✉news BusinessPersonal Finance first seen 23 h ago, last 12 h ago, peak #21
Student loan autopay interest rate discount deadline extended
Federal loan servicers have extended the deadline for borrowers to sign up for autopay and keep the 0.25 percentage point interest rate discount. Borrowers who had the discount set to expire have more time to enroll in automatic payments without losing the rate reduction. The move matters for borrowers already stretched by restarting payments and interest accrual, giving them extra breathing room to keep their rates slightly lower.
Why now: Borrowers worried about losing a small but meaningful interest rate break amid ongoing student loan repayment pressures are seeking details on the new deadline.
federal student loan servicersstudent loan borrowers
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