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Student Loan Hero is not a lender or investment advisor.We are not involved in the loan approval or investment process, nor do we make credit or investment related decisions.If you meet these requirements, you might be an excellent candidate for student loan refinancing and consolidation!If you don’t think you meet the requirements, don’t worry – as you can apply with a cosigner to increase your chances of getting approved for a better student loan.If approved for this benefit, the lender will put the borrower's loans into forbearance, suspending their monthly loan payments.Unpaid interest will continue to accrue and will be capitalized (added) onto the borrower's principal balance.
However, borrowers have peace of mind knowing their monthly payments will always be the same amount.
We sometimes earn a sales commission or advertising fee when recommending various products and services to you.
Similar to when you are being sold any product or service, be sure to read the fine print, understand what you are buying, and consult a licensed professional if you have any concerns.
Longer terms will typically result in lower monthly payments but at a higher interest rate.
Borrowers may select any term offered by a lender regardless of the current loan term.