Ever wondered how a simple decision during your loan's moratorium period could save you thousands? Paying interest during the moratorium vs. letting it compound can make all the difference in your financial future. When taking an education loan, borrowers often face the choice of paying interest during the moratorium or letting it compound but they often choose the latter considering paying during the moratorium can be a financial challenge. Let’s understand with the help of this blog which is better for you.
This is a companion discussion topic for the original entry at https://www.gyandhan.com/blogs/paying-interest-vs-compounding-during-moratorium