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US student loan interest to resume in September and payments in October (www.theguardian.com)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] Homo_Stupidus 1 points 1 year ago (1 children)

I did the same, but for credit card debt and car loans. To give myself a little credit, I did end up paying off my 9k credit card debt and my 5k car loan during the pause and pandemic. But I don't have much $ for student debt right now and it'll be a while before I do.

[–] zehty 1 points 1 year ago

Don't feel too bad. Getting rid of debt is a process that requires multiple steps and isn't accomplished in one fell swoop. I'd say you should be proud of paying off the credit cards and the car! Now you know not to fall into the same trap and can keep your finances nice and tidy.

When it comes to your student loans, approach them with the same mindset and save aggressively on the side to gradually but effectively pay off that balance. You'll get there!