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1. To Avoid Losing 1000s Make Sure You Research Repayment Options

8 Ways to Avoid Losing 1000s on Your Student Loans

You can select from various student loan consolidation options. These involve bundling all of your current debt so that you can make a single payment. Usually, the consolidation loan comes with a lower interest rate.

In some cases, you can also get an extension of the loan to make smaller monthly payments.

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It is also possible to get a flexible repayment plan which you can change as your circumstances change.

But be careful, while there are reputable organisations, there are many companies and practices to be cautious of. Keep reading to find out more.

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