Student loans can affect your credit score—here's why you should make sure you pay them on time

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Student loans can affect your credit score—here's why you should make sure you pay them on time.

It's important to consistently pay your installment loan on time every month. Doing so can help you build credit and lead you on the path to establishing aThink you'll have trouble remembering to pay your loans by the due date each month? Below, we share a universal tip that many use to stay on top of this monthly financial task.

Some student loan companies encourage you to pay on time by giving you a discount on your interest rate if you set up autopay.

 

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And this is why there should be free education and student loan forgiveness.

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