Student Loan Rates

By College Raptor StaffLast updated on December 22, 2022

Did you know that private student loans have varying rates of interest? This means you can shop around for loans and find some pretty good deals. You cannot do this with federal student loans. Those rates are set for the year and are fixed for that particular year. They are also the lowest rates you …