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Listen "Save Money With Student Loans - 2 Simple Ways"
Episode Synopsis
To save on student loans, one can increase monthly payments to reduce interest and pay off the loan faster or refinance to secure a lower interest rate. Increasing payments even by a small amount can lead to significant interest savings and shorten the loan term. Refinancing through another company, especially when credit scores have improved, can lead to substantial interest rate reductions and overall cost savings. Both methods can help in achieving debt freedom sooner and saving thousands in the process.
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