If you are working to payoff student loan debt, keep the following tips in mind :
Be sure to pay off your student loan debt as fast as possible; that way you are able to reduce your debt-to-income ratio, even if your income doesn’t increase.
Consider asking for a forbearance if you’re struggling to repay your student loans. Ask your lender instead to allow you to make interest-only payments. Your principal balance may not go down, but it won’t go up, either.
Read more:Student Loans and Credit Scores
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