We know that the topic of this week’s post from your apartments in Upper Kirby isn’t the most exciting thing in the world, but we figured we’d start the new year off with some straight talk about student loans. You’re going to have to pay them back eventually, so you might as well learn everything you can about the loans and the repayment plan options.
In the blog post below, we’ll be sharing some tips that should help you feel a little more knowledgeable when it comes to your student loans. There’s nothing fun about making that monthly student loan payment, but we can guarantee that you’ll be having fun when you do finally pay them off. Our hope is that once you read through the blog post below, you’ll feel a little bit better about your student loan situation.
Now that we’ve gotten the intro out of the way, let’s jump right into this week’s blog! When you finish reading through the post below, please feel free to share the link to this page with your friends. Or, if you're feeling neighborly, send it to your fellow residents at your community of Greenway Plaza apartments!
Pre-pay whenever possible.
Whenever you have a little money left over after paying off the bills, try to put it towards your student loans. The more you can prepay — meaning pay more than your required monthly amount — the more interest you’ll be able to shave off your loan. Driving down that accrued interest is the best way to pay off your loans more quickly. Pre-pay when you can, residents!
Learn about forbearance and deferments.
A lot of people think of student loans as a mandatory payment that must be made every month. While it’s true that you should be making payments every month, it’s also true that you have options if you want to stop making payments for a bit. Maybe you’re going to switch jobs and will lose income for a bit, or maybe you’re going to take an extended vacation and don’t want to deal with loan payments for a bit. Either way, you should look into your options for forbearance and deferments. It might be possible to avoid making payments for a few months!
This last tip is short and sweet. If you’re confused about your loan or unable to make a payment, just get in touch with your lender. You always have options!
That’s the end of our list of student loan tips! At this time, we’d like to thank those of you who have been coming back week after week to read all the latest brand new blogs from Metropole apartments. We love writing these, and we’re thrilled to see that so many of you have enjoyed reading them! While you wait for us to post the next blog on our website, we hope that you’ll take a few minutes out of your day to explore some of the student loan repayment options listed above.
You can expect another blog to go live on our website in just a few weeks time. If you feel like you learned something useful from this week’s post and you want to see the next one right when it’s posted on our website, please be sure to bookmark our blog page so you can easily check back when our next post goes up. In the time between now and when the next blog goes live, you can keep up with everything happening at Metropole by following us on social media! That’s both the fastest and easiest way to stay in-the-know regarding upcoming resident events, special giveaways and promotions happening at your favorite community of apartments in Greenway Plaza.