Here Are A Few Things You Can Do If You’re Strapped For Cash
- By
Julia Austin
Source: RapidEye / Getty
Look into refinancing student loans
If student loan payments are drowning you, you don’t have to live like that. Educationdata.org reports that the average student loan payment per month is $393. Shop around and see if there is a lender who will give you a better rate. Even shaving an extra $40 a month off of that payment will make a difference. That’s $480 a year. Some lenders will give you a cash bonus for moving over to them, so you might see something like a $150 to $300 bonus, just for transferring your student debt.
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