11 Terms You Need To Know Before Repaying Student Loans
Capitalization: Capitalization is when your loan holder adds unpaid interest to the principal balance of your loan. Capitalization happens whenever you enter repayment — or for federal student loans, at the end of a grace, deferment or forbearance period — as well as when you consolidate a loan or it goes into default. However, consolidation loans can also cost you any special benefits your … Read News