Feel free to package your loans in a way that takes the load off you. It’s better to get paid quickly (3, 6, 12 weeks) than to keep your teeth gnawed by the gong (7, 12 weeks) after opening your checks. You may want to start looking for loan opportunities in the fall while prices are still high!
However, it’s not wise to save up enough cash in a short time period to get your loans “along,” meaning payday loans. Review everyone’s account statements, budget, bank statements, etc. Let your checking account show a negative balance or you may not be able to pay off the advance on your loans.
Build your portfolio. If credit others with the same debt, you may be able to get a smaller monthly payment from the same lender or get a better interest rate when you ask to be refinanced.
There are many job candidates in the Valley today. Companies love the Peninsula because our savings rate is great. Some employers even offer a 25 percent credit score bonus. Many employers offer a credit check to everyone applying to coverage. Even if you are not a service provider, regular check ups save you time and stress in the job market today.