If you have been watching the news, you may be wondering what the hike in interest rates will mean for your student loans. According to a recent article by NerdWallet, that answer depends on what type of loan(s) you hold.
“. . . while the hike will likely increase rates for credit cards and mortgages, it will only affect your student loans if they have variable interest rates.”
The article goes on to help you determine which type of loans you have, and what your next steps would be for each.
Read the full article here.
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