|By PR Newswire||
|September 4, 2014 06:00 AM EDT||
BOHEMIA, N.Y., Sept. 4, 2014 /PRNewswire-iReach/ -- Being aware of your federal student loans can go a long way toward building a solid financial foundation. Rapid Recovery Solution outlines common mistakes graduates should avoid when it comes to repaying student loan debt.
- Putting off paying your student loans, won't make them disappear.
There are very few ways to get out of student loan debt. If you don't start making payments on your student loans, your debt will just increase over time. If you can't afford to pay them back now, you may want to consider an income based repayment program.
- Paying off your least expensive loans first could end up costing you.
If you plan on paying off a particular loan first, choose the one with the highest interest rate.
- Assuming all your loans have the same grace period is a bad way to start.
A grace period is how long you can wait after leaving school before you have to make your first payment. If you have loans from multiple lenders, you likely have different grace periods. Check with each one before putting off making your payments.
John Monderine, CEO of Rapid Recovery Solutions, speaks out. "Many students don't realize that when it comes to student loan debt, there are no shortcuts. Students will do whatever they can to avoid expensive student debt payments not realizing that they are only making their student loans even more costly." Monderine goes on to explain the importance of educating graduates on the effects of defaulting payments.
Founded in 2006, Rapid Recovery Solution, Inc. is headquartered at the highest point of beautiful Long Island. Rapid Recovery Collection Agency is committed to recovering your funds. We believe that every debtor has the ability to pay if motivated correctly. We DO NOT alienate the debtors; we attempt to align with them and offer a number of ways to resolve not only your debt but also all their debts.
Media Contact: Scott Darrohn, Rapid Recovery Solution, Inc., 855-347-4228, [email protected]
News distributed by PR Newswire iReach: https://ireach.prnewswire.com
SOURCE Rapid Recovery Solution, Inc.
When it comes to cloud computing, the ability to turn massive amounts of compute cores on and off on demand sounds attractive to IT staff, who need to manage peaks and valleys in user activity. With cloud bursting, the majority of the data can stay on premises while tapping into compute from public cloud providers, reducing risk and minimizing need to move large files. In his session at 18th Cloud Expo, Scott Jeschonek, Director of Product Management at Avere Systems, discussed the IT and busin...
Jul. 23, 2016 05:30 AM EDT Reads: 1,689
"This week we're really focusing on scalability, asset preservation and how do you back up to the cloud and in the cloud with object storage, which is really a new way of attacking dealing with your file, your blocked data, where you put it and how you access it," stated Jeff Greenwald, Senior Director of Market Development at HGST, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 23, 2016 05:30 AM EDT Reads: 1,316
Jul. 23, 2016 05:15 AM EDT Reads: 1,113
Jul. 23, 2016 05:00 AM EDT Reads: 1,469
Jul. 23, 2016 05:00 AM EDT Reads: 1,771
Jul. 23, 2016 04:30 AM EDT Reads: 1,904
Jul. 23, 2016 04:30 AM EDT Reads: 1,377
Jul. 23, 2016 04:00 AM EDT Reads: 2,328
Jul. 23, 2016 03:45 AM EDT Reads: 1,742
Jul. 23, 2016 03:45 AM EDT Reads: 1,569
Jul. 23, 2016 03:30 AM EDT Reads: 1,067
Jul. 23, 2016 02:45 AM EDT Reads: 695
Jul. 23, 2016 02:45 AM EDT Reads: 2,034
Jul. 23, 2016 02:30 AM EDT Reads: 743
Jul. 23, 2016 01:15 AM EDT Reads: 1,005