Loan Hibernation Ends: Paytime for Student Bills
Video Credit: Rumble - Duration: 01:24s - Published
Loan Hibernation Ends: Paytime for Student Bills
This is the last week to make interest-free payments on federal student loans.
Starting September 1st balances will begin accruing interest again and starting October 1st payments will be due for the first time in 3 years.
When it comes to how to best tackle those payments Lending Tree applied pay-off methods used for other types of debt.
They found the 'debt avalanche' and 'snowball' strategies could help borrowers get their balances to zero 100 months sooner.
![Student Loan Payments Are About to Resume [Video]](https://video.newsserve.net/300/v/20230831/1357215393-Student-Loan-Payments-Are-About-to-Resume.jpg)
