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Student loans: Step 1

When you think about your loans do you feel a sense of uncertainty? If your answer is yes, then you're not alone. With so many other competing priorities it’s really easy to forget about your loans. That's why it's no surprise that it takes student loan borrowers an average of 21 years to pay off their student loans.


Here's the thing. We understand that every student loan borrower is in a different financial situation and no “one-size-fits-all” solution is possible. You might be thinking "my situation is so different because of xyz..." But know this, student loans are NOT forever. We’ve been where you are. We’re real people with real financial goals just like you.


So we put together 3 things that you can do to ensure you're moving in the right direction towards becoming debt-free from student loans.



Step 1

Get organized

When it's all said and done the most common trap that people fall into is, sadly, doing exactly what their loan provider wants them to do.



And that is putting your loans on auto-draft and not thinking about them ever again. Sounds silly, right? But actually, this leads to the fact that 53% of student loan borrowers are not confident they know how much they owe on their loans. When asked these questions :

  • How much do you owe

  • What is your interest rate

  • When will you be completely debt-free

  • How much do you pay towards your loans


Only 6% of respondents could answer all four questions. Not surprisingly, the question that was answered correct most often was "How much do you pay towards your loans?" This means the only thing that they truly knew about their loans is how much money they're throwing over the wall each month.




Seeing the grand total of what you owe and seeing it all in front of you makes the debt that much more real. You start to realize how many zeroes are in that number and really start to think about how many YEARS it’ll take to be paid off.

(Shameless plug) With apay, once you sync your student loans you can see all of this information right from your phone.

So in other words, step 1... check!


If you're tired of feeling uncertain about our student loan, download apay!


Preview of step 2:

Monitor Interest Rates


The best way to manage

student loans.

Save time. Save money.

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