Student loan debt is a drag, and not just on your finances. Dealing with multiple lenders can be a real time-suck, and, let's face it - no one wants to spend more time than absolutely necessary paying off debts. If you've been looking for a way to make repaying your student loans less of a burden (and less expensive), PenFed just might have a s...Continue Reading

In a recent study by Student Loan Hero , 61% of respondents said they fear their student loan debt worries are spiraling out of control. We know having these loans causes stress, but thankfully there are ways to manage this debt to help prevent it from taking too much control over your life. For this post, we focus specifically on tips that help in...Continue Reading

There's no magic formula to pay off student debt, but there are several strategies you can use to save time, money, and keep yourself motivated. These strategies, paired with refinancing are a smart approach to paying off debt faster. Bi-weekly Payments A strategy popular in the mortgage industry, making bi-weekly payments can cut down on your ...Continue Reading

Student loans are a burden at any age, but young professionals and recent graduates have a big advantage in paying off their loans: time. Parents often take out loans for their children's education and are stuck with an extra financial burden at a time when they may already have other financial priorities such as paying off their mortgage or boosti...Continue Reading

Building Credit Credit can play a big part in anyone's life. It'll come into the picture across many milestones in someone's life ... from certain jobs that require good credit to buying a home. It's particularly important when it comes to applying for student loan refinancing. No one is born with good credit ... responsible repayment of debt and...Continue Reading

Zack Friedman is the founder and CEO of Make Lemonade, a personal finance website with free financial tips, tools and reviews to help save you money on your student loans, personal loans, investing, banking, mortgages, credit cards and more. Zack is a personal finance and student loan expert and shares his thoughts with PenFed on how a fixed inte...Continue Reading