Need help with a Finances question about loan payments

User Generated

whatyr_Xvat

Business Finance

Description

Manage My Loans, available through your Student Portal, provides you with the ability to estimate your student loan repayment. How will you use that information to ensure you ONLY borrow what you need?

If you do not have loans, how can the information and concepts in the Resources tab of Manage My Loans help you with your personal finances?

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Explanation & Answer

Thank you for the opportunity to help you with your question!

With the ability to estimate the future loan repayment  I will be able manage my expenses in such a way that expected paycheck after education can be able to sufficiently pay my education loan.

Even though if I don't have any loan the information provided in resources tab is still use full. Since manage my loans provides you with ideas on how to save for future repayment same can be applied to save for the purposes of saving which will make our health financially stronger. 

Please let me know if you need any clarification. I'm always happy to answer your questions.


Anonymous
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