Current federal student loan interest rates depend on the type of loan. For loans disbursed between July 1, 2025, and June 30 ...

It will kick back in on Aug. 1 for people in the SAVE repayment program, whose payments have been on hold since last summer.

Here's what you should keep in mind: How your credit score is calculated. A credit score is a formula that helps lenders determine how likely you are to pay back a loan.