Featured on Yahoo! “Web tool helps pay off student loans quicker”

A week after launching our alpha version of the site, we were featured on Yahoo News! The article provides a great overview of what the student loan tool does and how we can we help borrowers pay off student loans faster. Hopefully this is just a start to some other great media plugs addressing the student loan crisis.

Here is a quick snippet of the article:

“Users first enter the details of their debts – both federal and private – into the system, enabling them to view all of their loans in one place. They can then see how much they are currently paying each month, their average interest rate across loans, their minimum payment and how long it will take to become free of the debts. Users can then select one of three plans depending on what works best for them. The Fast Track option pays the loans with the highest interest rate first, while the Debt Snowball plan pays those with the lowest principal first, or graduates can just choose to pay the minimum installments. The site explains the consequences of each plan in order to educate users about finance as they make decisions about their loans. A glossary of financial terms is available and the start-up aims to add graphic explanations of how loan options work.”

Original article can be found here.

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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.

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