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What should I do with my loans?
23 yr old, I plan to go back in >2 years. Currently have thad them in Forbearance before covid.
Current Balance: $7,839.26 Outstanding Principal: $7,784.58 Accrued Interest: $54.68
DEPT OF EDUCATION/NELN
Exceptional payment history
$753 Balance
updated Jun 30, 2022
Account status Open
Monthly payment $0
Terms 120 Months
DEPT OF EDUCATION/NELN
Exceptional payment history
$1,809 Balance
updated Jun 30, 2022
Original amount $1,619
Monthly payment $0
Terms 120 Months
DEPT OF EDUCATION/NELN
Exceptional payment history
$1,757 Balance
updated Jun 30, 2022
opened Aug 18, 2016
Account status Open
Monthly payment $0
Terms 120 Months
DEPT OF EDUCATION/NELN
Exceptional payment history
$3,518 Balance
updated Jun 30, 2022
Original creditor - Company sold
Account status Open Status
Monthly payment $0
Terms 120 Months
First, what are the interest rates on all of your loans ?
I woudn't do anything in the short term as there are potential changes looming for loan forgiveness / extension of payment pause, etc...
Interest is 3.760% & 4.450%
@Minorincrediting wrote:Interest is 3.760% & 4.450%
Those rates are pretty good so for now I woudn't do anything, especially considering that rates are only going up this year.