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Federal student loan payments resume in 2022 — here are 10 tips for easing back into payments

Here’s what you can do now to set yourself up to start tackling your loan payments again.

Many borrowers have grown accustomed to having more money in their budgets since they haven’t had to make monthly student loan payments for over a year and a half. With these payments resuming, some borrowers may have to readjust their spending and saving in order to afford this additional bill. And in some cases, that may be easier said than done.

Select spoke with www.americashpaydayloan.com/pawn-shops-de/ bert-Terry, a managing partner at Yrefy, a lender that specializes in private student loans, to get some tips on how to prepare to restart your student loan payments. Here are 10 steps you can take to set yourself up for success:

1. Make sure you know who your loan servicer is

Over the past few months, some federal student loan servicers have opted to not renew their contracts with the U.S. Continuar leyendo: “Federal student loan payments resume in 2022 — here are 10 tips for easing back into payments” →