Strategic Ways to Pay Off Student Loans

Our weekly #CreditChat started in 2012 to help our community learn about credit and important personal finance topics (e.g. saving money, paying down debt, improving credit scores). Each chat is hosted by @Experian on Twitter and all are welcome to participate. DM us any questions.

This week, we will be talking about actionable ways to pay off your student loans quickly.

Topic: Strategic Ways to Pay Off Your Student Loans Quickly

When: Wednesday, January 27, 2021 at 3 p.m. ET.

Where: Twitter chatroom or join the live hashtag discussion.

Beverly Harzog: Credit Card Expert and Consumer Finance Analyst for U.S. News; Lawrence D. Sprung: CFP® President of Mitlin Financial, Inc.; Take Charge America; Paulina Likos: Investing Reporter at U.S. News; Rod Griffin: Senior Director, Consumer Education and Advocacy, Experian and Christina Roman: Consumer Education and Advocacy Manager at Experian.

Giftcard Giveaway

Enter here for a chance to win a $50 Amazon gift card!  Make sure to tweet out this page with the #CreditChat hashtag. We will be announcing a winner at the end of the chat. Entry Period: Raffle open now and closes at the end of this chat at 4 p.m. ET. Complete rules here.

Questions We’ll Discuss:

Q1. What should you know before taking out a student loan?

Q2. How soon after graduating should you start paying off your student loans?

Q3. What should you know about paying off federal vs. private student loans?

Q4. What are some barriers to paying off student loans?

Q5. How do student loans affect your credit scores?

Q6. Should you refinance your student loans?

Q7. If you have multiple loans, which should you focus on paying off first?

Q8. What should you do if you think you may miss a student loan payment?

Q9. Many student loans were placed on forbearance as part COVID-19 relief efforts. What should consumers know about student loan forbearance?

Q10. What are some ways to make extra income so you can pay off your loans faster?

Q11. What are some student loan payment accommodations that may be available?

Check out our complete list of upcoming personal finance Twitter chats here.