{"id":10167,"date":"2024-02-19T16:18:39","date_gmt":"2024-02-19T10:48:39","guid":{"rendered":"https:\/\/fly.finance\/blog\/?post_type=web-story&#038;p=10167"},"modified":"2024-02-19T16:18:41","modified_gmt":"2024-02-19T10:48:41","slug":"8-pros-and-cons-of-education-loan-restructing-in-2024","status":"publish","type":"web-story","link":"https:\/\/fly.finance\/blog\/web-stories\/8-pros-and-cons-of-education-loan-restructing-in-2024\/","title":{"rendered":"8 Pros and Cons of Education Loan Restructuring in 2024"},"content":{"rendered":"<p><html amp=\"\" lang=\"en\"><head><meta charSet=\"utf-8\"\/><meta name=\"viewport\" content=\"width=device-width,minimum-scale=1,initial-scale=1\"\/><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0.js\"><\/script><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0\/amp-story-1.0.js\" custom-element=\"amp-story\"><\/script><link href=\"https:\/\/fonts.googleapis.com\/css2?display=swap&amp;family=Poppins%3Awght%40400%3B700\" 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style=\"position:absolute;pointer-events:none;left:6.06796%;top:72.97735%;width:87.37864%;height:22.16828%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-84557cd0-ebd3-498a-b325-5ee93b9c07e0\">\n<div class=\"fill\" style=\"background-color:rgba(0,0,0,0.1);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:6.06796%;top:76.3754%;width:87.37864%;height:15.37217%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5555555555555556% 0.5555555555555556% 0.5555555555555556% 0.5555555555555556% \/ 2.1052631578947367% 2.1052631578947367% 2.1052631578947367% 2.1052631578947367%\" id=\"el-c1cf1f34-ba84-4598-9452-029b551064a4\">\n<h1 id=\"8-pros-and-cons-of-education-loan-restructuring-in-2024\" class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.6944444444444444% 0;font-family:&quot;Poppins&quot;,sans-serif;font-size:0.404531em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">8 Pros and Cons of Education Loan Restructuring in 2024<\/span><\/span><\/h1>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:60.43689%;top:-1.94175%;width:33.00971%;height:9.70874%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-84f2f553-42a5-489f-b22e-6b466a8f8987\">\n<div style=\"position:absolute;width:100%;height:102.42952%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1.png\" alt=\"fly finance 1 (3)\" 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0;font-family:&quot;Poppins&quot;,sans-serif;font-size:0.404531em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Pros of Education Loan Restructuring<\/span><\/span><\/h1>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"68b5db19-0d17-432b-b1cd-0b0b29374071\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-bea1b450-ffd7-4dcb-9e98-dd66611fcc24 [data-leaf-element=\\\"true\\\"]\",\"keyframes\":{\"transform\":[\"translate(0%, 0%) scale(1.5)\",\"translate(0%, 0%) scale(1)\"]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#8c590c\">\n<div 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srcSet=\"https:\/\/images.unsplash.com\/photo-1534644107580-3a4dbd494a95?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwzMHx8ZWR1Y2F0aW9uJTIwbG9hbnxlbnwwfHx8fDE3MDgzMjkwMjB8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=5616&amp;h=3744&amp;fit=max 5616w,https:\/\/images.unsplash.com\/photo-1534644107580-3a4dbd494a95?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwzMHx8ZWR1Y2F0aW9uJTIwbG9hbnxlbnwwfHx8fDE3MDgzMjkwMjB8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=4492&amp;h=2995&amp;fit=max 4492w,https:\/\/images.unsplash.com\/photo-1534644107580-3a4dbd494a95?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwzMHx8ZWR1Y2F0aW9uJTIwbG9hbnxlbnwwfHx8fDE3MDgzMjkwMjB8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=3369&amp;h=2246&amp;fit=max 3369w,https:\/\/images.unsplash.com\/photo-1534644107580-3a4dbd494a95?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwzMHx8ZWR1Y2F0aW9uJTIwbG9hbnxlbnwwfHx8fDE3MDgzMjkwMjB8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=2246&amp;h=1497&amp;fit=max 2246w,https:\/\/images.unsplash.com\/photo-1534644107580-3a4dbd494a95?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwzMHx8ZWR1Y2F0aW9uJTIwbG9hbnxlbnwwfHx8fDE3MDgzMjkwMjB8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=1123&amp;h=749&amp;fit=max 1123w,https:\/\/images.unsplash.com\/photo-1534644107580-3a4dbd494a95?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwzMHx8ZWR1Y2F0aW9uJTIwbG9hbnxlbnwwfHx8fDE3MDgzMjkwMjB8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=340&amp;h=227&amp;fit=max 340w\" sizes=\"(min-width: 1024px) 120vh, 267vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:7.03883%;top:82.03883%;width:86.40777%;height:22.16828%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-c4955d8d-2e07-49f6-8bb1-bbddbe99e592\">\n<div class=\"fill\" style=\"background-color:rgba(0,0,0,0.1);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:9.95146%;top:82.03883%;width:79.85437%;height:21.0356%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.60790273556231% 0.60790273556231% 0.60790273556231% 0.60790273556231% \/ 1.5384615384615385% 1.5384615384615385% 1.5384615384615385% 1.5384615384615385%\" id=\"el-486c4379-056b-426b-a8af-f8cc09b2a73f\">\n<h3 id=\"extended-tenure-leads-to-lower-monthly-instalment-amounts-making-it-more-manageable-for-fresh-graduates-who-are-still-establishing-their-careers\" class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.6382978723404255% 0;font-family:&quot;Poppins&quot;,sans-serif;font-size:0.339806em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"color: #fff\">Extended tenure leads to lower monthly instalment amounts, making it more manageable for fresh graduates who are still establishing their careers.<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:6.79612%;top:19.7411%;width:86.16505%;height:10.84142%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-ba2380ac-bfba-4a87-a28a-1adc5904c305\">\n<div class=\"fill\" style=\"background-color:rgba(0,0,0,0.1);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:6.79612%;top:19.7411%;width:86.16505%;height:5.82524%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5633802816901409% 0.5633802816901409% 0.5633802816901409% 0.5633802816901409% \/ 5.555555555555555% 5.555555555555555% 5.555555555555555% 5.555555555555555%\" id=\"el-efb16691-7f74-43a4-be08-c60548f883f6\">\n<h2 id=\"extended-repayment-period\" class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.7042253521126761% 0;font-family:&quot;Poppins&quot;,sans-serif;font-size:0.404531em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Extended Repayment Period<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:60.43689%;top:-1.94175%;width:33.00971%;height:9.70874%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-423078e4-75b2-4928-b951-7da59e97dc8a\">\n<div style=\"position:absolute;width:100%;height:102.42952%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1.png\" alt=\"fly finance 1 (3)\" srcSet=\"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1.png 343w,https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1-300x136.png 300w,https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1-150x68.png 150w\" sizes=\"(min-width: 1024px) 15vh, 33vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"3d100fd0-5dbb-40b2-93bf-20468f3a3227\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-43872880-036b-4c92-9383-3bfc25a32203 [data-leaf-element=\\\"true\\\"]\",\"keyframes\":{\"transform\":[\"translate(3.8888889030474587%, 0%) scale(1.5)\",\"translate(0%, 0%) scale(1)\"]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#260c0c\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div id=\"anim-43872880-036b-4c92-9383-3bfc25a32203\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-1f5d7003-d147-49e0-a558-b23fd68161fa\">\n<div style=\"position:absolute;width:266.66667%;height:100%;left:-70.37037%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/images.unsplash.com\/photo-1472772224448-b24d00409675?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw1N3x8ZWR1Y2F0aW9uJTIwbG9hbnxlbnwwfHx8fDE3MDgzMzU3NTJ8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=5760&amp;h=3840&amp;fit=max\" alt=\"person drawing on white sketch pad\" srcSet=\"https:\/\/images.unsplash.com\/photo-1472772224448-b24d00409675?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw1N3x8ZWR1Y2F0aW9uJTIwbG9hbnxlbnwwfHx8fDE3MDgzMzU3NTJ8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=5760&amp;h=3840&amp;fit=max 5760w,https:\/\/images.unsplash.com\/photo-1472772224448-b24d00409675?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw1N3x8ZWR1Y2F0aW9uJTIwbG9hbnxlbnwwfHx8fDE3MDgzMzU3NTJ8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=4608&amp;h=3072&amp;fit=max 4608w,https:\/\/images.unsplash.com\/photo-1472772224448-b24d00409675?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw1N3x8ZWR1Y2F0aW9uJTIwbG9hbnxlbnwwfHx8fDE3MDgzMzU3NTJ8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=3456&amp;h=2304&amp;fit=max 3456w,https:\/\/images.unsplash.com\/photo-1472772224448-b24d00409675?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw1N3x8ZWR1Y2F0aW9uJTIwbG9hbnxlbnwwfHx8fDE3MDgzMzU3NTJ8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=2304&amp;h=1536&amp;fit=max 2304w,https:\/\/images.unsplash.com\/photo-1472772224448-b24d00409675?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw1N3x8ZWR1Y2F0aW9uJTIwbG9hbnxlbnwwfHx8fDE3MDgzMzU3NTJ8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=1152&amp;h=768&amp;fit=max 1152w,https:\/\/images.unsplash.com\/photo-1472772224448-b24d00409675?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw1N3x8ZWR1Y2F0aW9uJTIwbG9hbnxlbnwwfHx8fDE3MDgzMzU3NTJ8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=340&amp;h=227&amp;fit=max 340w\" sizes=\"(min-width: 1024px) 120vh, 267vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:7.03883%;top:82.03883%;width:86.40777%;height:22.16828%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-5207cfad-3092-4e98-97de-163a6b7743f5\">\n<div class=\"fill\" style=\"background-color:rgba(0,0,0,0.1);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:11.65049%;top:84.62783%;width:79.85437%;height:16.99029%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.60790273556231% 0.60790273556231% 0.60790273556231% 0.60790273556231% \/ 1.9047619047619049% 1.9047619047619049% 1.9047619047619049% 1.9047619047619049%\" id=\"el-55cab328-57d6-4ded-b9f0-80d182538076\">\n<h3 id=\"lower-monthly-repayments-can-be-really-helpful-in-easing-the-financial-burden-of-the-students-and-their-families\" class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.6382978723404255% 0;font-family:&quot;Poppins&quot;,sans-serif;font-size:0.339806em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"color: #fff\">Lower monthly repayments can be really helpful in easing the financial burden of the students and their families.<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:6.79612%;top:19.7411%;width:86.16505%;height:10.84142%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-617bf1f9-42b5-4192-84df-b89c9f0fe273\">\n<div class=\"fill\" style=\"background-color:rgba(0,0,0,0.1);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:7.28155%;top:22.00647%;width:86.16505%;height:10.5178%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5633802816901409% 0.5633802816901409% 0.5633802816901409% 0.5633802816901409% \/ 3.076923076923077% 3.076923076923077% 3.076923076923077% 3.076923076923077%\" id=\"el-4257c6b6-22e8-42a7-8699-5c86bbafbc10\">\n<h2 id=\"lower-monthly-installments\" class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.7042253521126761% 0;font-family:&quot;Poppins&quot;,sans-serif;font-size:0.404531em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Lower Monthly Installments<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:60.43689%;top:-1.94175%;width:33.00971%;height:9.70874%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-da364c5c-f14c-4a83-bba7-efbde712a75e\">\n<div style=\"position:absolute;width:100%;height:102.42952%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1.png\" alt=\"fly finance 1 (3)\" srcSet=\"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1.png 343w,https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1-300x136.png 300w,https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1-150x68.png 150w\" sizes=\"(min-width: 1024px) 15vh, 33vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"20eaaced-2eab-4cfd-b8a0-39786f0c412e\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-e481932c-542e-4df5-bc81-cd529a16b142 [data-leaf-element=\\\"true\\\"]\",\"keyframes\":{\"transform\":[\"translate(0%, 0%) scale(1.5)\",\"translate(0%, 0%) scale(1)\"]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#d9d9d9\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div id=\"anim-e481932c-542e-4df5-bc81-cd529a16b142\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-5c5317ba-2884-464f-a71c-1a7b36e18963\">\n<div style=\"position:absolute;width:315.95577%;height:100%;left:-107.97789%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/images.unsplash.com\/photo-1641932969401-a541b8f29155?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwxNHx8bG9hbiUyMGludGVyZXN0fGVufDB8fHx8MTcwODMzODYxOHww&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=6000&amp;h=3376&amp;fit=max\" alt=\"a wallet with credit cards sticking out of it\" srcSet=\"https:\/\/images.unsplash.com\/photo-1641932969401-a541b8f29155?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwxNHx8bG9hbiUyMGludGVyZXN0fGVufDB8fHx8MTcwODMzODYxOHww&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=6000&amp;h=3376&amp;fit=max 6000w,https:\/\/images.unsplash.com\/photo-1641932969401-a541b8f29155?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwxNHx8bG9hbiUyMGludGVyZXN0fGVufDB8fHx8MTcwODMzODYxOHww&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=4800&amp;h=2701&amp;fit=max 4800w,https:\/\/images.unsplash.com\/photo-1641932969401-a541b8f29155?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwxNHx8bG9hbiUyMGludGVyZXN0fGVufDB8fHx8MTcwODMzODYxOHww&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=3600&amp;h=2026&amp;fit=max 3600w,https:\/\/images.unsplash.com\/photo-1641932969401-a541b8f29155?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwxNHx8bG9hbiUyMGludGVyZXN0fGVufDB8fHx8MTcwODMzODYxOHww&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=2400&amp;h=1350&amp;fit=max 2400w,https:\/\/images.unsplash.com\/photo-1641932969401-a541b8f29155?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwxNHx8bG9hbiUyMGludGVyZXN0fGVufDB8fHx8MTcwODMzODYxOHww&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=1200&amp;h=675&amp;fit=max 1200w,https:\/\/images.unsplash.com\/photo-1641932969401-a541b8f29155?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwxNHx8bG9hbiUyMGludGVyZXN0fGVufDB8fHx8MTcwODMzODYxOHww&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=340&amp;h=191&amp;fit=max 340w\" sizes=\"(min-width: 1024px) 143vh, 317vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:7.03883%;top:82.03883%;width:86.40777%;height:22.16828%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-e2392b88-0fe9-4063-a122-9a9bac60f7e3\">\n<div class=\"fill\" style=\"background-color:rgba(0,0,0,0.1);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:10.19417%;top:77.6699%;width:79.85437%;height:25.24272%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.60790273556231% 0.60790273556231% 0.60790273556231% 0.60790273556231% \/ 1.282051282051282% 1.282051282051282% 1.282051282051282% 1.282051282051282%\" id=\"el-1c05e7e0-a2ce-4290-9e77-dc35851c635a\">\n<h3 id=\"you-get-an-option-to-switch-from-a-fixed-interest-rate-to-variable-rate-and-vice-versa-however-it-totally-depends-on-the-banks-terms-and-conditions-set-internally\" class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.6382978723404255% 0;font-family:&quot;Poppins&quot;,sans-serif;font-size:0.339806em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"color: #fff\">You get an option to switch from a fixed interest rate to variable rate and vice versa. However, it totally depends on the bank&#8217;s terms and conditions set internally.<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:7.28155%;top:20.71197%;width:86.16505%;height:10.84142%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-5fd6be64-b82d-4a98-b218-73acc4706202\">\n<div class=\"fill\" style=\"background-color:rgba(0,0,0,0.1);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:10.19417%;top:23.30097%;width:86.16505%;height:5.82524%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5633802816901409% 0.5633802816901409% 0.5633802816901409% 0.5633802816901409% \/ 5.555555555555555% 5.555555555555555% 5.555555555555555% 5.555555555555555%\" id=\"el-49bfd636-cbef-41d6-b8eb-64cf16fcb319\">\n<h2 id=\"flexible-interest-rates\" class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.7042253521126761% 0;font-family:&quot;Poppins&quot;,sans-serif;font-size:0.404531em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Flexible Interest Rates<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:60.43689%;top:-1.94175%;width:33.00971%;height:9.70874%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-8747d467-464c-4956-83cd-e251be8e98c5\">\n<div style=\"position:absolute;width:100%;height:102.42952%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1.png\" alt=\"fly finance 1 (3)\" srcSet=\"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1.png 343w,https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1-300x136.png 300w,https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1-150x68.png 150w\" sizes=\"(min-width: 1024px) 15vh, 33vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"f50e5d85-df37-47e7-a837-20a8c6c61a21\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-96641da6-6856-4dae-ad86-a4befc5f1e5c [data-leaf-element=\\\"true\\\"]\",\"keyframes\":{\"transform\":[\"translate(0%, 0%) scale(1.5)\",\"translate(0%, 0%) scale(1)\"]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#262626\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div id=\"anim-96641da6-6856-4dae-ad86-a4befc5f1e5c\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-c2b5830c-8bdd-496e-b160-93c51d0e0c01\">\n<div style=\"position:absolute;width:266.66667%;height:100%;left:-83.33334%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/images.unsplash.com\/photo-1553729459-efe14ef6055d?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwyN3x8bG9hbiUyMGludGVyZXN0fGVufDB8fHx8MTcwODMzODYyN3ww&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=5616&amp;h=3744&amp;fit=max\" alt=\"fan of 100 U.S. dollar banknotes\" srcSet=\"https:\/\/images.unsplash.com\/photo-1553729459-efe14ef6055d?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwyN3x8bG9hbiUyMGludGVyZXN0fGVufDB8fHx8MTcwODMzODYyN3ww&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=5616&amp;h=3744&amp;fit=max 5616w,https:\/\/images.unsplash.com\/photo-1553729459-efe14ef6055d?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwyN3x8bG9hbiUyMGludGVyZXN0fGVufDB8fHx8MTcwODMzODYyN3ww&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=4492&amp;h=2995&amp;fit=max 4492w,https:\/\/images.unsplash.com\/photo-1553729459-efe14ef6055d?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwyN3x8bG9hbiUyMGludGVyZXN0fGVufDB8fHx8MTcwODMzODYyN3ww&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=3369&amp;h=2246&amp;fit=max 3369w,https:\/\/images.unsplash.com\/photo-1553729459-efe14ef6055d?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwyN3x8bG9hbiUyMGludGVyZXN0fGVufDB8fHx8MTcwODMzODYyN3ww&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=2246&amp;h=1497&amp;fit=max 2246w,https:\/\/images.unsplash.com\/photo-1553729459-efe14ef6055d?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwyN3x8bG9hbiUyMGludGVyZXN0fGVufDB8fHx8MTcwODMzODYyN3ww&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=1123&amp;h=749&amp;fit=max 1123w,https:\/\/images.unsplash.com\/photo-1553729459-efe14ef6055d?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwyN3x8bG9hbiUyMGludGVyZXN0fGVufDB8fHx8MTcwODMzODYyN3ww&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=340&amp;h=227&amp;fit=max 340w\" sizes=\"(min-width: 1024px) 120vh, 267vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:3.64078%;top:82.03883%;width:92.47573%;height:22.16828%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-72d444cb-97a1-4dc8-8dc4-6e4e6bd4822e\">\n<div class=\"fill\" style=\"background-color:rgba(0,0,0,0.1);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:3.64078%;top:82.68608%;width:89.80583%;height:21.0356%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5405405405405406% 0.5405405405405406% 0.5405405405405406% 0.5405405405405406% \/ 1.5384615384615385% 1.5384615384615385% 1.5384615384615385% 1.5384615384615385%\" id=\"el-3d7bfea4-d321-4fbc-a61b-3940733b91bb\">\n<h3 id=\"customised-plans-can-align-with-the-borrowers-monthly-income-ensuring-that-repayments-are-proportionate-to-their-financial-capacity\" class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.5675675675675675% 0;font-family:&quot;Poppins&quot;,sans-serif;font-size:0.339806em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"color: #fff\">Customised plans can align with the borrower\u2019s monthly income, ensuring that repayments are proportionate to their financial capacity.<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:6.79612%;top:19.7411%;width:86.16505%;height:10.84142%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-c0d8b697-65b2-49a5-a7ca-1bd2e69ce7aa\">\n<div class=\"fill\" style=\"background-color:rgba(0,0,0,0.1);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:6.79612%;top:20.06472%;width:86.16505%;height:10.5178%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5633802816901409% 0.5633802816901409% 0.5633802816901409% 0.5633802816901409% \/ 3.076923076923077% 3.076923076923077% 3.076923076923077% 3.076923076923077%\" id=\"el-a0c96de3-a740-420b-abae-0230876b1b3c\">\n<h2 id=\"customized-repayment-plans\" class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.7042253521126761% 0;font-family:&quot;Poppins&quot;,sans-serif;font-size:0.404531em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Customized Repayment Plans<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:60.43689%;top:-1.94175%;width:33.00971%;height:9.70874%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-3f475e5d-5500-453c-b94b-608e3379a4a7\">\n<div style=\"position:absolute;width:100%;height:102.42952%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1.png\" alt=\"fly finance 1 (3)\" srcSet=\"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1.png 343w,https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1-300x136.png 300w,https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1-150x68.png 150w\" sizes=\"(min-width: 1024px) 15vh, 33vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"c8ce2d68-28b5-494e-be7f-2f0169bd943a\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-4402f042-b340-40bd-b539-042bd425c4d0 [data-leaf-element=\\\"true\\\"]\",\"keyframes\":{\"transform\":[\"translate(0%, 0%) scale(1.5)\",\"translate(0%, 0%) scale(1)\"]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#260c26\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div id=\"anim-4402f042-b340-40bd-b539-042bd425c4d0\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-e67bcadd-9711-4933-852f-e6a7385d7f0a\">\n<div style=\"position:absolute;width:118.51852%;height:100%;left:-9.25926%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/images.unsplash.com\/photo-1526781480235-d79b4866aa9c?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwzMXx8ZWR1Y2F0aW9uJTIwbG9hbnxlbnwwfHx8fDE3MDgzMjkwMjB8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=3456&amp;h=5184&amp;fit=max\" alt=\"woman blowing assorted color confettis\" srcSet=\"https:\/\/images.unsplash.com\/photo-1526781480235-d79b4866aa9c?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwzMXx8ZWR1Y2F0aW9uJTIwbG9hbnxlbnwwfHx8fDE3MDgzMjkwMjB8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=3456&amp;h=5184&amp;fit=max 3456w,https:\/\/images.unsplash.com\/photo-1526781480235-d79b4866aa9c?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwzMXx8ZWR1Y2F0aW9uJTIwbG9hbnxlbnwwfHx8fDE3MDgzMjkwMjB8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=2764&amp;h=4146&amp;fit=max 2764w,https:\/\/images.unsplash.com\/photo-1526781480235-d79b4866aa9c?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwzMXx8ZWR1Y2F0aW9uJTIwbG9hbnxlbnwwfHx8fDE3MDgzMjkwMjB8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=2073&amp;h=3110&amp;fit=max 2073w,https:\/\/images.unsplash.com\/photo-1526781480235-d79b4866aa9c?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwzMXx8ZWR1Y2F0aW9uJTIwbG9hbnxlbnwwfHx8fDE3MDgzMjkwMjB8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=1382&amp;h=2073&amp;fit=max 1382w,https:\/\/images.unsplash.com\/photo-1526781480235-d79b4866aa9c?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwzMXx8ZWR1Y2F0aW9uJTIwbG9hbnxlbnwwfHx8fDE3MDgzMjkwMjB8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=691&amp;h=1037&amp;fit=max 691w,https:\/\/images.unsplash.com\/photo-1526781480235-d79b4866aa9c?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwzMXx8ZWR1Y2F0aW9uJTIwbG9hbnxlbnwwfHx8fDE3MDgzMjkwMjB8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=340&amp;h=510&amp;fit=max 340w\" sizes=\"(min-width: 1024px) 53vh, 119vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:6.06796%;top:41.26214%;width:87.37864%;height:22.16828%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-77e8d95b-a388-4c22-90c1-104457a3909d\">\n<div class=\"fill\" style=\"background-color:rgba(0,0,0,0.1);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:3.64078%;top:43.20388%;width:87.37864%;height:10.5178%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5555555555555556% 0.5555555555555556% 0.5555555555555556% 0.5555555555555556% \/ 3.076923076923077% 3.076923076923077% 3.076923076923077% 3.076923076923077%\" id=\"el-dbd00fb1-fdb0-4821-963c-0582f3e6ad5a\">\n<h1 id=\"cons-of-education-loan-restructuring\" class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.6944444444444444% 0;font-family:&quot;Poppins&quot;,sans-serif;font-size:0.404531em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Cons of Education Loan Restructuring<\/span><\/span><\/h1>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:60.43689%;top:-1.94175%;width:33.00971%;height:9.70874%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-6aeb8c28-4918-41c0-98f9-dbe2c41c4fe8\">\n<div style=\"position:absolute;width:100%;height:102.42952%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1.png\" alt=\"fly finance 1 (3)\" srcSet=\"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1.png 343w,https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1-300x136.png 300w,https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1-150x68.png 150w\" sizes=\"(min-width: 1024px) 15vh, 33vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"080e8c75-80cd-40a3-bb65-e148b7dc7a8a\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-7052cea1-68c2-4853-9bc3-f5086c6d37bd [data-leaf-element=\\\"true\\\"]\",\"keyframes\":{\"transform\":[\"translate(0%, 0%) scale(1.5)\",\"translate(0%, 0%) scale(1)\"]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#262626\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div id=\"anim-7052cea1-68c2-4853-9bc3-f5086c6d37bd\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-8e062f5a-4f6d-4a79-8685-8490e3d22766\">\n<div style=\"position:absolute;width:266.16447%;height:100%;left:-83.08224%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/images.unsplash.com\/photo-1609429019995-8c40f49535a5?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw4fHxjcmVkaXQlMjBzY29yZXxlbnwwfHx8fDE3MDgzMzkxMjh8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=4240&amp;h=2832&amp;fit=max\" alt=\"blue and white visa card on silver laptop computer\" srcSet=\"https:\/\/images.unsplash.com\/photo-1609429019995-8c40f49535a5?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw4fHxjcmVkaXQlMjBzY29yZXxlbnwwfHx8fDE3MDgzMzkxMjh8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=4240&amp;h=2832&amp;fit=max 4240w,https:\/\/images.unsplash.com\/photo-1609429019995-8c40f49535a5?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw4fHxjcmVkaXQlMjBzY29yZXxlbnwwfHx8fDE3MDgzMzkxMjh8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=3392&amp;h=2266&amp;fit=max 3392w,https:\/\/images.unsplash.com\/photo-1609429019995-8c40f49535a5?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw4fHxjcmVkaXQlMjBzY29yZXxlbnwwfHx8fDE3MDgzMzkxMjh8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=2544&amp;h=1699&amp;fit=max 2544w,https:\/\/images.unsplash.com\/photo-1609429019995-8c40f49535a5?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw4fHxjcmVkaXQlMjBzY29yZXxlbnwwfHx8fDE3MDgzMzkxMjh8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=1696&amp;h=1133&amp;fit=max 1696w,https:\/\/images.unsplash.com\/photo-1609429019995-8c40f49535a5?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw4fHxjcmVkaXQlMjBzY29yZXxlbnwwfHx8fDE3MDgzMzkxMjh8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=848&amp;h=566&amp;fit=max 848w,https:\/\/images.unsplash.com\/photo-1609429019995-8c40f49535a5?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw4fHxjcmVkaXQlMjBzY29yZXxlbnwwfHx8fDE3MDgzMzkxMjh8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=340&amp;h=227&amp;fit=max 340w\" sizes=\"(min-width: 1024px) 120vh, 267vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:3.64078%;top:82.03883%;width:92.47573%;height:22.16828%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-6e89ae42-a87d-442d-b11f-f2f081694ff6\">\n<div class=\"fill\" style=\"background-color:rgba(0,0,0,0.1);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:3.64078%;top:82.68608%;width:89.80583%;height:21.0356%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5405405405405406% 0.5405405405405406% 0.5405405405405406% 0.5405405405405406% \/ 1.5384615384615385% 1.5384615384615385% 1.5384615384615385% 1.5384615384615385%\" id=\"el-b1c01ac0-fc17-4b6a-b316-707792db0fdf\">\n<h3 id=\"when-you-restructure-the-loan-it-changes-some-terms-like-repayment-period-interest-rates-emi-amount-etc-and-all-these-will-be-reflected-in-the-credit-report\" class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.5675675675675675% 0;font-family:&quot;Poppins&quot;,sans-serif;font-size:0.339806em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"color: #fff\">When you restructure the loan, it changes some terms like repayment period, interest rates, EMI amount etc and all these will be reflected in the credit report.<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:6.79612%;top:19.7411%;width:86.16505%;height:10.84142%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-8f2ae728-2916-46a0-a3cb-1d52226e3c8c\">\n<div class=\"fill\" style=\"background-color:rgba(0,0,0,0.1);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:6.79612%;top:22.3301%;width:86.16505%;height:5.82524%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5633802816901409% 0.5633802816901409% 0.5633802816901409% 0.5633802816901409% \/ 5.555555555555555% 5.555555555555555% 5.555555555555555% 5.555555555555555%\" id=\"el-29945e64-f82b-495e-836c-c9a3be28a463\">\n<h2 id=\"impact-on-credit-score\" class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.7042253521126761% 0;font-family:&quot;Poppins&quot;,sans-serif;font-size:0.404531em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Impact on Credit Score<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:60.43689%;top:-1.94175%;width:33.00971%;height:9.70874%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-11744e30-fe09-4180-aa0c-3360464b0fa3\">\n<div style=\"position:absolute;width:100%;height:102.42952%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1.png\" alt=\"fly finance 1 (3)\" srcSet=\"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1.png 343w,https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1-300x136.png 300w,https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1-150x68.png 150w\" sizes=\"(min-width: 1024px) 15vh, 33vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"1d004db6-5513-4765-a75b-6679fddf3a6b\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-481d6c7f-7a86-447b-8145-a96a9aea2405 [data-leaf-element=\\\"true\\\"]\",\"keyframes\":{\"transform\":[\"translate(0%, 0%) scale(1.5)\",\"translate(0%, 0%) scale(1)\"]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#f3f3f3\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div id=\"anim-481d6c7f-7a86-447b-8145-a96a9aea2405\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-018fa42b-de7a-4477-8131-57c76e517efa\">\n<div style=\"position:absolute;width:266.66667%;height:100%;left:-83.33334%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/images.unsplash.com\/photo-1624811532681-e58a7e25f273?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw3fHxjcmVkaXQlMjBzY29yZXxlbnwwfHx8fDE3MDgzMzkxMjh8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=6240&amp;h=4160&amp;fit=max\" alt=\"person holding brown leather bifold wallet\" srcSet=\"https:\/\/images.unsplash.com\/photo-1624811532681-e58a7e25f273?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw3fHxjcmVkaXQlMjBzY29yZXxlbnwwfHx8fDE3MDgzMzkxMjh8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=6240&amp;h=4160&amp;fit=max 6240w,https:\/\/images.unsplash.com\/photo-1624811532681-e58a7e25f273?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw3fHxjcmVkaXQlMjBzY29yZXxlbnwwfHx8fDE3MDgzMzkxMjh8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=4992&amp;h=3328&amp;fit=max 4992w,https:\/\/images.unsplash.com\/photo-1624811532681-e58a7e25f273?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw3fHxjcmVkaXQlMjBzY29yZXxlbnwwfHx8fDE3MDgzMzkxMjh8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=3744&amp;h=2496&amp;fit=max 3744w,https:\/\/images.unsplash.com\/photo-1624811532681-e58a7e25f273?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw3fHxjcmVkaXQlMjBzY29yZXxlbnwwfHx8fDE3MDgzMzkxMjh8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=2496&amp;h=1664&amp;fit=max 2496w,https:\/\/images.unsplash.com\/photo-1624811532681-e58a7e25f273?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw3fHxjcmVkaXQlMjBzY29yZXxlbnwwfHx8fDE3MDgzMzkxMjh8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=1248&amp;h=832&amp;fit=max 1248w,https:\/\/images.unsplash.com\/photo-1624811532681-e58a7e25f273?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw3fHxjcmVkaXQlMjBzY29yZXxlbnwwfHx8fDE3MDgzMzkxMjh8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=340&amp;h=227&amp;fit=max 340w\" sizes=\"(min-width: 1024px) 120vh, 267vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:4.36893%;top:38.99676%;width:89.07767%;height:22.81553%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-57a8f225-d025-4449-a562-bcc1933954f8\">\n<div class=\"fill\" style=\"background-color:rgba(0,0,0,0.2);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:5.82524%;top:45.63107%;width:85.92233%;height:25.08091%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5649717514124294% 0.5649717514124294% 0.5649717514124294% 0.5649717514124294% \/ 1.2903225806451613% 1.2903225806451613% 1.2903225806451613% 1.2903225806451613%\" id=\"el-f2c26dd2-b785-4cf6-b7e6-ee1a296fed80\">\n<h3 id=\"to-know-all-details-of-the-pros-and-more-consswipe-up\" class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.7062146892655368% 0;font-family:&quot;Poppins&quot;,sans-serif;font-size:0.404531em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"color: #fff\">To know all details of the Pros and more Cons<\/span><\/p>\n<p><span style=\"font-weight: 700; color: #fff\">SWIPE UP!<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:60.43689%;top:-1.94175%;width:33.00971%;height:9.70874%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-096fddc4-d425-45ed-9e80-1d0265c11f9f\">\n<div style=\"position:absolute;width:100%;height:102.42952%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1.png\" alt=\"fly finance 1 (3)\" srcSet=\"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1.png 343w,https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1-300x136.png 300w,https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1-150x68.png 150w\" sizes=\"(min-width: 1024px) 15vh, 33vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-page-outlink layout=\"nodisplay\" cta-image=\"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/Pros-and-Cons-of-Education-Loan-Restructure-1.webp\"><a href=\"https:\/\/fly.finance\/blog\/education-loan\/pros-and-cons-of-education-loan-restructure\/\" rel=\"\">Learn more<\/a><\/amp-story-page-outlink><\/amp-story-page><\/amp-story><\/body><\/html><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Know more about Pros and Cons of Education Loan Restructuring in 2024<\/p>\n","protected":false},"author":2,"featured_media":10177,"template":"","meta":{"web_stories_publisher_logo":2665,"web_stories_poster":[],"web_stories_products":[],"footnotes":""},"web_story_category":[],"web_story_tag":[],"class_list":["post-10167","web-story","type-web-story","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>8 Pros and Cons of Education Loan Restructuring in 2024 - Fly Finance<\/title>\n<meta name=\"description\" content=\"Know more about Pros and Cons of Education Loan Restructuring in 2024\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fly.finance\/blog\/web-stories\/8-pros-and-cons-of-education-loan-restructing-in-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"8 Pros and Cons of Education Loan Restructuring in 2024\" \/>\n<meta property=\"og:description\" content=\"Know more about Pros and Cons of Education Loan Restructuring in 2024\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fly.finance\/blog\/web-stories\/8-pros-and-cons-of-education-loan-restructing-in-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"Fly Finance\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-19T10:48:41+00:00\" \/>\n<meta property=\"og:image\" 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