Are you having problems organizing your budget? Want to make smart choices with your $$?
If you answered yes to any of these questions, there is no need to worry. FedLoan Servicing is here to help!
FedLoan Servicing has developed a website dedicated to helping student loan borrowers with all things related to managing debt and money - YouCanDealWithIt.com. With YouCanDealWithIt's help, you can get help with your toughest financial questions.
What is Budget Central?
Budget Central will point you to the most useful information on YouCanDealWithIt.com and MyFedLoan.org to get you started on the right path to a solid financial foundation.
And the sooner you start having a plan for your money, the closer you will be to achieving your financial goals.
Getting Started & Budgeting
The first step to managing your money is determining how much you make and how much your bills take. From there you can make adjustments as necessary to fit your life style, reach your savings goals, or reduce your expenses.
Check out these tips and tools to get you started.
- How to Budget
Take this simple approach to help you keep a little more in your wallet.
- How to Save
Set money aside for short-term and long-term goals, emergencies, and even retirement.
There is more to managing your finances than a budget. Things like your credit score and credit card debt can greatly impact your ability to make major purchases or reach your financial goals.
Check out these tips and tools to get you in the know.
- Know Your Credit Score
Your credit score shows lenders how responsible you are with money.
- Credit Cards
Use credit cards wisely to avoid unnecessary debt.
- Debt Repayment Calculator
Let this calculator show you how you can pay off debt in a shorter amount of time and save money.
Paying your Student Loans
In today's world, student loan payments are a big chunk of everyone's budget. Many don't know there are options available to make repaying your student loans more flexible.
Check out these tips and tools to help you pick a student loan repayment strategy that is right for you.
- Grace Period
Find out the benefits of making payments during your grace period, if your loan has one.
- Ways to Pay
There are many options for paying your student loans. The choice is yours.
- Repayment Plans
Decide which repayment plan may work best for you (if you qualify).
- Loan Consolidation
Combine one or more existing student loans into a single new loan.
- Loan Payoff
Say goodbye to monthly payments and pay your loan in full.
- Repayment Estimator
Use our Repayment Estimator to determine what repayment plan may best fit your needs.
- Grace Period Calculator
See how much you can save if you make payments during the grace period.
- Interest Savings Calculator
See how much you can save when you make interest payments on your student loan while in school.
- Federal Direct Consolidation Loans Online Calculator
Calculate how much consolidation may lower your monthly payments.
- Know Where to Go Worksheet
Use this worksheet to write down all your loan and servicing information so you know where to make payments and who to contact when questions arise.
- Repayment Q&A
Take our Q&A to find out what you may already know about your rights and responsibilities as a borrower.