For example, a savings account offering an interest rate of 10 % would give you a better return than one offering 5 %. (young-money.org.uk)
The private student loan lender also offers an interest rate reduction of 0.25 % once 24 consecutive, on - time payments have been received. (studentloans.net)
And, as an added bonus, most lenders offer an interest rate discount of at least 0.25 percent for borrowers who enroll in auto - pay. (loanlab.co)