It is extremely helpful to
reduce your debt load as much as possible before applying.
Not exact matches
While doing so will not give you any money upfront,
as if the loan would, it would greatly
reduce your monthly
debt load, allowing spending money on things that are more important to you now.
Pay or
reduce other
debts: It may be difficult getting your student loans refinanced if you are having
loads of other
debts such
as mortgage loan and auto loan.
Smart use of credit products, such
as low interest balance transfer credit cards, can help save money on interest payments and
reduce debt loads faster.
Review your
debt (s) with an experienced professional and develop a plan for
reducing the
load that you carry — less
debt means more savings for things you do not pay for every day / month,
as well
as things with a higher price tag that you want and may have placed on a «wish list» to buy later when you can afford to, such
as a new vehicle or new furniture.
With retirement years away, selling potential employees 401 (K) plans isn't going to be
as effective
as offering to help them immediately by
reducing their student
debt load.
Depending on how much you owe and how much you are getting back
as a refund, it may make sense to have the financial discipline to use the tax refund to
reduce your
debt load.
San Francisco - based Gymboree is aiming to
reduce its
debt load t by more than $ 900 million, and in a statement said it plans to close more than 350 stores
as a result of its restructuring (out of a total of 1,281).
The firm hopes to generate cash
as it continues to operate properties while it also works to get its lenders to agree to
reduced debt loads.