18 Tips To Pay Back Student Loans Faster

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Take control over your student debt and repayments. True, your parents may have helped you saving early through 529 tax-deferred savings plans.

18 Tips On Handling Student Repayments Better:

1. Parents Should Save As Early As They Can

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When looking for colleges, consider affordability in your choices. Rather than borrow, think carefully about grants, scholarships, and work study.

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Make it a good habit to periodically review your credit report to make sure your loans appear correctly.

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4. Pay On Time By Automating Your Loans With Auto-Debit

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5. Keep Lender(s) Up-To-Date On Your Contact Information Whenever you move, let your lenders know by updating your address and any other contact information that has changed.

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