Even small additional payments can add up and reduce your overall interest.
This can lower your monthly payments and save you money in the long run.
Consolidating multiple loans into one can simplify your payments and potentially lower your interest rate.
This can help you avoid late fees and keep you on track with your payments.
Bonus, tax refund or inheritance can be applied towards loan payments to pay off faster.
By cutting back on unnecessary expenses, you can allocate more money towards paying off your loans.
Talk to a financial advisor or the lender about your situation and possible options to pay off your loans faster.