Grace periods are ending for May 2019 graduates, and it's time to start repaying those student loans you took out. So, who do you pay?
Like most college graduates, you probably have student loans. You might even have multiple types of student loans. The main two types are Federal and Private, and here's how to figure out who to call up to start making payments.
Private Student Loans
Check your credit. Just like a car loan, the lender information for your private student loans will be on your credit report.
There are a few ways you can pull your credit. You can get a free one from annualcreditreport.com, use tools such as credit karma, wallet hub, or credit sesame. Once there, open up the details for each loan and search for the lender name, website, and phone number.
Federal Student Loans
Federal student loans will show up on your credit as well, but there's a better place to find who your loan servicer is. Every borrower that has federal student loans has an NSLDS file. This file is from the National Student Loan Data System, run by the government. To get your NSLDS file, go to nslds.ed.gov/nslds/nslds_SA/. Once logged in, search for the data download button. Download this Excel sheet and save it to your files. A few rows down will be the contact information for your loan servicer.
Once you find out who your loan servicer is, you'll need to call them or create an online account to start repaying your loans.