Unformatted text preview: contact my lender immediately to discuss my options. This could include a deferment or forbearance. One positive thing that I can do to keep my student loans under control is to borrow as little as possible. Many of my colleagues use surplus funds from student loans to supplement their incomes. I will choose to not do this so that the loan is as small as possible. I have also discussed with my financial counselor the practicality of making payments now towards the interest that is accruing compared to waiting until six months after I stop my education. The interest would be more manageable, and my monthly payment may potentially be smaller....
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- Spring '10
- Debt, Credit rating, six months, surplus funds, poor credit rating