You’re Paying Your Internet Bill Wrong

Advertiser Disclosure

Student Loan Hero Advertiser Disclosure

Our team at Student Loan Hero works hard to find and recommend products and services that we believe are of high quality and will make a positive impact in your life. We sometimes earn a sales commission or advertising fee when recommending various products and services to you. Similar to when you are being sold any product or service, be sure to read the fine print understand what you are buying, and consult a licensed professional if you have any concerns. Student Loan Hero is not a lender or investment advisor. We are not involved in the loan approval or investment process, nor do we make credit or investment related decisions. The rates and terms listed on our website are estimates and are subject to change at any time. Please do your homework and let us know if you have any questions or concerns.

paying your internet bill

My husband and I use the internet to make a living. Without it, we wouldn’t finish assignments and wouldn’t get paid. That’s why we check our bill often to see if we’re getting our money’s worth.

Reviewing your internet bill is the best way to see if you can save money each month. It might be time to talk your provider down in price or move to another company. Here are a few ways to start saving on your internet bill.

1. Break down your bill

If you don’t know how much internet you’re using, you’re going to have a hard time figuring out how much to pay for it.

Because we need fast internet, we have a download speed of 100 megabits per second (Mbps). That’s how fast the internet travels for you to get what you’re requesting, such as downloading a movie. The higher the Mbps, the faster your internet.

Two years ago, we noticed our internet was 25 Mbps at $60 a month. We found a better price elsewhere and now get 100 Mbps for $80 a month after a one-year promotional period. That means we get four times the speed for only $20 extra dollars a month.

Check your bill to decide how many Mbps you need. You might need a faster speed like we do. Or maybe a slower speed would work just fine. After all, a slower speed could mean a cheaper bill.

2. Explore your options

Where you live determines which providers are available to you. If you live in a rural area, for example, you might not have as many options as someone who lives in a big city. It’s important to find out which companies operate in your area.

When we realized our internet speed was holding back our productivity, we made it a point to see which servicers were available near us. Our options were Comcast and AT&T. So, we went to their sites, plugged in our address, and compared the speeds and costs.

3. Review your budget

If you depend on a strong internet connection to get your work done, you might want to invest in a faster speed. However, paying more for internet means you might have to cut back elsewhere.

My household cut the cord a decade ago. Instead of paying for a TV package, we found an internet plan that includes HBO. We pay monthly for Netflix, and we have Amazon Prime, which includes TV shows and movies.

Depending on what you watch, you might want to do the same. If you don’t need it, why pay for it? Because we prefer a speedy internet connection, we sacrifice in other areas. Cutting the cord saved us money to put toward other things.

4. Try a bundle

Cutting the cord isn’t for everyone, and you might not save much, depending on your entertainment preferences.

Having a cable package might be important to you. If that’s the case, look for deals that allow you to bundle internet and cable. You also might be able to bundle your internet and cellphone.

There are a few options, so choose one that fits your preferences. Keep in mind, though, that if you don’t need cable or a home phone, bundling might not be a good option for you. Try it only if it makes sense for your household.

Talk to your current provider to see if there are any deals available. It’s also worth checking out the competition so you have a bargaining tool.

5. Ask for deals

If you like your internet provider, contact it to ask about promotions. Every provider offers deals throughout the year, and they’re worth exploring when your contract is set to renew.

Before switching providers two years ago, my husband and I stayed with the same company for six years. We liked what it offered, and it always gave us deals when we asked. We’d often call shortly before the promotional period was up and ask if any deals were available. Many times, our provider gave us the same deal for another year. It never hurts to ask.

Later, we left because we found a better deal elsewhere. Don’t feel pressured to stay loyal to a company if it isn’t giving you the best price for what you need.

Pay less for your internet

How much you pay for internet is based on what you use and what you’re willing to pay. Don’t fall victim to complacency and always be on the lookout for deals from your provider and its competitors. You could use the extra cash to pay more toward your student loans or save for retirement.

Interested in a personal loan?

Here are the top personal loan lenders of 2018!
LenderRates (APR)Loan Amount 
1 Includes AutoPay discount. Important Disclosures for SoFi.

SoFi Disclosures

  1. Personal LoansFixed rates from 5.950% APR to 14.490% APR (with AutoPay). Variable rates from 5.825% APR to 14.365% APR (with AutoPay). SoFi rate ranges are current as of May 3, 2018, and are subject to change without notice. Not all rates and amounts available in all states. See Personal Loan eligibility details. Not all applicants qualify for the lowest rate. If approved for a loan, to qualify for the lowest rate, you must have a responsible financial history and meet other conditions. Your actual rate will be within the range of rates listed above and will depend on a variety of factors, including evaluation of your credit worthiness, years of professional experience, income and other factors. See APR examples and terms. Interest rates on variable rate loans are capped at 14.95%. Lowest variable rate of 5.825% APR assu[mes current 1-month LIBOR rate of 1.90% plus 4.175% margin minus 0.25% AutoPay discount. For the SoFi variable rate loan, the 1-month LIBOR index will adjust monthly and the loan payment will be re-amortized and may change monthly. APRs for variable rate loans may increase after origination if the LIBOR index increases. The SoFi 0.25% AutoPay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. The benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account.
  2. Terms and Conditions Apply: SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. To qualify, a borrower must be a U.S. citizen or permanent resident in an eligible state and meet SoFi’s underwriting requirements. Not all borrowers receive the lowest rate. To qualify for the lowest rate, you must have a responsible financial history and meet other conditions. If approved, your actual rate will be within the range of rates listed above and will depend on a variety of factors, including term of loan, a responsible financial history, years of experience, income and other factors. Rates and Terms are subject to change at anytime without notice and are subject to state restrictions. SoFi refinance loans are private loans and do not have the same repayment options that the federal loan program offers such as Income Based Repayment or Income Contingent Repayment or PAYE. Licensed by the Department of Business Oversight under the California Financing Law License No. 6054612. SoFi loans are originated by SoFi Lending Corp., NMLS # 1121636. (www.nmlsconsumeraccess.org)

2 Important Disclosures for Citizens Bank.

Citizens Bank Disclosures

  1. Personal Loan Rate Disclosure: Fixed interest rates range from 4.99% – 16.24% (4.99% – 16.24% APR) based on applicable terms. Lowest rates shown are for eligible applicants, require a 3-year repayment term, and include our Loyalty and Automatic Payment Discounts of 0.25 percentage points each, as outlined in the Loyalty Discount and Automatic Payment Discount disclosures. Subject to additional terms and conditions, and rates are subject to change at any time without notice. Such changes will only apply to applications taken after the effective date of change.
  2. Loyalty Discount: The borrower will be eligible for a 0.25 percentage point interest rate reduction on their loan if the borrower has a qualifying account in existence with us at the time the borrower has submitted a completed application authorizing us to review their credit request for the loan. The following are qualifying accounts: any checking account, savings account, money market account, certificate of deposit, automobile loan, home equity loan, home equity line of credit, mortgage, credit card account, student loans or other personal loans owned by Citizens Bank, N.A. Please note, our checking and savings account options are only available in the following states: CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI and VT. This discount will be reflected in the interest rate and Annual Percentage Rate (APR) disclosed in the Truth-In-Lending Disclosure that will be provided to the borrower once the loan is approved. Limit of one Loyalty Discount per loan, and discount will not be applied to prior loans. The Loyalty Discount will remain in effect for the life of the loan.
  3. Automatic Payment Discount: Borrowers will be eligible to receive a 0.25 percentage point interest rate reduction on their Citizens Bank Personal Loan during such time as payments are required to be made and our loan servicer is authorized to automatically deduct payments each month from any bank account the borrower designates. If our loan servicer is unable to successfully withdraw the automatic deductions from the designated account two or more times within any 12-month period, the borrower will no longer be eligible for this discount.

* Important Disclosures for Upgrade Bank


Upgrade Bank Disclosures


  • Your loan terms are not guaranteed and are subject to our verification and review process. You may be asked to provide additional documents to enable us to verify your income and your identity. This rate includes an Autopay APR reduction of 0.5%. By enrolling in Autopay your payments will be automatically deducted from you bank account. Selecting Autopay is optional. Annual Percentage Rate is inclusive of a loan origination fee, which is deducted from the loan proceeds. Late payments or subsequent charges and fees may increase the cost of your fixed rate loan. All loans made by WebBank, member FDIC. Please refer to Upgrade’s Terms of Use and Borrower Agreement for all terms, conditions and requirements.
  • Accept your loan offer and your funds will be sent to your bank via ACH within one (1) business day of clearing necessary verifications. Availability of the funds is dependent on how quickly your bank processes this transaction. From the time of approval, funds should be available within four (4) business days.

7.73% - 29.99%$1,000 - $50,000
Check rate nowon SLH's secure site
5.83% - 14.74%1$5,000 - $100,000
Check rate nowon SLH's secure site
5.96% - 35.97%*$1,000 - $50,000Visit Upgrade
8.00% - 25.00%$5,000 - $35,000
Check rate nowon SLH's secure site
4.99% - 29.99%$10,000 - $35,000Visit FreedomPlus
4.99% - 16.24%2$5,000 - $50,000Visit Citizens
15.49% - 34.49%$2,000 - $25,000Visit LendingPoint
5.99% - 35.89%$1,000 - $40,000Visit LendingClub
5.49% - 18.24%$5,000 - $75,000Visit Earnest
9.95% - 35.99%$2,000 - $35,000Visit Avant
Our team at Student Loan Hero works hard to find and recommend products and services that we believe are of high quality and will make a positive impact in your life. We sometimes earn a sales commission or advertising fee when recommending various products and services to you. Similar to when you are being sold any product or service, be sure to read the fine print understand what you are buying, and consult a licensed professional if you have any concerns. Student Loan Hero is not a lender or investment advisor. We are not involved in the loan approval or investment process, nor do we make credit or investment related decisions. The rates and terms listed on our website are estimates and are subject to change at any time. Please do your homework and let us know if you have any questions or concerns.