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MyLoans.ai is an AI-based tool focused on assisting graduate students to navigate their loan repayment process with confidence. Serving as an AI consumer advocate, MyLoans.ai is designed to help both current and former graduate students embark on a smoother financial journey.
The platform offers a free loan repayment calculator for a simplified and precise approach to student loan management. The calculator factors in different variables that include the user's income, total federal loans, average interest rate, and family size in order to create a more customised repayment plan for each individual user.
In addition, MyLoans.ai provides support and answers to its users, ready to address any queries about student loan repayment. Please note that the main function of MyLoans.ai is to offer insightful guidance to help graduate students manage their loans, cultivating a sense of financial empowerment and control in the face of loan repayment.
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