Last week we provided advice for newly minted college graduates who need to take account of their student loans and repayment plans. Below, you can find tips for staying on top of your debt over these next few years of repayment.
Tip 1: Don’t Be Late
Paying late can affect a borrower’s credit. As with any other bill or financial responsibility, it is important for graduates to understand the notion that their credit history, including payment details, will influence their future credit options, such as purchasing a house or a car. Everything a borrower does now will play a part in their future borrowing options.