Should I Get A Low APR Loan to Pay Off My Student Debt?
Education has become an expensive affair. People need external financial help to manage the costs of studying in a good university or college. This is where a student loan enters the picture, and it often comes with a considerable cost.Generally, student loans are low-cost and borrower-friendly loans that come with a fixed monthly interest rate. Some lenders might charge a floating interest rate. In some cases, the Government agrees on charging interest at a subsidized rate of interest, depending on the financial health of the student.Student loans have become an important part of an individual's life. However, the non-payment of your dues can have severe consequences and lead you into a messy debt-trap. You must take the necessary steps in advance to avoid yourself from going into...