Good evening. I've been researching for ways to make my loan repayment and heard about some income-sensitive thing, Could you tell me more, please?
No problem. You are referring on the so called Income-Sensitive Repayment Program. Is a very useful program that helps those who have low incomes, to pay their loans. The payments under that plan goes up or down, based on your annual income.
So that plan could be perfect for making lower payments, huh?
Absolutely. If you're a Federal Family Education Loan Program user, then you could for this reduced payments plan.