Posts by tag: student debt

What is the process to pay the education loan?

What is the process to pay the education loan?

  • Jul, 18 2023
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So, you're curious about the process of paying back an education loan? It's quite straightforward, really. First, you need to know the details of your loan like the total amount, interest rate, and the tenure. Then, you begin repayment - usually starting six months after you graduate or leave school. Payments can typically be made online or through mail, and it's crucial to make them on time to avoid any penalties or impact on your credit score. It's all about staying informed and being consistent!