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Federal Loans, Private Loans, and How to Tell the Difference

Federal Loans, Private Loans, and How to Tell the Difference

With the high cost of attending college, many students and their families have had to take out one or more student loans. When students graduate, decent-paying jobs are not always available. As a result, many borrowers report difficulty repaying their student loans, and loan servicers and debt collectors are not always easy to work with. The following information is for anyone seeking to repay student loans.

Know Your Loans

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The first thing you should do if you have difficulty repaying a student loan is to determine what kind of loan you have. Lees verder