The student loans repayment process is opaque and confusing. Users are unable to compare loan options and often don’t understand the interest rates and fees they are paying. Great Lakes Borrower Services revamp aims to make understanding repayment options simple and easy.
“I’m almost done with school so being able to plan out my future payments helps me to make other financial decisions.”
“Being in graduate school allowed me to defer my loans. I want to have an easy way to keep track of interest and pay off my higher rate loans when I have extra cash.”
“As a freelancer my ability to pay my loans changes frequently. It can be hard to understand and compare the different repayment options.”
Visualizing Data
Easy to read bar graphs allow users to quickly see their loan breakdowns, helping them to evaluate which loans to pay off first.
Repayment Calculator
By layering the different payment plans, users are able to easily visualize their unique payment schedules, as well as the impact that payment structures have on the loan's total repayment value.
