Credit is one of the most poorly understood financial structures in the life of the average American. Everybody knows that most people have credit scores. They also know that wise spending and paying off your credit bill make a score go up. That’s about where most people stop.
Instead of learning how it really works, people rely on their guts for day-to-day decision making. They hope that everything will turn out all right in the end. Unfortunately, debt and poor behaviors come together fast. People with little understanding and strategy get weighed down financially, often in ways that they don’t even notice.
What do you do? Luckily there are some options if you fall behind on your student loan repayment. It’s important though that you take action immediately instead of waiting until your balances are seriously delinquent.
More importantly, how do you know which ones are preaching the true word of God? Which can you trust to be consistent with their message and create real value for your spiritual future?