Not exact matches
This works to reduce the interest owed
over the life of a
student loan and speeds up the repayment timeline significantly, depending on the extent to which
extra payments are being made.
Adding just $ 25 per month
extra to your
student loan payments can save you hundreds of dollars in interest
over the long run.
Generally, there is no penalty for making
extra student loan payments, and it can help you spend less on interest
over the life of the
loan.