Student loans can impact your credit score in several ways. If you make your payments on time, your credit score can improve. But if you miss payments, your score can drop. Student loans also contribute to your credit mix, which is the variety of credit types you have. A good credit mix and a long … Read more
Introduction to Student Loans Student loans help many people pay for college in the U.S. Nearly 43 million people use federal student loans. There are four main types of federal student loans: direct subsidized loans, direct unsubsidized loans, direct PLUS loans, and direct consolidation loans. Key Points to Remember: The 4 Types of Federal Student … Read more
A Beginner’s Guide to Getting the Loans You Need to Graduate Paying for college can be tough unless your parents have saved a lot of money or have high salaries. Most students need loans to help cover the costs. Working through college isn’t as easy as it used to be either. So, student loans have … Read more