December 4, 2009, Newsletter Issue #148: Repayment Plans

Tip of the Week

Chase Tip: The final repayment option for repayment plans of an education loan is the income contingent plan. Your monthly payments are calculated based on your current income and are set based on a term up to 25 years. If a balance remains at the end of the 25 year term of your education loan, the remaining loan balance is discharged.

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