Re: student loan repayment strategy help?
Be sure to contact your loan holder before you make the extra payments to find out EXACTLY how they want you to do it. They may want you to send it in a different check. If you don't do it the exact way they specify, they may not apply it to the principle. Also, check afterwards to make sure what happened was what you intended to happen. They may also be able to provide you with tables that will show you how much faster you will pay off the loan with say, $20 extra a month, or whatever you decide. But every bit helps!
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