Navigating the complexities of student loan repayment can feel like traversing a minefield. One particularly thorny issue is capitalized interest – the silent, insidious growth of your loan balance. Understanding how capitalized interest works is crucial to effectively managing your student debt and avoiding unexpected increases in your total repayment amount. This guide will demystify the process, providing a clear explanation of capitalized interest, its impact, and strategies to minimize its effects. We’ll explore when interest capitalization occurs, its impact on your loan balance over time, and practical steps you can take to mitigate its growth. We’ll also delve into Read More …
