Darla Oberton of Rochester MN asked Fist Alliance Credit Union, “What’s the best way to pay off my student loans?”
Troy Brenhaug, Consumer Loan Manager at First Alliance Credit Union, share these excellent tips and advice on paying off student loan debt:
- One of the best resources to use is studentloans.gov
- Student loans have more flexibility than many people think
- While you can use a personal loan to pay off student debt, it’s not always the best option
- The more you can pay towards your student loan the faster you can pay them off
- Review your interest rates and consider cafeteria plans
Learn more about paying down student loan debt: https://www.firstalliancecu.com/blog/five-strategies-for-tackling-student-debt
